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

On  the  other  hand  the  Russian  betrayal,  and  the  bolchevik  danger  at  our
Eastern  frontier,  obliges  the  Roumanian  State  to  continue  the  war  on  the
Dniester  and  to  maintain  its  armed  forces  mobilized,  till  the  Spring  of  1920.
Therefore  by  her  special  situation  Roumania  had  to  suffer  losses,  both  by
the  destructions  caused  by  the  existence  of  the  battle  front  on  her  own  territory, ­
  as  by  losses  of  men,  (dead  and  invalides)  till  the  end  of  1919.
Once  Roumania  s  war  ended,  her  ruins  should  have  been  restored,  useful
works  should  have  been  taken  up  again,  the  aggressors  should  contribute  in  rebuilding ­
  the  ruins  they  caused,  and  in  restoring  the  countries  thev  destroyed

CHAPTHER  II
Roumania  s  rights  to  reparations  according  to  the  treaties  of  peace,
THE  CONVENTIONS  AND  THE  AGREEMENTS  CONCLUDED

President  Wilson’s  speech  on  January  8 th  1918  mentions  the  obligation,
of  reconstructing  the  ruined  regions  of  Roumania,  Servia  and  Montenegro
while  the  armistice  Convention  of  1918  stipulates  in  article  XV  the  obligation ­
  of  returning  all  documents,  valuable  property  (moveable  and  fiduciary),
as  well  as  the  return  of  the  Roumanian  gold  taken  by  Germany,  or  given
up  to  her  or  her  allies  (Annex  26).
The  armistice  concluded  on  Novembre  11 th  1918,  for  a  delay  of  36  days
is  extended  from  December  13'"  1918,  till  January  17 th  1919  with  a  right  of
extension  from  month  to  month,  till  the  conclusion  of  the  preliminaries
of  Peace.
The  charge  of  providing  clear  and  precise  conditions  for  the  reparation  of
damages  was  reserved  for  the  treaties
The  starting  point  was,  to  leave  on  one  side  any  kind  of  reparation  in
respect  of  the  so  called  war  expenses  proper,  allowing  the  reparations  only  for
the  following  class  of  damages  to  wit  :
a)  Damages  suffered  by  property  ;
b)  Damages  suffered  by  persons,  in  which  are  included  also  allowances  for
invalides,  orphans  and  war  widows  ;
c)  For  damage  arising  from  special  claims,  such  as  were,  for  Roumania
the  recuperation  of  deliveries  in  virtue  of  the  Treaty  of  Bnearest,  and  of  the
notes  of  the  -Banca  Generala«.  (Article  259.6).
It  is  useless  to  discuss  the  conditions  in  which  the  treaties  were  drawn  up,
for  once  they  are  signed  and  ratified,  we  must  comply  with  them.  We  have
however  the  right  and  the  duty  to  watch,  for  them  to  be  equally  applied  for
every  body,  and  in  the  spirit  they  were  made  in.
From  the  beginning  we  must  point  out  that  they  were  drawn  up  at  a
moment  of  great  illusions,  when  it  was  thought  that  they  would  be  carried  out
to  the  letter  by  all  the  conquered  and  conquerors.
            
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