52 
Houmania carried out her obligation of changing the kronen, at the same 
time as the operation of changing the notes issued by the German army of oc 
cupation, whereon likewise ensued a suplimentary issue of 1.463 million lei, the 
security for which is still in the hands of Germany, and also changed the rou 
bles found in Bessarabia amounting to 1.208 million, the security for which is 
completely missing, till some arrangement is arrived at with Russia. 
II 
Liberation quota 
The liberation quota is a contribution imposed on the succeeding States of 
the former Austro-Hungarian Monarchy in the interest of the common mass. 
We have mentioned the contributions and the sacrifices made by Roumania for 
the freedom of her national territories, so that the creation of a fresh contri 
bution under the name of a liberation quota »can only appear as an injustice, 
following on a war waged for the triumph of liberty and justice. 
In the same way we must not forget, that at the time when this contri 
bution was imposed on Roumania, it was considered that the liberation quota 
would be levies out of the active balance of the reparations, and not out of 
today’s passive balance produced by the manner the treaties have been applied. 
The liberation quota is an obligation of a quite exceptional nature, stipu 
lated outside the treaties, at the time the treaty of Saint Germain with Austria 
was signed at a time when the fundamental principle of the trea 
ties—(obligation of the enemy to repair all Rosses integrally) had not yet suffered 
any modification. 
This obligation is inscribed in the arrangement of September 10 lh 1919, 
entitled „Arrangement concerning the contribution to the expenses for the li 
beration of the territories of the former Austro-Hungarian Monarchy", with the 
modificatory declaration of December 8 1,1 1919, accepted by Roumania on De 
cember 9 lh 1919 (Annexes 63, 64, 65, 67). 
By this arrangement Poland, Boumania, the Serbo-Croato-Sloven State and 
the Tcheko-Slovak State, are obliged to pay under the title of a contribution 
towards the charges and the expenses incurred for the freeing of their terri 
tories a sum up to I'/g milliard francs gold. This sum must be distributed 
amongst the above mentioned States, in conformity with the norms of distri 
bution of the Austro-Hungarian public debt, but with the observation that the 
share of Tcheko-Slovakia is not to exceed 750 million francs gold. 
By a separate arrangement also of September 10 1,1 1919 with the modi 
ficatory declaration of December 8 lh 1919 a special treatment was provided fur 
Italy (Annex 65, 67). 
The Commission of Reparations in carrying out these arrangements, by a 
decision in its sitting of November 4 th 1924, fixed the contribution of each 
State towards this liberation quota as follows :