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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As we said higher up, by the agreement signed on Jan 14' lh 1925, in Paris, a percentage in the Bulgarian reparations, was fixed also for Roumania, by article 7 § B of 1.10°/ 0 for the first half, and 20 0 / 0 for the other half, that is an average of 10.55°/ 0 . The sands representing payments for reparations by Bulgaria, were depo sited at the Federal Reserve Bank in New York, amounting to 1,576,898.69 dollars, out of which the quota due to Roumania amounting to 166,362.81 dollars, which Roumania cashed, and paid for debts of her own at the Bald win Locomotive Works Company, Philadelphia. For the future payments which Bulgaria has to make under the title of reparations, Roumania will receive a quota of t0.55 0 / 0 till the end of the year 1926, when under article 23 of the Paris, agreement of January 1925, the allied governments will have to come to an understanding on a new mode of distribution of these payments. In Annex No. 38, we publish a schedule of the Bulgarian reparations, as they appear after the Sofia Protocol, which modified the Troity of Neuilly, a- gainst which Roumania protested in due time, but useless 1 y. In virtue of article No. 127 of the Treaty of Neuilly she further received from Bulgaria a number of cattle, therein specified 1 ), which only represent an infinites'mal part of the head of cattle carried away during the war, and the occupation, from our territory. SECTION TV Tkevty concluded with Turkey and its application Treaty of Severs of August the 10 th 1920 and Treaty of Lausanne of July 23 vd 1923 By th j Treaty of Sevres of August 10 th 1920 (Annex. 40) Turkey acknow ledged more or lesi the obligation of repairing the damages caused by her, but a subsequent clause of the Treaty of Lausanne of July 24"' 1923 (Annex. 41), completely turned over the whole situation, waiving all pecuniary reparations to the allied and associated Powers. Roumania his now no other right under the Treaty of Lausanne, but to the restitution of property, rights and interests which she will be able to iden tify in Turkish territory (art. 65). CHAPTER III Special lights of Roumania deriving from the treaties In order to he able to examine the situation created for Roumania after the application of the treaties under all its aspects, we must summarily ana lyze the questions referring to restitutions, and to the other rights of the Rou manian State deriving from these treaties. ') The cattle which Ru garia should have returned to Roumania on the bas s of article 127 of the treaty consisted of 60 bulls. 6.09 J milch cows 5.250 horsers and mares, 1.050 mules, 8.400 oxen, 15.000 stheep.

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