63 
The consequences of not coordinating these claims and obligations will 
have a very serious effect on the economical and financial reconstruction of the 
allied States. And then can we take any account of the economical and finan 
cial reconstruction of our former enemies, without applying the same regime 
to the allied States? 
Taking into account all these considerations, the Roumanian Government 
demanded strenuously that the obligations imposed on us by the treaties ot peace 
should be enforced within the same limits as the obligations imposed upon our 
former enemies. The contrary would mean that part of the obligations owed by 
our former enemies are to be covered and born by anticipation by the allied 
States. 
Roumania thinks that similarly to the coordination of her obligations and 
claims, the enforcement of the reparations due by Austria-Hungary and Bul 
garia should be submitted to a similar regime to the one applied to Germany by 
Dawe’s plan. Her claims being determined and enforced in this manner, Rou 
mania would be able to proceed to the determination and the carrying out of 
her obligations. 
We have given above the balance of the reparations such as it appears for 
Roumania, immediattely after the determination of the Spa quota, we will show 
further down what modifications ought to be brought to it after the different 
steps taken for proceeding to the application of the treaties. 
L 
Roumania’s claims 
1) According to art. 7 par. b of the Paris agreement of January 14"' 1925 a 
quota of 1.1°/, out of Germania’s reparations. 
Taking into consideration the payments imposed on Germany by Dawe’s 
plan, and the expenses of the occupation, control etc. Roumania’s share till 
1928 (besides priorities will be about 7.260 million marks gold 
From 1928 when Germany will enter the normal period of her payments. 
Roumania will be able to recover yearly a sum of about 22 million marks gold 
Therefore the Roumanian State will obtain out. of the 5 fear's payments pro 
vided in Dawe’s plan about 51 million marks gold. 
In the hypothesis officiously put forward of the allies claims against Ger 
many being reduced by Dawe’s plan to o2 milliards ot marks gold, Roumania s 
share would be 572 million marks gold. 
2) According to article 7 § B, of the Paris agreement of January 14 th 1925 
Roumania had a quota fixed for her ol 1.1 /<» out ot the first half of the lepara- 
tions of Hungary, Austria and Bulgaria, and 20 n /« out of the second half, that