Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-11-07

Of the sums due by f. (France) to a.
(Allemagne). In the same way h
stocks which a private concern nen-y
toned in the first article may have
accumulated. from Germany, with q
view to eventual deliveries, as we'll as
such funds as that concern may have
got together for carrying out the pro-
visions OF the annexe to the present
memorandum, sholl MT be liable to
be seized in virtue of the paragraph
IS mentioned aboye.e
Anneye i.
The<first .anhexe to the memoran-
dunn defines the working of the ar
arrangement with regard to both deliv>
cry and payment. Its essential arti-.
cles are given below X representing
the COLLECTIVELY of the French suffer
that is to receive and carry out their
demands:
Article 1-Y undertake to supply to
x, beginning with<October 1921. all
goods and materials compatible with
hGcrn1any's capacity to produce, with
the circumstances of her supply in
raw materials. n with her internal
needs, in SO far. as these will concern
the maintenance of her economic ana
social life.
The products specified in the an
nexes s. 5, and 6<of part VIII of the
2'reaty Of Versailles will be excluded,
however, from the purpose of the
present agreement. i
The accumulated value Of the de-
iveries in kind made. by Germany to
France under annexes g., 5,>and 6. as
well us of the deliveries made by Y
to X under the present agreement,
shall not exceed seven milliard gold
marks in the period from October l,
1921, to May 1. 1926.
Articles II and III lay down the
conditiones of delivery.
Article 4-Prices of standard ma
terial and of general lines Of goods
will be fixed by the Arbitration Com
mission and applied to the orders CIV
en- by X to Y, except when a direct
agreement shall have been reached
in that respect by the two parties.
Article 5-The prices of special ma
terials, will be settled by direct agree
ment between the two parties.
Y. declares that it is acquainted
with the provisions to the Preparations
Schedule as communicated by the
PREPARATION Commission to the Ger
man Government on May 5, 1921; It
accepts to consider itself paid up to
a corresponding value and against the
payments due in that particular year,
by the inscription of the respective
sum to the credit of Germany and
the debt of France in the accounts
off, the Reparation Commission.
Articles 6. and I establish in which
manner X will repay Y for advanced
deliveries. The sums placed to the
cridit of Germany and to the debit
Of France in the accounts of the Rep
such deliveries shall amount to at
least 35 per cent of the value of the
deliveries made by Germany. The
sums due by France will Dear ordin-
airy interest at 5 per cent.
Article S-The joint value of the
payments in kind n OF the credits
! given by Y to x. in the form contem-
plated in article g.. shall not exceed
one milliard gold mark in one year.
Article s-On May l, 1886, an &C
count shall be drawn up of the sums
that are still due to Y in respect of
deliveries in kind. made since October
1, 1921, and which may not have been
credited to it. The balance will be re-
paid to Y With compound, interest at s
per cent, in four half-yearly pay
ments on June 80 and December 81,
1885 and 1887, with the reservation
contained in article II.
Article 1.-THE deliveries which Y
will have to make each yea in Ak
ecution of the present agreement
shall nexer exceed that sum, even II
on adding to it the value of the pay
ments made in the same e by the
French Government against the sup
plies in kind received by France un-
der annexes 3. S. and 6 to part VIII of
the Treaty of Versailles, as were to
obtain a>total higher than the share
Of France (52 per cent? in the pay
ments made by Germany. or on It's
account, in that year in payment of
what she owes in the same year, as
laid down in article 4 Of the Pepara-
.tions Schedule. =
After May /. 1886, Y may refuse
to carry out the demands made by
X. if their execution were to make
the sum which x must credit to Y
exceed in a particular year the limit
fixed by this article.
This is followed by a memorandum
on coal and a draft agreement be-
tween the Bureau of the Devastated
Galleries and the Rheinisch1West.
phalisches Kohlonsyndikat.
Looking from one. lofty mountain
range across to another, enormous
distances may be spanned. The re
cord is said to be between Mount
Sparta, in Mexico, and the Sierra
Madre, the two ranges being two