Proof That Gold In Germany Actually Works > 자유게시판

The fee for such supplies of meals and uncooked materials for Germany and such other funds as may be judged by the Allied and Associated Powers to be essential to allow Germany to satisfy her obligations in respect of reparation could have precedence to the extent and upon the circumstances which have been or may be decided by the Governments of the stated Powers. Germany confirms the surrender of all material handed over to the Allied and Associated Powers in accordance with the Armistice of November 11, 1918, and subsequent Armistice Agreements, and acknowledges the title of the Allied and Associated Powers to such material. 3) Germany undertakes to deliver, inside one month from the approaching into power of the present Treaty, to such authority because the Principal Allied and Associated Powers might designate, the gold price now deposit constituted within the Reichsbank or elsewhere, representing the residue of the advance in gold agreed to on May 5, 1915, by the Council of the Administration of the Ottoman Public Debt to the Imperial Ottoman Government. 1) Germany agrees to deliver within one month from the date of the coming into force of the current Treaty, to such authority as the Principal Allied and Associated Powers might designate, the sum in gold which was to be deposited within the Reichsbank in the name of the Council of the Administration of the Ottoman Public Debt as security for the first subject of Turkish Government currency notes.

The right of every of the Allied and Associated Powers to dispose of enemy property and property within its jurisdiction at the date of the coming into force of the current Treaty will not be affected by the foregoing provisions. Without prejudice to the renunciation of any rights by Germany on behalf of herself or of her nationals in the opposite provisions of the current Treaty, the Reparation Commission may within one yr from the coming into power of the present Treaty demand that the German Government develop into possessed of any rights and interests of German nationals in any public utility enterprise or in any concession operating in Russia, China, Turkey, Austria, Hungary and Bulgaria, or in the possessions or dependencies of these States or in any territory previously belonging to Germany or her allies, to be ceded by Germany or her allies to any Power or to be administered by a Mandatory underneath the present Treaty, and will require that the German Government transfer, within six months of the date of demand, all such rights and pursuits and any comparable rights and pursuits the German Government may itself possess to the Reparation Commission. Such technique may take the kind, inter alia, of the assumption by the ability to which the territory is ceded of Germany's liability for the German debt held by her nationals.

Germany undertakes to switch to the Allied and Associated Powers any claims she may need to payment or repayment by the Governments of Austria, Hungary, Bulgaria or Turkey, and, in particular, any claims which may arise, now or hereafter, from the fulfilment of undertakings made by Germany during the warfare to those Governments. Other than the U.S.A., all the Allied governments have been bankrupt and carried unpayable debts; all of Europe was devastated and incapable of feeding itself let alone reconstructing. Enterprises, namely, which are carried on by private entrepreneurs by utilizing capital (cash or items with a cash worth) to make a revenue, purchasing the technique of production and promoting the product, i.e. undoubted capitalistic enterprises, may at the identical time have a traditionalistic character. § 2. The substitution of gold as an alternative of silver in a country like Germany which had a single silver medium was carried out by a path which led first to non permanent bimetallism and later to usd gold price monometallism.

Subject to such exceptions as the Reparation Commission may approve, a primary charge upon all of the property and revenues of the German Empire and its constituent States shall be the price of reparation and all other costs arising below the present Treaty or any treaties or agreements supplementary thereto or underneath arrangements concluded between Germany and the Allied and Associated Powers during the Armistice or its extensions. Germany shall be chargeable for indemnifying her nationals so dispossessed, and the Reparation Commission shall credit score Germany, on account of sums due for reparation, with such sums in respect of the worth of the transferred rights and pursuits as could also be assessed by the Reparation Commission, and the German Government shall within six months from the approaching into drive of the present Treaty, talk to the Reparation Commission all such rights and interests, whether already granted, contingent or not but exercised, and shall renounce on behalf of itself and its nationals in favour of the Allied and Associated Powers all such rights and interests which haven't been so communicated.

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