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.

would fall on the Roumanian State, tried under the semblance of a real purchase, to carry away, as many products and goods as possible.trom the occupied territory. Itoumania in the interest of the unification of her currency was obliged to withdraw from circulation the German issue, reimbursing the bearers with notes of the National Bank. The obligation of Germany to reimburse these notes is beyond discussion, as in fact the Roumanian Government proved in the special memoir published in February 1925 (Annex 43). In fact this issue 2.173 millions went for buying goods and products in the territories gratuitously, The obligation of reimbursing this issue was expressly stipulated in article 19 of the armistice which obliged Germany to remit at once all documents, moneys, securities and paper money, with the issue material, and everything of public interest in the invaded countries And by article 259, paragraph 6 of the Treaty of Versailles (financial clauses) in the last paragraph. Germany un dertakes 11 to transfer respectively either to Roumania and to the principal allied and associated Powers, all monetary instruments, specie, securities and negotiable instruments, and all products received by her in virtue of these treaties «. This obligation of Germany's has a totally special character, and the very presence of this reimbursement clause, in a special article in the armistice con vention, and in the Chapter : ^Financial Clauses* of the Treaty of Versailles, is a proof of the distinction which must be made between Germany's obligation of reimbursing the notes issued, and her obligation for reparations. Germany seeking to take advantage of the interpretation which it would have liked to give to the application of Dawe s plan, applied to the Commission of reparations, to decide on the existence of Roumania’s right, and if they say it does exist, to impute this right on the product of Dawe’s plan. The Commission of reparations by the decision it gave declared that it could give no hearing to this application presented by the German Government. After this decision Roumania’s right remained whole, as it exists under the provisions of article 259, paragraph 6 of the Treaty of Versailles, of the different protocols drawn up at the Interallied Conferences of Genoa, London, and at the last Conference in Paris on January 14 a 1925. Germany being obliged to repair these damages, will necessarily have to find a favourable solution for Roumania, without which no friendly normal relations can be expected between these two countries. The solution must be looked for rather outside Dawe’s plan, for Roumania’s right of recuperation in this instance constitutes a claim of a quite special na ture, and outside the scope of the reparations, but if necessary, inside the scope of Dawe’s plan (annex 59). 2. The anticipated enforcement of the Treaty of B nearest of 1918, in

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