Proof That Gold In Germany Really Works > 자유게시판

The payment for such provides of food and raw material for Germany and such different funds as could also be judged by the Allied and Associated Powers to be important to allow Germany to meet her obligations in respect of reparation will have priority to the extent and upon the circumstances which have been or could also be decided by the Governments of the mentioned 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 recognizes the title of the Allied and Associated Powers to such materials. 3) Germany undertakes to ship, within one month from the approaching into drive of the present Treaty, to such authority because the Principal Allied and Associated Powers could designate, the gold 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 ship within one month from the date of the coming into power of the present Treaty, to such authority as the Principal Allied and Associated Powers may designate, the sum in usd gold price which was to be deposited within the Reichsbank in the title of the Council of the Administration of the Ottoman Public Debt as safety for the primary challenge of Turkish Government currency notes.

The precise of every of the Allied and Associated Powers to dispose of enemy belongings and property inside its jurisdiction at the date of the approaching into force of the current Treaty isn't 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 other provisions of the present Treaty, the Reparation Commission might inside one yr from the coming into force of the present Treaty demand that the German Government grow to be possessed of any rights and pursuits 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 those States or in any territory formerly belonging to Germany or her allies, to be ceded by Germany or her allies to any Power or to be administered by a Mandatory below the current Treaty, and may require that the German Government transfer, within six months of the date of demand, all such rights and interests and any related rights and interests the German Government might itself possess to the Reparation Commission. Such method might take the type, inter alia, of the assumption by the ability to which the territory is ceded of Germany's legal responsibility for the German debt held by her nationals.

Germany undertakes to switch to the Allied and Associated Powers any claims she could have to payment or repayment by the Governments of Austria, Hungary, Bulgaria or Turkey, and, specifically, any claims which can come up, now or hereafter, from the fulfilment of undertakings made by Germany through the battle to these Governments. Other than the U.S.A., all the Allied governments had been bankrupt and carried unpayable debts; all of Europe was devastated and incapable of feeding itself not to mention reconstructing. Enterprises, specifically, which are carried on by personal entrepreneurs by utilizing capital (money or goods with a cash worth) to make a revenue, buying the means of production and selling the product, i.e. undoubted capitalistic enterprises, may at the same 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 because the Reparation Commission may approve, a first cost upon all the property and revenues of the German Empire and its constituent States shall be the cost of reparation and all other costs arising under the current Treaty or any treaties or agreements supplementary thereto or under preparations concluded between Germany and the Allied and Associated Powers throughout the Armistice or its extensions. Germany shall be accountable for indemnifying her nationals so dispossessed, and the Reparation Commission shall credit Germany, on account of sums due for reparation, with such sums in respect of the value of the transferred rights and interests as could also be assessed by the Reparation Commission, and the German Government shall inside six months from the approaching into drive of the current Treaty, talk to the Reparation Commission all such rights and pursuits, whether or not already granted, contingent or not yet 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 have not been so communicated.

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