102 
Report . . £ 5.863.533.12. 8 
is deducted the credit account of Roumania: 
a) The value of the material from Arhangels 
taken by the English Armies . . £ 688.632.17. 6 
b) By transfers of materials in 
England 167.523.18. 0 £ 856.156.15.6 
Total . . £ 5.007.376.17. 2 
Nola 1. — The credit acconnt is not complete. 
Nota 2. — From the general armistice (1918) and till February 1921, 
the Roumanian Legation in London paid intereste to the English Treasury 
in cash and bonds the sum of 2.107.677.6.5. Sterlings. 
C) Italy 
1. Transfers of materials in conformity with the 
decision of Versailles, as also other services rendered 
to the Roumanian army aud to the Transylvanian le 
gion organized in Italy : 
The accounts accepted by the Roumanian 
commission It. I. 96.235.126.97 
Accounts 
about which 
there have 
been reser 
ves made . „ 22.766.808.55 L. it. 119.001.935.52 
is deducted the » creditor" 
account of Roumania (tran 
sfers of materials in France 
and Roumania as well as diffe 
rent credited 
sums) . . It. p. 2.409.354,52 
is also deduc 
ted the value 
of materials 
transferred 
during the 
war which . 
has passed to 
the capital » 912.785, —It. p. 3,382.139.52 
Remain Italian lire . . . 115.619.796.— or £ 4.584.440.10.7 
d) America (United-States of North-America) 
(U. 8. A.) 
1. Transfers made to the Roumanian army in confor 
mity with the decision of Versailles Dol. 12.922.675,42 
Report . . . Dol. 12.922.675,42 
Note. — Although this debt was contracted and is payable in the present currency of the creditor coun 
tries, this transformation into the strongest currency such as the pound sterling at legal parity, was effected 
only for the purpose of being able to make a globa estimate.