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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How much such a charge burdens and will burden the Roumanian budget will be seen in the schedule of annex 45. 2) The allocations for civil and military pensioners, who have elected for the Roumanian nationality, whose quantum, Roumania out of a spirit of ge nerosity has taken upon herself. In exchange no sum was granted to the Rou manian State, tor covering this expense, and the few funds and foundations, which might have served for these pensioners are not yet freed by Austria and Hungary, who wit hold them without any right. The burden of these charge; 1 will not be known exactly, until after the coming into effect of the new law for the unification of pensions, but in any case we can affirm that it will be a considerable charge for the future budgets. We explain that Roumania makes sacrifices tor a staff, which never brought any service to the State. 3) The pensions, and allocations for invalides, orphans and war widows in the former kingdom. The quantum of these charges appears in the schedule published in annex 45. The compensation of private persons having suffered damages by the war in the freed territories, which would require a sum of about a milliard and a half, which sum ought to have been at the charge of the old Austro-Hungarian, Monarchy this is over and beyond the compensations to private persons having suffered damages by the war throughout the former territory, which damages were proved legally by the special commissions, and whom Roumania, up to the present has been unable to compensate, as the reparations due to her, I,ave not yet been paid. For those having suffered damages in the ancient kingdom, Roumania could not even afford help within the limits of her budget. 5) The Hungarian and Austrian war loan bonds, which under the Trea ties are not redeemable. In tact according to article 205 of the Treaty with Austria and 188 of the Treaty with Hungary, the Roumanian dependents who were underwriters of these bonds about 3 milliard kronen have no call to these compensations. Roumania could pay nothing for these bonds, although from a moral and in'ernational solidarity point of view, she ought to have been placed in the possibility of repairing the damages suffered by these citizens, who very often did not underwrite of their own free will such loans which were destined to as sist their oppressors. CHAPTER VI ROUMANIAS OBLIGATION DERIVING FROM THE »DE JURE" SUCCESSION OF AUST RO-HUNG ARY The territory of the freed provinces was crossed in all directions by rail ways, which in Transylvania are private property, of a length of 3.291 km : and in Bukovina, of 575 km : that is 60°/ 0 of the whole system of railroads of those provinces.

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