9

H.—25

Statement op Amounts held under the War Regulations and the Treaty oe Peace Order, 1920. 25. The balances held in pursuance of the War Regulations and the Treaty of Peace Order, 1920, as at the 31st March, 1925, have been summarized under the following headings : —• Credit. Balances : — (1.) Net proceeds of German property retained and liquidated £ a. d. £ s. d, in New Zealand and credited to Germany in accordance with Article 297 of the Treaty of Versailles (see paras. 9-10, supra) .. .. .. .. 184,578 17 0 (2.) Sundry credit balances awaiting transfer to the German Liquidation Account, or rele se,vide paras. 11-12 supra 79,957 3 4 (3.) Net proceeds of Austrian property retained and liquidated in New Zealand and credited to Austria, in accordance with Article 249 of the Treaty of St. Germain-en-Laye .. .. . . .. 918 0 10 (4.) Credit balances awaiting transfer to the Austrian Liquidation Account .. . . .. .. 489 1 10 (5.) Sundry amounts held pending production of satisfactory evidence of non-enemy ownership . . .. 41 12 0 It is probable that these amounts will be released at an early date. (6.) Amounts held awaiting admission under Article 296 of the Treaty of Versailles .. .. .. .. 389 16 5 These amounts will be included in the next admis-sion-sheets forwarded to the German Clearing Office. (7.) Sundry sums the disposal of which cannot at present be definitely determined . . .. .. .. 725 5 1 Inquiries to ascertain further particulars in regard to each case have been instituted. (8.) Accommodation interest charged by the Custodian of Enemy Property against debtors who were granted extensions of time for payment of amounts payable to the Custodian in pursuance of the War Regulations . . . . .. .. .. .. 498 15 5 (9.) Difference between sundry credit and debit balances in accounts relative to transactions under Article 296 of the Treaty of Versailles .. .. .. 3,231 14 6 270,830 6 5 Debit Balances : — (10.) Advertising, printing, stationery, sundry expenses .. 3,716 111 (11.) Commission charged by the Controller on amounts collected from New Zealand debtors and credited in full to the German Clearing Office in accordance with the provisions of the Treaty of Versailles .. .. 472 5 9 (12.) Bad Debts Account, being claims established by German nationals against New Zealand nationals or firms and credited to the German Clearing Office in accordance with the provisions of the Treaty, but which amounts cannot be recovered owing to the insolvency or disappearance of the debtors .. . . . . 739 17 5 (13.) Sundry debit balances representing claims admitted to the German Clearing Office in certain cases where the debtors have been unable to make immediate settlement of the amounts due but are paying by instalments .. . . .. .. . . .. 276 4 3 The collection of these balances is receiving careful attention in order to prevent or minimize any loss to New Zealand funds. (14.) (a.) Claims paid in respect of the proceeds of British property liqui- £ s. d. dated in Germany .. .. 17,625 11 1 (6.) Payments on account of compensation awarded by the Anglo-German Mixed Arbitral Tribunal in respect of British property liquidated in Germany .. .. .. 1,675 2 3 19,300 13 4 24,505 2 8 Balance, being net amount held by Public Trustee in his capacity as Custodian of Enemy Property and Controller of the New Zealand Clearing Office and held in the Common Fund of the Public Trust Office .. .. .. .. £24-6,325 3 9

2—H. 25.