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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At this latter Conference, Roumania exposed afresh, her situation regard ing the reparations problem, both at the debates as also by the declaration and the memoir presented by her, and which are amongst the documents of this Conference Annexes 59 and 60). By this memoir and these declarations, Roumania precised her point of view on the quota which she accepted provisionally, and only as »a means of payment* requesting the reconsideration of the whole question, and of her spe cial claims. The agreement concluded, entitled »Agreement regarding the distribution of the annuities of Daiee's plan, January 14"' 1925“ is the last interallied docu ment in matters of reparations (Annex 61). In regard to Roumania it contains the following provisions: By artcle 7, § B, is fixed: 1) A quota of 1.10°/ 0 out of the German reparations, modifying in this manner the l°/ 0 proposed at the Spa agreement, but which precized nothing. 2) Out of Austrian, Hungarian and Bulgarian reparations a quota of 1.10 0 / 0 for the first half, and 20°/ 0 for the other half, that is an average of l0.55°/ 0 out of the total, which is not yet known. Article 23 provides that the payments made by Bulgaria out of the repa rations until December 31 st 1926 in virtue of the Sofia Protocol of March 21 st 1923, will be divided amongst the allied Powers, according to the Spa Protocol, and to Roumania according to the foregoing quotas, namely 1.10 0 / 0 on the first half, and 20°/ 0 on the other half, that is an average of 10.55°/ 0 of the total. For distributing the payments, the allied Governments will take an ulterior decision. Article 27 reserves for the Powers interested in the reparations, all Ger many’s" rights and obligations deriving from treaties, conventions and arran gements, being in force at the time. This article introduced partly on our in- sistance leave the rights which we have against Germany in respect of our two special claims, that is the „Banca Generala« notes, and the anticipated enfor cement of the Treaty of Bnearest, intact. By paragraph 2 of the declaration, made by the Roumanian delegation at this Conference, (annex 59) it is categorically provided that: aj Roumania does not accept but provisionally the application of the percen tage accorded, joining this provisional acceptance to the arrangement of March 11 th 1922, which provides compensations for transferred property and for the liberation quota, and (p) Does not understand any kind of prejudice being caused to the position taken up by her in the matter of her rights and obligations deriving from the treaties, such as she summed them up in the memoir presented in London. In paragraph 3 of the same declaration, Roumania states that she counts on the assistance of the allied and associated Powers for the recovery of her special claims, which were reserved in the former sitting, and begs that, the

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