The Birmingham age-herald., 1921-08-26
TEXT OF THE TREATY
 OF PEACE BETWEEN | U. s. AND GERMANY
tContinued from Page 6ne)

otherwise in all matters affecting residence, business, profession, trade navigation, commerce and industrial property rights, and until the inn perial German government and the imperial royal Austro- Hungarian gov ernment or their successor or suc- cessors shall have respectively con firmed to the United States of Amer ican all fines, forfeitures, penalties and seizures imposed or made by the United States of America during the war, whether in respect to the prop erty of the imperial German govern ment or German nationals or the 1m- -perial and royal Austro- Hungarian government or Austro-H Hungarian nationals, and shall have waived any and all pecuniary claims against tne United States of America
 Being desirous of restoring the friendly relations existing between the two nations prior to the outbreak of war;
 Have for that purpose appointed their plenipotentiaries;
 "The President of the United States of America, Ellis Loring Dresel, com missioner of the United States or America, to Germany and,
 "The President O: the German em- pire, Dr. Friedrick Rosen. Minister for foreign affairs,
 Who having communicated their full powers, found to be in good and due form, have agreed as follows:
 Article One
 Germany undertakes to accord to the United States. and the United States shall have and enjoy, all the rights, privileges, indemnities, fe- parations or advantages specified ir the aforesaid joint resolutinon of the Congress of the United States of July 2, 1921, including all the rights and advantages stipulated for the benefit of the United States in the treaty ot Versailles which the United States shall fully enjoy notwithstanding the fact that such treaty has not beer ratified by the United States.
 Article Two
 With a view to defining more particularly the obligations of Ger many under the foregoing article with respect to certain provisions in the treaty of Versailles, it Is under stood and agreed between the high contracting parties:
 "Q) That the rights and advan- tages in that treaty for the benefit of the United States, which it is in- tended the United States shall have and enjoy are those defined in sec tion one of part four. and parts five, six, eight, nine, ten, eleven, twelve, fourteen and fifteen. The United States. in availing Itself of the rights and advantages stipulated in the pro visions of that treaty mentioned ir this paragraph, will do so in man. ner consistent with the rights ac. corded to Germany under such pro visions.
 "(2) TKat the United States shall not be bound by the provisions oi part one of that treaty, nor by any provisions of that treaty including those mentioned in paragraph GJ o1 this article, which relate to the covenant of the League of Nations or shall the United States be boand by any action taken by the League oi Nations, or by the council or by the assembly thereof, unless the United States shall expressly give its assent to such action.
 "(3) That the United States as- sumes no obligation under or with respect to the provisions of part two, part three, sections two to eight la- elusive of part four, and part q II of that treaty.
 "(4) That while the United is privileged to participate in | ation commission accoraiTE f0 tas terms of part eight ef thSs e and in any ether c5ra.sffsson stab lisheJ ander the trYaty or under any z cement supplemsutal thereto, the
 dstates is/not hound to par
 Q in aAy ykucii commission un- @s 't Nhall sie@t to do so.
 s{E3 2 Nat tNe periods of tine to \ a fsf9nce is made in article 4&J tae treaty of Versailles shall An with respect to any act or election on the part of the United StStas from the date of the coming into force of the present treaty.
 Article Three
 "The present treaty shall be rati-