will be obliged for many years to make sacrifices out of her own resources, 
width she might have turned to another destination and to make supplementary, 
efforts. 
The railway lines in the freed territories for which she has to pay heavy 
debts by assuming the Austrian and Hungarian public debt can only be put 
economically to use afer new and important investments for these lines to be 
united to the lines of the former territory in order to go towords their na 
tural outlets. 
I he organisation of her Jluvial and more especially of her maritime ports 
will necessitate great expenses before they are in a state to suffice for the traffic 
which will necessarly be opened by a free and international regime of the Da 
nube and the granting ol the mouths of this river to its natural hinterland. 
she present system of Roumanian railways consists in four different bran 
ches formed by the lines of the former States which included provinces which 
are now freed. 
The Hungarian lines in Transilvania going towards Pest and Fiume, the 
Austrian lines in Bucovina going towards Lemberg and Vienna, the Russian lines 
in Bessarabia going towards Odessa and Kiew must all be connected with the 
lines of the lormer territories which are the only ones leading to a normal outlet 
namely the Danube and tho Black Sea as well as with the new frontiers of 
the neighbouring States established by the late war. 
In regard to this we can give as an example the situation in the north of 
Transilvania where the railway connection between the towns is made by cros 
sing the Tcheco Slovak territoires, situation that cannot be admitted any lon 
ger, and for the remedy of which great expenses are necessary. 
For the complete unification of the lines we will have to build at least 
2.000 km. of new lines. 
Economical and Financial Institutions which had their basis in the com 
plex relations in the capitals of Hungary and Austria can no longer be of any 
use in the new situation unless they are connected with the natural econo 
mical financial lines. 
Besides her political economical and financial development Roumania 
must also think of the development of intelectual culture she must make great 
efforts and as speedily as possible for the intellectual progress not to feel too much 
the lost time during the foreign occupation which prevented a larger mass of 
the population from developing itself according to its aspirations. 
Institutions of Roumanian culture, of course must be created in proportion 
with the present situation of the Roumanian population which will necessitate 
new charges over and above the heavy burden which we inherited of keeping 
up the institutions we found and which had profited to the former masters. 
For instance in Transilvania the Roumanian population which was over 
3.500.000 only had three upper schools whereas the German minoritary po 
pulation had nineteen, and the Hungarian population had 50 big schools 
for a nunber of 1.300.000 inhabitants.