FURTHER DETAILS. "LONDON, May 7. The following are further particulars «f the Peace Treaty:— SECTION NINE.—FINANCE. The Powers to which the German territory is ceded, will assume a certain portion of the German pre-war debt, the amount to be fixed by the Reparation Commission on the basis of ratio between the revenues of the ceded territory and Germany's total revenues for the three years preceding the war. In view of the special circumstances under which Alsace-Lor-raine was separated from Fiance in IH7I when Germany. refused to accept auy part of the French public debt, ia-unee will, not assume any part of Germany's pre-war • debt,. noi' will lo.lanci. share in,certain German debts, incurred, for tKe.oppression of Poland, liie value of German. Government..property in. the ceded territory will-iu, general be credited to Germany ac-| count of reparation, but no credit will be «iven for -,any German Government, property in, Alsace-Lorraine. The man-j datory 'Powers will not assume any German debts, nor give any credits tor German Government |roperty. Germany renounces all right of re? presentation on, or control of, State ■. oanks, commissions, or other similar j ■international huancial and economic, organisations. Germany is required to pay the total cost of the Armies of Occupation, from, the date of the arjnistice, as.loiig as they are maintained in German territory, and this cost is to be the first charge on her resources. The cost of reparation is the next charge, after making such provi-; sion for payments for imports as the Allies may deem necessary. r Germany is to deliver to the Allied Powers all suma deposited in Germany by Turkey and _ Austria-Hungary m connection with, financial support extended by her to them, during the war, and to transfer to the Allies_ail olaims against Austria-Hungary, Bulgaria or Turkey,, in connection with i agreements madev during the war. j Germany confirms the renunciation of • the treaties of Bucharest' and BrestLitovsk. ' / '. «' I On request, of this Reparation Com- i mission, Germany will expropriate any 1 ' rights or interest of her nationals m i public utilities in the ceded territories,, < or those administered by mandatories, ,< and Turkey, China, Russia, Austria- : 1 Hungary, and Bulgaria, and transfer. j ihem to' the Reparation Commission,! i which will credit her with their value aiid Germany guarantees to repay to Brazil a fund arising from the sale of fciao Paulo coffee which she to allow Brazil to> withdraw from G«r- .' many.
Permanent link to this item
PEACE TREATY, Ashburton Guardian, Volume XXXIX, Issue 9606, 10 May 1919
PEACE TREATY Ashburton Guardian, Volume XXXIX, Issue 9606, 10 May 1919
Using This Item
See our copyright guide for information on how you may use this title.