23

They  provided  both  for  the  ones  as  well  as  the  others,  reciprocal  rights
aud  obl  gations,  which  must  all  be  taken  within  their  scope  and  in  their  totality, ­
  as  being  part  of  an  indivisible  whole.  To  modify  some  of  them  without  adapting
  the  others,  to  relieve  some  without  relieving  the  others,  is  both  unlawful ­
  and  unjust.
To  be  able  to  explain  as  clearly  as  possible  the  situation  created  for  Roumania
  in  the  matter  of  reparations,  we  must  examine  the  c'aims  and  the  obligations ­
  of  the  Roumanian  State  deriving  from  each  treaty  indiviiually,
showing  also  their  meaning  and  the  modifications  introduced  on  their
application.

SECTION  I
Treaty  concluded  with  Germany.
Treaty  of  Versailles  of  June  28">  1919.
The  first  Treaty  which  was  concluded  and  ratified  was  the  Treaty  of
Versailles,  signed  on  June  28  th  1919,  (Annex  27)  a  Treaty  which  as  concerns
Roumania,  comes  into  effect  on  September  20  th  1920,  while  the  delays  determined ­
  therein  begin  from  January  10  1920.
This  Treaty  puts  forth  the  principle  of  the  responsibility  of  Germany  and
her  allies,  for  all  the  losses  and  all  the  damages,  suffered  by  the  allied  and  associated ­
  States,  and  by  their  subjects  by  reason  of  the  war.  (Article  23i).
Nevertheless  considering  that  Germany’s  means  are"  not  sufficient  for  assuring ­
  completely  the  reparation  of  all  the  losses  and  damages  suffered,  the
Treaty  of  Versailles  obliges  Germany  to  repair  only  the  damages  caused  to
property  and  to  persons,  such  as  they  are  specified  in  annex  I  of  part  VIII.
(Article  232).
But  a  special  privilege  is  created  for  Belgium,  to  be  reimbursed  lor  all  the
loans  accorded  by  the  allies  till  November  ll1918.
At  the  same  time  it  is  provided  that  the  totality  of  the  damages  which
fall  to  the  charge  of  Germany  for  reparations,  shall  be  determined  by  the  Commission ­
  of  Reparations,  constituted  in  the  shape  and  having  the  powers  specified ­
  in  annexes  No.  II-VII  of  Part  VIII.
The  Commission  of  Reparations  must  notify  to  Germany  by  May  I-st  1921,
a  list  representing  the  aggregate  of  the  liabilities  for  reparations  which  Germany
must  pay  in  a  delay  of  30  years,  beginning  on  May  I-st  1921,  at  the
dates,  and  in  the  manner  determined  by  the  Commission  of  reparations
(Article  233 j.
The  Treaty  determines  clauses  respecting  Germany’s  various  obligations
of  payment,  so  as  to  enable  the  allied  and  associated  Powers  to  undertake  the
restoring  of  their  industrial  and  economical  life,  before  the  final  determination
of  the  claims.
Germany  is  obliged  to  pay,  for  this  object  during  the  years  1919  and  1920,