On this day 68 years ago, on December 8, 1957 (October 17, 1957 lunar calendar), Indonesia announced the control of Dutch farms and banks in Indonesia. On December 8, 1957, Indonesian Prime Minister and Defense Minister Zhu Anda, in his capacity as the supreme military power, announced that all Dutch plantations in Indonesia, as well as the factories and agricultural experimental stations attached to the plantations, are under the control of the Indonesian government. Army Chief of Staff Nasution and Finance Minister Slamet issued a joint statement on the 9th, declaring military control over the Jakarta head office of three Dutch banks, Small Bank, Anda Bank and Yitugong Bank, and branches elsewhere. In addition, in East Java, West Java, North Sumatra, and Makassar in Sulawesi, Indonesian workers and young people have taken over or supervised a number of Dutch banks and enterprises. So far, in the struggle of the Indonesian people for the liberation of West Irian, the Dutch enterprises that have been regulated by the Indonesian government and handed over to the government after being taken over by the workers are: all Dutch plantations, three major banks, four shipping companies including the Royal Dutch Steamship Company, four of the five Dutch oceanic banks, Yumili, International, Aguson, and Mumniang. Some hotels, clubs, libraries, and factories in Jakarta, Palembang, etc. have also been taken over by workers. In addition, in the most productive regions such as North Sumatra, the military authorities have also ordered the regulation of all local Dutch companies. The Dutch companies that are currently regulated and have been declared regulated make up the majority of the Dutch monopolies in Indonesia. Because the main oil company, Batavia Petroleum, is a joint venture between the Netherlands, Britain and the United States, it has not yet been touched. At present, all the regulated enterprises are still working as usual, and Indonesian workers are closely protecting the materials and equipment in the enterprises. The Indonesian government has not yet decided whether to nationalize or confiscate the Dutch enterprises that have been regulated. The government has said that it may not study how to deal with these enterprises until the West Irian issue is resolved. The Indonesian government may decide whether to pay an appropriate compensation to Dutch companies based on the Dutch attitude on the West Irian issue.