Full text: The reparation problem, 1918-1924

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on April 9, 1924, by the first committee of experts appointed by the com- 
fon (which plan is referred to in this agreement as the experts’ plan) and 
icilitating the working of the experts’ plan by putting into operation such 
tional arrangements as may hereafter be made between the German Gov- 
“lent and the Allied Governments at the conference now being held in 
lon, in so far as the same may lie within the respective spheres of action 
fe Reparation Commission and the German Government ; 
«d the Reparation Commission, acting in virtue not only of the powers con- 
d upon it by the said treaty but also of the authority given to it by the 
a Governments represented at the said conference in respect of all pay- 
5 by Germany dealt with in the experts’ plan, but not comprised in Part 
of the said treaty, hereby agree as follows: . 
The German Government undertakes to take all appropriate measures for 
ing into effect the experts’ plan and for ensuring its permanent operation, 
in particular— . 
b It will take all measures necessary with a view to the promulgation and 
cement of the laws and regulations required for that purpose ( specially 
aws on the bank, the German railways, and the industrial debentures) in 
orm approved by the Reparation Commission. 
} It will apply the provisions contained in Abnex T hereto as to the con- 
»f the revenues assigned as security for the annuities under the experts 
and other matters, 
The Reparation Commission undertakes on its side to take all appro- 
> measures for carrying into effect the experts’ plan and for ensuring its 
anent operation, and in particular— . 
+ For facilitating the issue of the German loan contemplated in the 
‘ts’ plan. 
- For making all financial and accounting adjustments necessary to give 
Htect to the experts’ plan. 
» The Reparation Commission and the German Government agree— 
! To carry into effect in so far as the same may lie within their respective 
‘es of action such additional arrangements as may hereafter he made 
ben the German Government and the Allied Governments at the said 
rence now being held in London, including any provisions which may be 
reed for carrying into effect the experts’ plan or for the introduction 
Mifications of detail in the working of the said plan. The said additional 
igements when concluded shall be added in the form of a second schedule 
Is document and shall be. identified by the signatures of two members of 
ieparation Commission on hehalf of that body and of two duly authorized 
sentatives of the (jerman Government. L 
Any dispute which may arise between the Reparation Commission and 
terman Government with regard to the interpretaton either of the present 
ment and its schedules or of the experts’ plan or of the German legisia- 
enacted in execution of that plan, shall he submitted vo arbitration in 
dance with the methods to he fixed and subject to the conditions to be 
mined by the London conference for questions of the interpretation of 
{perts’ plan. . I. 
S Tie shall be without prejudice to the arbitration clauses included 
* experts’ plan or in the said German legislation or in any of the annexes 
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Toe no agreement shall be reached at the London conference Coc 20% 1h 
1 1 Governments and the German Government for the purpose of carrying 
1 fect the experts’ plan, this agreement shall be void. 
* ned for the Reparation Commission : 
Lotis BarrHou. 
JOHN BRADBURY. 
gr SaLvaco Racer 
1 LEON DELACROIX. 
ged for the German Government: 
Maxx. 
(DON, August 9, 192}. 
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