Full text : 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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The  expenses  on  lite  Western  front  are  on  an  average  greater.
This  statement  must  not  be  taken  as  an  economy  realized  by  the  Roumanian ­
  State  on  its  general  expenses  for  the  war  but  rather  as  a  criterium
of  the  special  conditions  in  which  the  Roumanian  army  made  the  war.
6)  Reckoning  also  the  war  damages,  the  effort  of  Roumania,  divided  over
each  day  of  mobilization  amounts  to  nearly  1  y 2  ,£,  that  is  a  considerable  sum
compared  to  the  average  war  expenses  on  the  other  fighting  fronts.
7)  Besides  these  charges  born  for  the  greater  part  by  a  population  of
only  8  million  souls,  Roumania  lost:
a)  350.000  soldiers  that  is  40°/ 0  of  the  whole  effective  force  mobilised.
b)  450.000  civilians  dead  by  disease  or  other  causes  arising  directly  from
the  war,  that  is  in  all  800.000  dead  or  10°/ 0  of  the  population  of  the  former
kingdom.
These  losses  in  men,  added  to  the  ,£  1.937.882.264.2.9  which  represent
the  expenses  and  the  damages  of  the  war,  characterize  the  effort  made  by  Roumania, ­
  and  constitute  a  claim  not  to  be  discussed  which  gives  her  the
right  of  demanding  a  special  attention,  and  a  better  treatment  in  the  settling
of  the  debts  she  was  obliged  to  contract  for  them,  in  order  to  fulfil  the  charge
she  took  on  herself  when  she  entered  the  war  with  them.

From  what  we  have  pointed  out  in  the  general  account  Roumanis’a
interallied  debt  may  be  summed  up  as  follows  :

SCHEDULE

SUMMING  UP  OF  ROUMANIAN’S  INTERALLIED  DEBT  ')  IN  POUNDS.

FRANCE

ENGIAND

ITALY

1914/16

110.000.000.00

4.100.436.10.  9

1916/18

783.276  262.57
8.500.000.00
27.652.236.00

8.097.977.17.10  =)

972.705.00

1918/21

120.908.718.71  2 )

2.807.376.17.02
22.200.000  OO.OOU

22.766.808.55°)
92.852.987.45-)

120.908.718,71

17  205.791.05.00=)
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116.592  581.00

AMERICA

36.107.668,09«)

36.107.668  09

i)  Till  the  verification  of  the  accounts,  these  figures  are  provisional,
i)  This  sum  was  found  by  deducting  out  of.
121.354.522.71
445.804  (0  aid  to  the  Nansen,  a  debt  lequidated  in  London  by  the  agreement  of  Dec.  1924  for  relief
2U908i718i7R  bonds.
            
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