Proof That Gold In Germany Actually Works
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작성자 Wilhelmina 작성일 24-12-19 21:01 조회 46 댓글 0본문
The fee for such supplies of food and raw material for Germany and such different payments as may be judged by the Allied and Associated Powers to be essential to allow Germany to fulfill her obligations in respect of reparation could have precedence to the extent and upon the circumstances which have been or may be determined by the Governments of the said 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 materials. 3) Germany undertakes to deliver, inside one month from the coming into force 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 price 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 inside one month from the date of the coming into power of the current Treaty, to such authority as the Principal Allied and Associated Powers could designate, the sum in gold which was to be deposited within the Reichsbank in the identify of the Council of the Administration of the Ottoman Public Debt as safety for the first issue of Turkish Government currency notes.
The fitting of each of the Allied and Associated Powers to dispose of enemy belongings and property inside its jurisdiction on the date of the approaching into force of the current Treaty just 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 opposite provisions of the current Treaty, the Reparation Commission might within one 12 months from the approaching into power 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 working in Russia, China, Turkey, Austria, Hungary and Bulgaria, or in the possessions or dependencies of those 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 below the current Treaty, and will require that the German Government transfer, within six months of the date of demand, all such rights and pursuits and any similar rights and pursuits the German Government might itself possess to the Reparation Commission. Such technique could take the form, inter alia, of the assumption by the facility 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 might should cost or repayment by the Governments of Austria, Hungary, Bulgaria or gold price today Turkey, and, particularly, any claims which may arise, now or hereafter, from the fulfilment of undertakings made by Germany throughout the struggle to these Governments. Apart from the U.S.A., all of the Allied governments had been bankrupt and carried unpayable debts; all of Europe was devastated and incapable of feeding itself let alone reconstructing. Enterprises, namely, that are carried on by non-public entrepreneurs by using capital (money or goods with a cash worth) to make a profit, purchasing the means of manufacturing and selling the product, i.e. undoubted capitalistic enterprises, could at the same time have a traditionalistic character. § 2. The substitution of gold as an alternative of silver in a rustic like Germany which had a single silver medium was carried out by a path which led first to non permanent bimetallism and later to gold monometallism.
Subject to such exceptions as the Reparation Commission might approve, a primary cost upon all the property and revenues of the German Empire and its constituent States shall be the price of reparation and all different costs arising below the current Treaty or any treaties or agreements supplementary thereto or underneath arrangements concluded between Germany and the Allied and Associated Powers in the course of the Armistice or its extensions. Germany shall be liable 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 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 pressure of the present Treaty, talk to the Reparation Commission all such rights and pursuits, whether or not 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 pursuits which have not been so communicated.
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