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Settlement of the Reparation Problem Report of the Committee of Experts*

Published online by Cambridge University Press:  04 May 2017

Abstract

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Type
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Copyright
Copyright © American Society of International Law 1930

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Footnotes

*

Report of the Committee of Experts constituted by the Geneva decision of Sept. 16, 1928. Commission des Reparations, XX, Paris, 1929; also British Command paper. No. 3343.

References

* See Agreement upon the transition period, Aug. 31, 1929, infra, p. 159.Google Scholar

See Financial agreement of Aug. 31, 1929, infra, p. 155.Google Scholar

1 Constant annuity 37 years corresponding to 1,988.8. Dawes Loan to be added.Google Scholar

1 Constant annuity 37 years corresponding to 1,988.8. Dawes Loan to be added.Google Scholar

* Increased to 612,000,000 Reichsmarks a year by Financial agreement of Aug. 31, 1929, infra, p. 155.Google Scholar

1 Attention is called to the letter from the President of the Reichsbank given in Annex II. [Infra, p. 127.]Google Scholar

* See Financial agreement, Aug. 31, 1929, infra, p. 155.Google Scholar

See Agreement upon costs of occupation, Aug. 31, 1929, infra, p. 160.Google Scholar

1 Greece, Portugal, Poland, Roumania, Serbia, Japan and the United States of America.

* The following statement was made public by the Hon. Henry L. Stimson Secretary of State of the United States, on May 16, 1929:

“ In respect to the statements which have appeared in the press in regard to the participation of any Federal Reserve officials in the creation ormanagement of the new proposed International Bank, I wish to make clear the position of this govemnment:

“While we look with interest and sympathy upon the efforts being made by the Committee of Experts to suggest a solution and a settlement of the vexing question of German reparations, this government does not desire to have any American official, directly or indirectly, participate in the collectionof German reparations through the agency of this bank or otherwise. Ever since the close of the war the American Government has consistently taken this position; it has never accepted membership on the Reparations Commission; it declined to join the Allied Powers in the confiscation of the sequestered German property and the application of that property to its war claims. The comparatively small sums which it receives under the Dawes Plan are applied solely to the settlement of the claims judicially ascertained by the Mixed Claims Commission (United States-Germany)in fulfillment of an agreement with Germany, and to the repayment of the expenses of the American Army of Occupation in Coblenz, which remainedin such occupation on the request of both the Allied nations and Germany. It does not now wish to take any step which would indicate a reversal of that attitude and for that reason it will not permit any officials of the Federal Reserve system either to themselves serve or to select American representatives as members of the proposed International Bank.”-Ed.

* See paragraph II of Agreement regarding deliveries in kind, Aug. 31,1929, infra, p. 156.Google Scholar

Modified by agreement of Aug. 31, 1929, infra, p. 157, paragraph 4.Google Scholar