The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1919-05-08

except that unamimity Is required On
questions involving tho sovereignty or
! any of tn. allies. IN" cancellation Of all
or part IF ,"rmanys obligations. The
time and manner of selling. distribute
ing and negotiating bonds issued ny
! Germany and rostponrm"nt between
nineteen twenty one and nineteen iwn-
ty-six of annual payments between
nnnt"rn hundred thirty any postpone
m"nt after nineteen hundred twcniy-$lN
| fer 4 prriod Of more than three years
! the application of IA different mrth"d or
| measuring damage than in similar
| fcrunr case and IN" Interpretation OF
provisions. Withdrawal from represent
! tatinn is permitted Of lively" months
i notice.
! Tho commission may require Germany
| 10 give from time 10 time by way OF
Guaranty. issues of bends or other OBJ
/ legations to cover such claims as are
| rot otherwise satisfied. In this connec-
ton and on account of Germany IN
| acknowlcdg mcnt of its debt as follows;
One thousand million pounds ster-
! ling payable not later than May l,
1921. without interest: two Thousand
million pounds sterling bearing ~ per
cent interest. between 1871 and lS-b,
and thereafter > per cent with Il l per
cen, sinking fund. payment beginning
in 1926. and an undertaking TO deliver
bonds To an additional amount of tw@
thousand million prunds sterling bc;r-
ing interest ut pcr cent.
Under terms IL be fixed by the COM
mission. interest on GHrmany's debt Will
be s per cent. unless otherwise deter
mined by the commission in the future.
and Payments that are not MADE III
gold may be accepted by the commas
sion in the form OF properties. COM
nlodilics. business and rights couceS-
Sions etcctcra Certificates of beneficial
interest. representing either bonds CT
goods delivered by Germany. may be 49,
sued by the commission to the interest
ed powers AS bonds are distributed
and pass from the control Of the com
mission. an amount Of Gcrmany's debt
equivalent 10 their par value is 10 be
considered as liQuidatcd. ctcctera.
Shipping:
The German government recognizes
the right of the allies to the replace
nent, ton for ton and class for class. or
all merchant SHIPS and lishing boats lost
or damaged owing to the war ana
agrees TO ccdc TO the allies all German
| merchant ships Of sixteen hundred tons
gross and upwards; one half of her ship
between sixteen hundred and one thouS-
and tons gross and one quarter of her
| steam trawIcrs and other fishing boats
| These ships arc TO be delivered WITHIN
| two months TO the reparaticn committee
together with documents of TIT" owl
dcncing the transfer Of the ships free
| from cncumbrance.
the German government further agrees
to build merchant ships for the account
OF the allies to the amount of not ex-
cecdins two hundred thousand tons
gross annually during the next five
years. All ships used for inland nafl-
cation taken BY Germany from the allies
arc 10 be restored within two months.
the amount of loss not covered by such
restitution to be made up by the ccssion
Of the German river fleet UP to twenty
percent thereof.
In order. to effect payment BY dcllV-
cries in kind, Germany is required. lot
"a limited number Of years. varying IN
the case Of each to deliver coal, coal tar
products. die stun and chemical drugs
in specific amounts to the Teparahons
commission The commit sson may SO
modify the conditions OF delivery, as
not TO interfere unduly with Gcrmauy's
Industrial requirements. The dehNerE
Of coal arc based largely upon the pr1n-
cialc of making good dimtnutfons IN Inc
production Of the allied countries re-
sulttng from the wnr.
Devasted Areas:
Germany undertakes to devote her
economic resources directly 70 the
physical restoration Of the lnVeaeo
areas The reparation COMMISSION is
authorized to require Germany 10 re-
place the destroyed articles by the oc-
livery of animals. machinery. e1cetcTSA
existing IN Germany and to ma1iutac'nre
materials required for reconstruction
purposes: an with due consideration TOT
G,rnanys essential domestic require
neuts-
Germany n to restore within six
months the Korean Of the Caliph 9th
man. formerly at Medina to the King
Of the Hedjaz and the skull Of tho Sui
tan Okwawa, formerly In German East
Africa 70 his Brita1lnlc majcsty's gov
ernmcnt. The German government Is
also to restore to the French govern
ment certain papers taken by tho Ger
man authorities in eighteen seventy, be-
longing then to NJ. Rsuhr. and to restore
the French flags taken during tho war Of
eighteen seventy and eighteen seventy
oD-
finances
Powers to which German territory Is
coded will assume 4 certain portion or
the German prc-war debt, TIC amount 10
be fixed by the reqaratons commission
on the basis Of the ratio between the
revnnuc and of the cdd trritory and
Grmary.s total revenues for tho three
years preceding tho war In view. how
ever. OF the special circumstances I'M
der which Alsnct-Lorrainc WIS scpar-
atcd from France in eighteen. seventy
one. when Germany refused TO accept
any part OF the French public debt
France will not assume any part or
Gcrn1any's pre-war debt there. nor Will
Poland share in certain German debts
incurred for the oppression OF Poland.
II the value Of the German public prop
esty in coded territory exceeds tho
amount Of debt assumed. the states to
which property ceded give credit on rep
aration for the excess. with Iho cSccp-
ton of Atsace-Eorratne. Mandatory
popers will not assume any German
debts or give any credit for German
government property. Germany ro-
nounces an right OF representation on
HFInY esesiT