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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31 vernments have only calling to fix the proportions, according to which the total of the succesive payments made by Germany on account of reparations, are to be shared between them, and even these proportions are to be based on equity and each ones rights. As regards the application of the Spa agreement of July 16 th 1920, the Pre sident asserts, that it will give rise to many and serious difficulties, hut that he cannot refuse the record of this arrangement, and must request on its appli cation, the aid of the signing Governments, to remain in a spirit of justice and equity. j, In this spirit— Mr Dubois says textually— I personally accepted the for mula of registration worked out by the British delegate Sir John Bradbury«. The flagrant violation of the treaty by this agreement a violation which was pointed out by the President of the Commission of reparations himself gave place in this sitting, to debates on the part of the delegates ot the States, which had not signed. By the debates which followed, by the questions and answers given, it stands out clearly that in the spirit of the Commission of re parations it was intended not to harm in any way by the registration of this agreement, the rights and the interests of the other Powers, who signed the Treaties, but who did not participate or adhere to the above agreement. For any one who wishes to read and to interpret the Treaties in an objec tive manner, the Spa agreement, and the debates which followed, on its iegis- tration at the Commission of reparations, it clearly stands out, that no other in terpretation could be given to this agreement, than that the signing States intend to share between themselves, according to the quota established by them the lump sums due to then, after partially satisfying the claims of the States not having signed the agreement, but being entitled lo reparations. How were defended the rights and the interests of the Powers who did not sign, amongst which is also Roumania, we shall see later on, for that which at the beginning was considered as an agreement, which only concerned those who had signed, later on when its original flaw was forgotten, was considered as an obligation, even for the States which did not sign, that is, the iniquity which should have been avoided, was aggravated. Therefore by the Spa agreement, before determining the German Austrian and Hungarian debt for reparations, a quota of distribution was settled, which took no notice, either of equity, nor of the rights of anyone, nor of the total of reparations, nor of the list of damages, presented by the allied Powers. Such an iniquity could not be admitted without a protest on our part on July 12 th 1920, that is, before the signing of this agreement, Mr Titulescu, Minister of Finance, and Plenipotentiary in the Roumanian delegation, with Dr I. Cantacuzino, president of the Roumanian,. delegation at the Paris peace Conference, handed in an energetic protest, which points out, as clearly and categorically as possible the rights of Roumania, and the violation which is being committed. This protest is the foundation deed of our reparation policy, and we main-

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