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.

Rouraania has received so far, out of the total amount of German repara tions, a value ol 38.951.353,99 marks gold, for the period before the applica tion of Dawe’s plan, whereas on the basis of Dawe’s plan for the first period, the monthly quota attributed to Roumania is about 580 thousand marks gold. On this occasion we must mention, that another mode of repairing the damages was by »prestalions and delivery in kind*, put into practice by those allies, having frontiers close to Germany, a means by which Roumania could not benefit, on account of her geographical position. Roumania could not profit at the proper moment by these advantages, both on acount of the diffi culties of transport, as well as for the reason that she was offered material of which she had no need, for instance dye stuff, when we were in need of rail way material. The manner in which the chapter of German reparations was applied, and the repercussion of this application in regard to Roumania, who was so dama ged by the war, constitutes an evident injustice which could not pass unobser ved, even by our great allies, who in the belief that they were righting matters allowed us a larger quota in the Austrian, Hungarian, Bulgarian and Turksh reparations. SECTION II Treaties concluded with Ausrria and Hungary and their application The Treaty of St. Germain en Laye Sept. 10th 1919, and the Treaty of Trianon of July 4th 1920, and the decisions of the Commission of reparations By article 177 and the following of part VKI of the Treaty of St. Germain of September 10th 1919 concluded with Austria (‘j, and by article 161 and the following, of part VIII of the Treaty of Trianon concluded with Hungary ( 2 ), the States are obliged to pay reparations, the quantum whereof ought to have been fixed by the Commission of reparations, beginning on May 1st 1921, and payable in a period of 30 years. Roumania is to participate in the reparations, with a quota which by the last agreement concluded on January 11 th , 1925, was fixed as follows: l,10°/ 0 on the first half and 20 °| 0 on the second half. Though the quota of distribution was fixed, still the quota of reparations to which it was to be applied, has not yet been determined. By article 11 of the arrangement concluded on March 11 th 1922, between Belgium, France, Great Britain, Italy and Japan (Annex 54; during the Confe rence of the Ministers of Finance of the Great Powers, in Paris, it was decided (!) The treaty of St. Germain came into effect for Roumania on September 4 th 1920, and the delays provided by the same, begin to run from Joly 1 6th 1920 (Annex 29...). ( 2 ) The Treatry of Trianon, came into effect for Roumania on June 20th 1921, and the delays begin at the §ame date (Annex 32....).

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