I have signed into law H. R. 12259. The basic purpose of this bill is to authorize the Foreign Claims Settlement Commission to determine the amount and validity of claims of United States nationals against the Government of Cuba.
The Castro regime has expropriated over $1 billion worth of property of United States nationals in total disregard for their rights. These unlawful seizures violated every standard by which the nations of the free world conduct their affairs.
I am confident that the Cuban people will not always be compelled to suffer under Communist rule—that one day they will achieve freedom and democracy. I am also confident that it will be possible to settle the claims of American nationals whose property has been wrongfully taken from them.