New-York tribune., 1920-02-21

ments. whose signatures are hereto al
fixed, severally agree az regards mer-
chant shipping as follows:
81. The reparation commission Will
ass soon as possible compile list CIV
inx fullest particulars available on all
tured, seized or detained by any Allied
or. associated government during the
war, and also all other enemy ships or
boats which the enemy powers are re-
uuired to cede under the treaty OF
peace. -.
".2. The reparation commission will
take such steps as will secure that each
Of the Allied and associated govern
ments will retain as its own the com
plete title to and use Of all ships capt
ured, seized or detained during the
war as war measure and prior to
November II, 1918, and will own the
same free from any claim Of any Of
the Allied or associated governments.
"Tn all cases where the ships and
boats so to be retained by any Allied
or associated government are in excess
of the claims Of such governments re-
spectively for war losses in merchant
ships such government shall not make
any claim for a share in other ships
and boats ceded under the treaty of
peace.
"s3. In all cases where the ships and
boats so to be retained by any such
government are insufficient to satisfy
in full the claims of such governments
respectively for war losses in mer-
chant ships, the enemy ships which re-
main and which are to be ceded under
the treaty of peace will be divided into
three classes, viz, liners, other mer
chant ships and fishing boats. and will
be distributed to such governments on
the basis of ton for ton and class for
class Of the ships and boats lost ana
not replaced by the ships and boats re-
tained, but in proportion to the bal
ances due on the claims of su h gov
ernments respectively.
Credits for Germany
90. AS the ships and boats so to be
retained VIII, in the case Of Brazil,
China, Cuba. Siam and the United
States, exceed the total amount of ton
mage which would be allocated to those
countries, was the total enemy tonnage
captured, seized, detained or still in
existence shared in proportion to
losses Of ships and boats during the
war, in each such case reasonable
value on the excess of ships and boats
over the amount which would result
from such d division will be deter
mined.
"'The amount of the value so fixed
will be paid over by each such state to
the reparation commission for the
credit of Germany toward the sums
due from her for reparation in re-
spect to war losses of merchant ships.
"'5. AS soon as the reparation COM
mission has collected the necessary in
formation and is in q position so to do
they will give public notice that after
an interval of two months they will
proceed to divide the vessels, except
those captured, seized or detained by
the Allied and associated governments,
which are to be retained by them re-
spectively as hereinbefore provided.
"If within one month of the publica-
tion of the notice, any Allied, associated
or neutral government, person or cor
poration, a national of such govern
ment and acting through such govern
ment, notifies the commission that they
have an equitable claim against any
vessel which has not been or is not
being satisfied by the enemy govern
ment that claim will be considered on
its merits by the commission. which
may adopt any procedure it thinks fit,
provided it is expeditions and is cal
culatcd to do substantial justice as be-
tween the Allied and associated govern
ments on the one hand and the claim
ant on the other.
Commission to Fix Claims
The commission will have power
to determine claims so presented. and
such determination will be conclusive
and the commission will also have
power to enforce it's findings.
WOODROW WILSON.
"'Subject to the explanation CON
tanned in the attached memorandum.
D. Lloyd George,
"' May - 1872"
Il deem it my duty to state, in sign
ing this document, that while I feel
confident that the Congress of the
United States will make the disposal
Of the funds mentioned in clause 4
which is there agreed upon, have no
authority to bind it to that act. but
must depend upon its taking the same
view of the matter that is taken by
the joint signatories Of this agree
ment."