Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1919-07-21

priority. the costs of the armies OF
occupation, reparations and other
charges specifically agreed to and
with certain exceptions, as granted
by the reparation commission for
payments for imports. Austria must
pay the total cost of the armies OF
occupation from the armistice of
November 3, 1918, so long as main
tanned. and may export no gold be-
fore May 1. 1921, without consent
of the reparation commission.
New States Must Pay
Each of the states to which Aus
trian territory is transferred and
each of the states arising out of the
dismemberment' of Austria, includ-
ing the republic of Austria. shall as
sumo part of the Austrian pre-war
debt specifically secured on railways,
salt mines and other property, the
tion commission on the basis of the
value of the property so transferred.
Similarly, the unsecured bonded pre-
war debt of the former empire shall
be distributed by the reparation
commission in the proportion that
the revenues for the three years be-
fore the war of the separated terri
tory bore to those of the empire, eX-
cluding Bosnia and Herzegovina.
No territory formerly part of the
empire, except the republic of Aus
tria, shall carry with it any obliga-
tion in respect of the war debt of
the former Austrian government; but
neither the governments of those
territories nor their nationals shall
have recourse against any otherstate.
including Austria, in respect of war
debt bonds held within their respec-
tive territories by themselves or their
nationals.
The war debt held outside the
former empire shall be a charge on
the republic of Austria alone. All
war securities shall be stamped with
in two months with the stamp of the
state taking them up, replaced by
certificates and settlement to the re-
paration commission.
The currency notes of the former
Austro-H Hungarian bank circulating
in the separated territory shall be
stamped within two months by the
new governments of the various ter
ritories with their own stamp, re-
placed within twelve months by a
new currency, and turned over with
in fourteen months to the reparation
commission. The bank itself shall
be liquidated as from the day after
the signature of the Treaty by the
reparation commission.
States to which Austrian territory
was transferred and states arising
-, /,
shall acquired all property within
their territories of the old or new
governments. including that of the
former royal family. The value is
to be assessed by the reparation COM
mission and credited to Austria on
the reparation account.
Property of predominant historic
interest to the former kingdoms of
Poland, Bohemia, Croatia, Slavonia,
Dalmatia, Bosnia, Herzegovina the
Republic of Ragusa, the Venetian
Republic, or the Episcopal princi-
palities of Trent and Bressanone may
be transferred without payment.
Austria renounces all rights as to
all international, financial or COM
mercial organization in Allied coun-
tries, Germany, Hungary, Bulgaria,
Turkey or the former Russian en-
pire. She agrees to appropriate on
demand of the reparation commits
sion, any rights of her nationals in
any public utility or concession in
these territories, in separated dis
tricts and in mandatory territories.
to transfer them to the commission
within six months and to hold her
self responsible for indemnifying her
nationals so dispossessed.
She also agrees to deliver within
one month the gold deposited as Sc
curity for the Ottoman debt. re-
nounce any benefits accruing from
the treaties of Bucharest and Brest-
Litovsk, and transfer to, the Allied
and associated governments all
claims against her former allies.
Any financial adjustments, such as
those relating to banking and insur-
ance companies, saving banks. pos
tai savings banks, land banks or
mortgage companies in the former
monarchy necessitated by the dis
memberment of the monarchy and
the re-settlement of public debts and
currency shall be regulated by agree
ment between the various govern
ments, failing which. the reparation
commission shall appoint an arbi-
TRAITOR or arbitrators, whose decision
shall be final.
Austria shall not be responsible
for pensions of nationals of the
former empire who have become
nationals of other states.