A Revision of the Treaty: Being a Sequel to The Economic Consequence of the PeaceKeynes, John Maynard
History
A Revision of the Treaty: Being a Sequel to The Economic Consequence of the Peace
Keynes, John Maynard
Treaty of Versailles (1919 June 28); World War, 1914-1918 -- Reparations
Loans for Relief—
Austria £8,605,134 9 9
Rumania 1,294,726 0 8
Serb–Croat–Slovene
Kingdom 1,839,167 3 7
Poland 4,137,040 10 1
Czecho–Slovakia 417,392 3 3
Esthonia 241,681 14 2
Lithuania 16,811 12 4
Latvia 20,169 1 10
Hungary 79,997 15 10
Armenia 77,613 17 2
Inter–Allied Commission
on the Danube 6,868 17 6
─────────────────── 16,736,603 6 2
Other Loans (Stores, etc.)—
Czecho–Slovakia £2,000,000 0 0
Armenia 829,634 9 3
──────────────────── 2,829,634 9 3
────────────────────
Total £1,806,828,245 13 8
────────────────────
FOOTNOTES:
[112] The following is the official summary issued at the time. The
complete text of the Agreement has not been published.
[113] Of which the most tangible were 400,000,000 Danish kroner payable
in respect of Sleswig, certain sums were from Luxemburg for coal,
any balance available in respect of German ships seized as prizes in
Brazilian ports, and any balance available towards reparation out of
German assets in the United States.
[114] So far as I am aware, no complete official text of these
decisions has been published in English. The above is translated from
the French text.
[115] The Commission published at the same time a warning that it had
not adopted these claims, but was about to examine them.
[116] The arrangement under which a German private company is to be
created to deal directly with the orders without the intervention of
the French and German Governments is intended to obviate the delays
which experience has shown to be inseparable from the employment of the
present machinery. It does not appear to have any important bearing on
the general financial situation, since the deliveries will clearly have
to be financed by the German Government and will ultimately be paid for
by means of a reparation credit in account with the German Government.
[117] This is a net figure and allows for repayments made up to
July 1921, of which the chief items are $78,000,000 by France, and
$111,000,000 by Great Britain.
[118] The totals at the foot of these two columns include miscellaneous
items for interest not entered in the particulars given in the columns
themselves. A further sum of about $250,000,000 will have accrued for
interest by February 1922.
[119] These accounts include interest, except in the case of Belgium
and Serbia, from whom interest has not been charged, and in the case of
Russia, where no interest has been entered up since January 1918.
INDEX
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