The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1919-07-23

| salutes of the warriors
of the armies of occupation. repara-
tons and other charges. specifically
agreed to and with certain exceptions
as granted by the separations COM
mission for payment for imports. Aus
tria must pay the total cost Of the
| armies of occupation from the armis-
tice Of November s, 1918, so long as
maintained and may export no gold
before May ], 1921, without consent
If the reparations commission.
Each of the states TO which Aus
| trian territory is transferred and each
of the states arising out Of the dis
| memberment Of Austria, including the
republic of Austria, shall assume part
of the Austrian pre-war debt speclfl-
eally secured on railways. salt mines
and other property. the amount to be
! fixed By the reFarations commission
on tho basis Of the value Of the prop
erty so transferred. Similarly the un-
secured bonded pre-war debt Of the
former empire shall be distributed by
he reparatjons commission in the
proportion that the revenues for the
three years before the war of the
separated territory bore to those Of
the empire. excluding Bosnia and
Here govina.
Nc territory formerly part Of the
empire except the republic of Austria
shall carry with it any obligation in
respect Of the war debt of the former
Austrian government. but neither the.
governments Of those territories nor
their nations shall have recourse
against any other state, including
Austria in respect Of war debt bonds
held within their respective territories
by themselves or their nationals. /
The war debt he'd outside the for.
mer empire shall be a charge on tbs
republic of Austria alone. ALI wal
securities shall be stamped within two
months with the stamp Of the state
taking them up. replaced by certiii-
Gates and settlement made to th.
Teparaticns commission.
The currency notes Of the former
Austro- Hungarian bank circulating in
the separated territory shall be
Sldill.'Su hIllllIl IhO liOItlo liz
new governments Of the various ter
;'itorie' with their own stamp. re-
placed within II months BY q new cur
rency and turned over within ID
months to the reparations commission
The bank itself shall be liquidated as
from the day Of the treaty by the re-
para tions commission.
States to which Austrian territory
was transferred and states arising
from the dismemberment of Austria
shall acquire all property within their
territories of the old or new Austrian
governments including that Of the
former royal family. The value is to
lie assessed by the reparations COM
mission and credited to Austria on
hn reparation account
Property Of predominant historic
interest to the former kingd oms Of
Poland. Bohemia, Croetia, Slovonia.
Da]matia. Bosnia. Herzegovina. the
republic of Ragu3a: the Venetian re-
public or the Episcopal principalities
of Trent and Sressanonc may be
transferred without payment.
Austria rcnounces all rights as to
Ill international. financial or CONNER
cial organizations in allied countries
Germany. Hungary, Bulgaria. Turkey,
or the former Russian empire. She
agrees to appropriate on demand Of
the reparationS commission, any
rights Of her nationals in any public
utility or concession in these terri
tories. in separated districts and in
mandatory territories. to transte,
them to tn" commission within six
months TO hold herself responsible 70,
indemnifying her nations so dispos-
SeSSed
She also agrees to deliver within
one month the gold deposited as So
curitv for the Ottoman debt renounce
any benefits accruing from the trea-
ties Of Bucharest and Brest-Litovsk
ana transfer 10 the allied and assO-
ciated governments al. claims agains'
her former allies.
Any financial adjustments such as
those relating to banking and insur
ance companies. savings banks. pos
tai savings banks, land banks or mort
gage companies in the former mon
archy neceasjtated by the dismember
ment of the monarchy and the reset
tlement of public debts and currency