THE NATIONAL CHAMBER OF COMMERCE
Under the treaty entered into between the United States and
Germany our nation may exercise the right to official representation
on the Reparations Commission, which right it has not as yet
asserted. The United States government and many of its citizens
have large claims against Germany which are inextricably involved
with the whole reparations problem. The decisions of this Com-
mission will exert a controlling influence over the development of
any plan of international finance looking toward the negotiation of
international loans and toward the greater stability of exchange.
Such decisions will also inevitably affect the development of the
purchasing power of the principal nations of the world.
Recognizing the handicap under which our government is now
laboring without any authoritative voice in the far-reaching deci-
sions of this important world agency, the Chamber of Commerce
of the United States urges that all necessary measures, including
the approval of Congress, be speedily taken to procure for the
United States official representation on the Reparations Commission.
(Resolution, Tenth Annual Meeting, 1922.)
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WAR Craimms AGAINST CENTRAL POWERS
The war claims of the government of the United States and of
many of its citizens against the governments of Germany, Austria
and Hungary and their nationals, which are large both in number
and in the aggregate amounts involved, constitute an important
factor in the adjustment of international financial problems. The
prompt determination of the principles which shall obtain in the
disposal of the private properties sequestered by the respective
governments and the orderly and equitable adjustment of these
claims will stimulate greater freedom of commerce and the restora-
tion of trade. Sensible of the complexities of these problems and of
the efforts being made by our government to solve them, the Cham-
ber emphasizes the great importance of speedily developing a plan
for the disposal of such claims and urges upon Congress that any
legislation which may be found necessary or desirable to facilitate
their settlement should be promptly enacted. (Resolution, Tenth
Annual Meeting, 1922.)
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