The provision in the Treaty of Versailles that Germany, subject to certain deductions, was to pay $5000 millions (gold) before May 1, 1921, was so remarkably wide of facts and possibilities, that for some time past no one has said much about this offspring of the unimaginative imaginations of Paris. As it was totally abandoned by the London Agreement of May 5, 1921, there is no need to return to what is an obsolete controversy. But it is interesting to record what payments Germany did actually effect during the transitional period. The following details are from a statement published by the British Treasury in August 1921: APPROXIMATE STATEMENT BY THE REPARATION COMMISSION OF DELIVERIES MADE BY GERMANY FROM NOVEMBER 11, 1918, TO APRIL 30, 1921 Gold Marks. Receipts in cash 99,334,000 Deliveries in kind: Ships 270,331,000 Coal 437,160,000 Dyestuffs 36,823,000 Other deliveries 937,040,000 ────────────── 1,780,688,000 Immovable property and assets not yet encashed 2,754,104,000 ────────────── 4,534,792,000 say $1,130,000,000 The immovable property consists chiefly of the Saar coalfields surrendered to France, State property in Schleswig surrendered to Denmark, and State property (with certain exceptions) in the territory transferred to Poland. The whole of the cash, two–thirds of the ships, and a quarter of the dyestuffs accrued to Great Britain. A share of the ships and dyestuffs, the Saar coalfields, the bulk of the coal and of the “other deliveries,” including valuable materials left behind by the German Army, accrued to France. Some ships, a proportion of the coal and other deliveries, and the compensation, payable by Denmark in respect of Schleswig, fell to Belgium. Italy obtained a portion of the coal and ships and some other trifles. The value of German State property in Poland could not be transferred to any one but Poland. But the sums thus received were not available for Reparation. There had to be deducted from them (1) the sums returned to Germany under the Spa Agreement, namely 360,000,000 gold marks,[79] and (2) the costs of the Armies of Occupation. In September 1921 the Reparation Commission published an approximate estimate, as follows, of the cost of occupation of German territory by the Allied Armies from the Armistice until May 1, 1921: