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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is also important by the fact than on the strength ot this article Roumania ma\ retain and liquidate the property, rights and interests of German subjects si tuated in her territory, and for the application of the same the law of June 12 lh 1923 came into effect. We will show in the course of this exposition, how, the Commission ot Reparations, which according to the terms ot the treaties is the mandatary ol the interests of all the allied Powers having rights to reparations, was able lo fulhl its task, and also what modifications and attaints were introduced, b\ sub sequent measures, to the working of this organ, on which, accoiding to the Treaties, depends the whole reparations question. I. DAMAGES SUFFERED BY ROUMANIA As concerns reparations, Roumania is interested that the treaty ot Ver sailles should be applied in the same proportion as for her great allies. In res pect to Germany she cannot be considered, as having limited interests, as some have tried to explain. Germany is the principal debtor ot the reparations due to Roumania, foi the reason that she caused Roumania the greatest losses. In fact the German armies waged war in Roumania, the German admini stration issued »Banca Generala notes, the German Commandment entoiced by anticipation the Treaty'ot Rnearest. It is right therefore that Roumania should have a principal part in the German reparations, based equaly on a principle ot equity, as well as on the special claims she has against Germany. In conformity with the terms of the Treaty, Roumania with the otliei States forwarded in due time to the Commission ot !separations the lists of the damages suffered by her property and her subjects, damages whose reparation comes under the obligations of Germany and of her allies. The list formed after the provisions of the I reaty, and preliminary ju dicial statements made by the Tribunals and special commissions, fixes the amount of the total damages of Rumania at 31.099.853.761 lei gokL(Anex. 42) This figure appears un ler its true light when we remember that 2/3 of the Roumanian territory was invaded and remained occupied for two years and wrung out by Germany, by the application ol the cinical piinciple of the su preme German command, according to which "the chief duty of the military administration in Roumania consists in squeezing the country economicaly, as comp'etely as possible, in the benefit of the Fatherland" 1 ). The consequence of the application of this system ot speculation was the i) The railroad system of 3000 km which Roumanie possessed was'lefl after the retreat of the Germans with only 160 engines.

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