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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42 SECTION I Restitutions It is also in this same chapter about reparations that the question of res titutions is treated, that is the regaining of the objects carried away from the country by the enemy, and which can be identified in their territory. For our great allies the recovery was much easier, by the fact of the closeness of the frontiers, and the easiness of investigations, so that we can almost say that they recovered almost the whole of what was left in existence of their earned away property. But for Roumania the recovery of the restitutions was rendered harder by the fact that during the first few days that followed the armistice, and when the investigations would have been easier, she had not the right of nam ing delegates of her own, for investigating and recovering, and she was the refore obliged, to appeal to the assistance of the allies, delegates. Later on when national restitution services were created, the identification operat'ons had be come harder, so that the results had been much below what was expected. Our great allies who had recovered the greater part of their property, urged the other States to conclude lump agreements with the former enemies under which in exchinge for global sums they should forego all ulterior in vestigations for identifyind carried away property This attitude was justified by the wish of saving the enemies incurring expenses in keeping up the resti tution services, which operated on their territory. In these conditions Roumania concluded lump agreements giving up look ing fur property which might be identified in the territories of Germany, Austria and Hungary. I. Agreements with Germany. Roumania concluded the first agreement of this kind with Germany in July 1921, by which Germany agrees to give Roumania: one hundred stal lions f r breeding, 2.900 mares, 2.000 big horses, and besides this a credit of 20 million marks (paper) for buying material in Germany. This first agree ment was carried out completely; the credit of 20 million marks paper, was made use of by the War Office for 5 millions, and by the Minister of Communications for 15 millions. In September 1922 the second lump agreement for renouncing the right to the cattle and the tlnroughbred horses which should have been given us under article 238 of the Treaty of Versailles was concluded. On the basis of this agreement, ratified in November 1922, Germany opened us a credit of 4 TOTOO) marks gold out of which 3.70 J.000 marks gold were made use of by the Roumanian railroads and one million marks gold by the Ministry of A- griculture. Negotiations for the third lump agreements were in course, regarding all kinds of restitutions, not being those specified in Protocol D. under the name

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