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PART  I
The  situation  of  Roumania  in  presence  of  the  Treaties
OF  PEACE  AND  OF  THE  CONVENTIONS  AND  AGREEMENTS  WHICH
FOLLOWED  THOSE  TREATIES
After  seven  years  since  the  general  armistice,  after  five  years  since  the  signature ­
  of  the  last  Treaty  of  Peace,  the  state  of  uncertainty  left  by  the  application ­
  of  the  treaties  and  their  subsequent  modifications  necessitates  an  examination ­
  and  a  precising  of  lloumania’s  situation  in  presence  of  these  Treatiers
of  Peace,  and  of  the  Conventions  and  Agreements  which  followed.
As  regards  Roumania  this  examination  is  more  specially  demanded,  as
whatever  may  have  been  certain  unjust  treatments  provided  in  the  original
treaties,  incidental  proceedings,  in  most  cases,  taken  without  the  participation
of  the  interested  parties,  created  for  the  States,  so  called,  »States  with  limited
interests",  a  situation,  if  not  actually  dangerous,  at  least  of  inferiority  for  recuperating ­
  their  rights.
At  a  time  when  the  settlement  of  the  »Interallies  debts"  is  claimed,  when
the  estimation  and  the  enforcement  of  the  obligations  imposed  by  the  treaties
on  the  States  so-called  with  limited  interests,  it  is  necessary,  in  view  of  the  new
obligations  which  might  be  imposed  on  Roumania,  to  precise  the  financial  con
sequences  of  her  war.
In  the  second  part  of  this  exposition  concerning  the  »Interallied  debts--,
we  will  show  the  circumstances  and  the  conditions  in  which  Roumania,  solidary ­
  with  her  great  allies,  entered  the  war;  in  that  part  we  will  mention  those
circumstances  and  conditions,  as  far  as  it  will  be  necessary  for  examining  and
precising  the  reparation  problem,  and  more  especially  in  the  application  of  the
treaties  which  constitute  for  Roumania  a  question  of  vital  importance.
CHAPTER  I
GENERAL  CONSIDERATIONS  ON  ROUMANIa’s  WAR
We  will  examine  the  special  conditions  of  Roumania’s  war,  discriminating
the  period  socalled  »armed  neutrality--  from  the  “war  proper--  period.