N.Y. Herald Tribune, Feb. 12, 1953
Holland Loss 265 Million
THE HAGUE, Feb. 11 (^.—Pre
mier Willem Drees today put the
first official estimate of the dam
age from last week's disastrous
floods in the Netherlands at 1,000,-
000,000 guilders (about $265,-
000,000).
He told parliament the Dutch
Ambassador in Washington has
been instructed to inform the
United States, however, that this
new and unexpected burden on
the Dutch economy will not in any
way influence Holland's defense
build-up commitments under the
North Atlantic Treaty.
