Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-07-21
(By Morning Journal Special Leased wire)


of the Austrian army must be re-
duCed according to detailed schedules.
and all surplus surrendered The
manufacture Of all artillery shall be
confined to one single factory under
the control of this state. and other
such establishments shall be closed
down or converted. Importation and
expectation of arms munitions and
war materials of all kind is forbidden,
Must Accept Responsibility.
Paragraph eight -- reparation--the
allied and associated governments ar
firm, and Austria accepts the re.
sponsbility of Austria and her allies
for causing loss and damage to which
the allied and associated governments
as their nationals have heen subjected
to "a consequence Of the war im-
posed upon them by the aggression of
Austria and her allies.
While recognizing that Austria's
resources will not be adequate to
make complete reparation, the allied
and associated governments request
and Austria undertakes that she will
make compensation for damage done
to civilians and their property. in ac-
cordance with categories Of damages
similar to those provided
The amount of damage is to be de-
termined by the reparations commits
sion provided for in the treaty with
Germany. which is to have a special
section to handle the Austrial situa-
ton. The commission will notify
Austria before May /. 1921. of the ex-
tent of her liabilities and Of the sched-
ule of payments for the discharge
thereof during a period of thirty
years.
Provides Bond Issues.
As immediate reparaton Austria
shall pay during 1919. 1920 and the
first four months Of 1921. in such u
manner as provided by the repara-
tons commission, "a reasonable sum
which shall be determined by the
commission"
Three bond issues shall be made,
the first before May /. 1921, without
interest, the second at 2la per cent
interest between 1921 and 1926. and
thereafter at 3 per cent with an ad-
dtiOnal | per cent for amortization,
beginning in 1926. and third at 5
per cent when the commission IS sat
flied that Austria can meet the in
terest and sinking fund obligations.
The amount shall he divided by the
allied and associated governments in
proportions determined upon in adj
vance on basis of general equity.
Rcparaion Committee.
The Austrian section of the repara-
tons committee shall include repre-
Britain, France, Italy, Greece. Po-
land, Ruman!a, the Serbo- -Slovene
tate and CZecho-Slovakia
Austria, recognizing the right of the
allies to ton-for-ton replacement of
all ships lost of damaged in the war;
cedos all merchant ships and fishing
boats belonging to nationals of the
former empire. agreeing to deliver
them within two months to the repa-
rations commission. With a view to
making good the losses in river tom
mage, she agrees to deliver UP 20 per
cent of her river fleet.
Rcparation Requirements Drastic.
The allied and associated powers re-
quire, md Austria undertakes, that in
part reparaton she will devote her
economic resources to the physical
restoration of the invaded areas.
Within sixty days of the coming into
force of the treaty. the governments
concerned shall file with the repara-
tions commission lists of animals,
machinery. equipment and the like
destroyed by Austria and which the
governments desire replaced in kind,
and lists of the materials which they
desire produced in Austria for the
work of reconstruction.
As an Immediate advance Austria
agrees to deliver within three months
after ratification of the treaty, 1000
milch cows to Italy and 1000 each
to Serbia and Rumania; 1000 heifers
to Italy. 500 to Serbia and 500 to
Rumania; fiftyg bulls TO Italy and
twenty-five each to Serbia and Ru-
mania; 1000 calves 10 each of the
three nations; 1000 bullocks to Italy
and 500 each to Serbia and Rumania;
1000 sows to Italy and 1000 draft
horses and 1000 sheep 10 both Serlka
and Rumania
Timber and Minerals.
Austria also agI ees to give an option
for five years as to timber, iron and
magnesite in amounts as nearly equal
to the pre-war importations as
Austria's resources make possible. She
renounees IN favor of Italy all cables
touching territories assigned to Italy,
tContlnued on Page Two.)