29
4) The Roumanian Treasure, which was deposited in Moskow. al the demand
otthe allies and under their guard.
r l lie elective gold alone in national and foreign coin, belonging to the National
Bank of Ronmania, represents a value ok 314.580.456 lei in gold destined,
as security for its notes issue, and if we add the value of the other deposits
belonging to the Bank, to the Deposits Bank, to the private Banks, the Roumanian
Crown jewels, the private jewels, public and private art collections, private
property etc. the value exceds 7.5 milliards (Annex 15).
The gold of the National Bank with all the other deposits was entrusted into
the keeping of the Russian allied State, upon the advice of our allies, and its detention,
or eventually making use of it, is an act which can find no justification.
At the International economical Conference which took place in April-Ma)
1922 in Genoa, our right to the restitution of. this treasure, was recognized by
the insertion of clause 13, in the proposals handed to the Russian delegation on
May 2 nd 1922. (Annex 16).
III.
APPLICATION OF THE PROVISIONS OF THE TREATY OF VERSAILLES
AS REGARDS ROUMANTA
Under the Treaties, the distribution of the reparations should have been
operated in the following manner. '
The Commision of Reparations as mandatary of the allied Powers, should
have determined the total of Germany’s debt for reparatmns, and after that
should have shared between the allies, according to the equity and the rights
of each, fixing the delays and the modes of payment for Germany.
This principle of equity, without any difference of rank, between the allies
great and small, appears expressly written out in article 337 of the Treaty of
Versailles (annex 27), in art. 183 of the Treaty of St. Germain (annex 29), m
article 167 of the Treaty of Trianon (annex 32), and in article 121 ot the
Treaty of Neuilly (annex 36), a principle which is recorded and provided
in the Convention of August 17‘" 1916, concluded between Roumama and the
allies just before she entered the war (annex 7).
Expressly and solemnly mentioned in the Treaties, this principle was soon
set aside, as by the Spa agreement signed on July 16"' 1920 (annex 47). the
Governments of Belgium, France, Great Britain, Italy, Japan, Portugal, am
without the allied States being present, although they refer to article 237 of
the Treaty of Versailles, decide that the sums received for reparations will be
shared in the following manner.
The British Empire
France
Italy
Belgium . . . .
Japan
Portugal . . .
22°/o
52°/o
100/0
8°/o
0.750/o
0.750/ 0
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