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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s the interalied debts.Without insisting on the succesive phases of this question, which probably on account of inexact informations nearly took the shape of a diplomatic conflict, to day after more than o year, has taken a more general cha racter, the great American Republic, demanding from all its debitor States, the settlement of this question, independently of reparations, we are also consequently like France, Italy, Belgium, Tcheco-Slovakia and Yougoslavia etc. before a situation, the necessity of studying the question in itself leading it to the future to see how it is developed. This necessity is created by the negotiations o 1 each debitor State, even if they have not yet arrived at a practical solution and also by the new attitude of, England, which by her note of June 1925 de mands that the settlement of the American loans be effected at the same time as hers, not admitting that we should pay one creditor without consider ing the rights of the others. Thus we are placed in face of the following situa tion: oh the one part the adjournment, the delay and the reduction of our rights, and on the other part taking upon ourselves the Austro Hungarian debts, the liberation quota, the value of transferred property, which establishes the quantum of the claim against us under the treaties, and at last the settling of the Interallied debts, for the American ones draw after them the payment of the English debts and therefore of the French and Italian debts. From the state ments made in the memoirs and the documents which we publish, the situa tion before which we find ouselves can be summed up as follows. 1. In the reparation policy: our rights for damages owed to us by our former enemies had been unjustly, against the terms of the treaty and without our participation reduced to the Spa quota which was derisory when the amount fixed for Germany to pay to the Allies for reparations amounts to 132 miliards of Marks gold. The question is still open for us. 2. The restitution of our special claims : The notes of the Banca Generala and the recovery of those ensueing from the anticipated enforcement of the Treaty of Bnearest, has not been settled as it ought to have been done for a privileged claim but even the mode of payment has not been fixed. Roumania though a victorious country has remained with war damages paid to the enemy, amounting to over 3 milliards gold, without receiving any thing from them, this question is still open and we have an interest in demand ing that it should be settled. 3. Although according to the Spa agreement, and by the different con ferences and treaties, the determination of the Austro-Hungarian reparations to which the quotas due to us were to be applied, had been decided, but to this day, those sums, on which we could settle our balance, have not been fixed, but even delays for paying them have been granted, That is, there has been no general plan for carrying out the decisions, formed for the suc ceeding states of Auslro-Hungary, as was done for Germany, by Dawe’s plan, and nothing leads us to think that such a plan is being prepared. Rouma nia demanded at the Paris Conference in Jan. 1925 the examination of the whole situation, and she must persevere in demanding her right. 4. This delay, aqd continuation in establishing the obligations deriving

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