The report of the Minister of Finance to the Counsel of Ministers on the situation of Roumania created by the reparation and interallied debts policy

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Monograph

Identifikator:: 102318091X

URN:: urn:nbn:de:zbw-retromon-55477

Document type:: Monograph

Title:: The report of the Minister of Finance to the Counsel of Ministers on the situation of Roumania created by the reparation and interallied debts policy

Place of publication:: Bucarest

Publisher:: Government Press

Year of publication:: 1925

Scope:: 1 Online-Ressource (115 Seiten)

Collection:: Economics Books

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and the first four months of 1921, the equivalent of 20 milliards of marks, gold, in gold, goods, ships, stock or othervise [Article 235). Germany’s economical resources are directly destined lor reparations, under article 236. , Article 237 has a great importance for the reparation question, as it dis poses in.express and categorical terms, that the succesive payments, — inclu ding those mentioned in the preceding articles — destined by Germany, should be distributed by the allied and associated Governments in certain pro portions, determined by them before hand, on a basis of equity ani os each one's rights. By articles 238 and 239 is provided specially the obligation for Germany to return immediately, after the form determined by the Commission of repa rations, the cattle, all kinds of articles, of valuables, carried awav from the invaded territories, when they can be identified on German territory, or on that of her allies. Articles 244 with its annex No. VII provides, as regards Boumania the cession, on the part of Germany of all the rights, privileges and titles of any kind, she had in the Constanfa-Constantinople cable line. Article 259, paragraph VI (financial clauses, has a great importance for Roumania, as it states that Germany confirms having renounced the benefits of all the stipulations inserted in the treaties of Bucarest and of Brest-Litowsk, and the additional treaties, as is specially mentioned in article XV of the ar mistice of November 11 lh 1918. »She undertakes to transfer respectively either to Roumania, or to the -principal allied and associated powers, all the monetary instruments, specie, »securities and negociable instruments, as well as products which she had re- ’ceived in virtue of those treaties--. On this article is founded Roumania’s right of asking Germany to give back to her all supplies and prestations which she delivered on the anticipated enfor cement of the Treaty of Bucarest, including the integral security for the Ban ca Generala notes, which the Germans issued in the invaded territories of Roumania. she Treaty of Versailles also contains clauses, for getting back, through the intervention of the Commission of Reparations, all property, rights and interests which German subjects might have, indertakings of public interest in territories beyond the frontiers of Germany, or of the allied and associated Powers. (Article 260). We will examine this article in all its details in the respective chapter, because the Roumanian point of view founded on the text of this article is, that the property rights and interests belonging to German subjects on the territory of the freed provinces, must be liquidated in favor of the allied State which o'\ ns them, for in this matter article 297 of the Treaty of Versailles, must be applied, and not article 260. Article 296 concerns the question of debts between German dependents, and those of the allied Powers, and the manner of liquidating them, and article 297

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