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

Bibliographic data

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

Usage license:: Get license information via the feedback formular.

s' rw*' 6 settled by the creditor States, for us they are closely bound together and we cannot examine their effect on our financial consolidation unless it be together. It is all the more indispensable to throw o general glance at this moment, not only because we proceeded by our latest monetary law on an important step- tor our internal financial consolidation but also because there is on the one hand a tendency since a few years, in the application of the treaties and the reparation policy, to create for us a dangerous situation which would com promise completely the sacrifices and the efforts made by us to this day. (See the protest of the Roumanian delegation in Spa. Anex 48; the Memoirs men tioned above of lune 1923 at the London conference 1924, at the conference in Paris in 1925, Anex. 55 and, 60-and the Memoirs drawn up tor the L. D. N. of Dec 1924). And on the otlier hand because the question of the Interallied debts is to day discussed directly by our two principal creditors the United States of America and England. Comparing the situation created by the treaties with the one established by their application we will be able to explain more clearly, on one part our rights and our obligations, and on the other part our possibility of fulfilling them, and consequently to determine the attitude of the Roumanian State in this serious, and I may say, decisive phase of our financial consolidation Therefore by mutual agreement with the Minister of Foreign Affaiis I thougt it well to set the stage of these questions at the right point of view, both by publishing the documents on which our rights and obligations should by founded and by examining the conclusions that we can draw from all these documents and to see in what limit we are in the possibility of fulfilling them. The clearer this question will be, the better "the Roumanian State will know how far it can go with the concessions which are demanded, without endangering its consoli dation and I should say its evolution--. And the creditors and other States inte rested in the reparation policy will bo the better able to judge our attitude and our demands, and at last the Roumanian public opinion will know all the better our rights, and will give us its assistance for obtaining them. In the memoirs which are attached to this report, one on the reparation policy and the other on the Interallied debts we gave the necessary explana tions for you to know how these matters have evolved until this day. But we think that it is well to make a short study of investigation on the general and special situation of Roumania in this double matter of reparations and Interal lied debts, in order to be able to interpret this study as completely as possible. In the first of these two questions the reparations, whatever may be the manner in which the treaties were drawn up, Roumania, once she had signed them, had nothing else to do than submit to them. They were treaties of a ge neral character and they were based on »equality and equity--, which were to continue the solidarity of the Allies of the great war. But immediately, after they were drawn up and ratified, the procedure which followed caused a con tinual infringement of this treatment of equality and equity which was provid ed and which ought to have been respected in the application of the rights * * k * * * 4,

Access restriction

Copyright

fullscreen: 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

Monograph

Table of contents

Download

Monograph

This page

Image fragment

Citation links

Citation recommendation