GOVERNMENTS OF GREAT BRITAIN, BELGIUM, FRANCE, ITALY, JAPAN, THE UNITED STATES OF AMERICA, BRAZIL, GREECE, POLAND, PORTUGAL, ROUMANIA, THE SERB-CROATSLOVENE STATE AND CZECHOSLOVAKIA regarding the DISTRIBUTION OF THE DAWES ANNUITIES. Signed at Paris, January 14, 1925. Presented by the Secretary of State for Foreign Affairs to Parliament by Command of His Majesty. LONDON: PRINTED & PUBLISHED BY HIS MAJESTY'S STATIONERY OFFICE. To be purchased directly from H.M. STATIONERY OFFICE at the following addresses: Adastral House, Kingsway, London, W.C.2; 28, Abingdon Street, London, S.W.1; York Street, Manchester; 1, St. Andrew's Crescent, Cardiff; or 120, George Street, Edinburgh; or through any Bookseller. 1925 Price 4d. Net. Cmd. 2339. Agreement regarding the Distribution of the Dawes Annuities. Signed at Paris, January 14, 1925. FINAL PROTOCOL. THE representatives of the Governments of Belgium, France, Great Britain, the United States of America, Italy, Japan, Brazil, Greece, Poland, Portugal, Roumania, Serb-Croat-Slovene State, Czechoslovakia, assembled at Paris from the 7th to the 14th January, 1925, with a view to settling as between their respective Governments questions which arise out of the distribution of the receipts already entered, or to be entered, in the accounts of the Reparation Commission, in particular after the 1st January, 1923, to the 1st September, 1924, and also in the first years of the application of the Dawes plan which formed the subject of the agreements concluded in London on the 30th August, 1924. Have agreed on the provisions contained in the agreement of to-day's date of which a copy is attached to the present protocol. Done at Paris, the 14th January, 1925. CLEMENTEL. G. THEUNIS. WINSTON S. CHURCHILL. FRANK B. KELLOGG. JAMES A. LOGAN, JR. ALBERTO DE' STEFANI. K. ISHII. L. M. DE SOUZA DANTAS. EM. J. TSOUDEROS. J. MROZOWSKI. J. KARSNICKI. ANTONIO DA FONSECA. VINTILA BRATIANO. N. TITULESCU. STOYADINOVITCH. STEFAN OSUSKY. AGREEMENT.* The Governments of Belgium, France, Great Britain, Italy, Japan. the United States of America, Brazil, Greece, Poland, Portugal, Roumania, the Serb-Croat-Slovene State and Czechoslovakia, respectively represented by the undersigned, have agreed as follows: Agreement regarding the Distribution of the Dawes Annuities. SUMMARY. CHAPTER I.-ALLOCATION OF DAWES ANNUITIES. Article 2. Costs of armies of occupation, 1924-25. Share of the United States of America in the Dawes annuities. Belgian war debt. Article 3. Article 4. Article 5. Article 6. Belgian priority. Article 7. Article 8. Article 9. Restitutions. Greek and Roumanian share of reparations. Compensation due to the European Commission of the Article 10. Clearing office balances CHAPTER II.-SETTLEMENT OF PAST ACCOUNTS. Article 11. Distribution accounts: Provision as to arbitration. CHAPTER III.-SPECIAL QUESTIONS ARISING OUT OF PREVIOUS AGREEMENTS. Article 13. Extension beyond the 1st January, 1923, of the provisions of article 2 of the Agreement of the 11th March, 1922: Appropriation of deliveries in kind to the costs of the armies of occupation. Article 14. Extension beyond the 1st January, 1923, of the provisions of article 6 of the Agreement of the 11th March, 1922: Retention by each Power of the deliveries in kind received by it. Article 15. Costs of armies of occupation from the 1st May, 1922, to the 31st August, 1924. Article 16. Debits for vessels allotted or transferred to Belgium under article 6 (4) of the Spa Protocol. Article 17. Debits for Shantung mines and railways. CHAPTER IV.-INTEREST AND ARREARS. Article 19. Account of excesses and arrears as at the 1st September, Article 21. Costs of armies of occupation to the 1st May, 1921. CHAPTER V.-MISCELLANEOUS QUESTIONS. Repayment by Czechoslovakia in respect of certain deliveries in kind. Recommendations with regard to the distribution of the payments throughout the year. Article 27. Reservation as to the rights and obligations of Germany. *The text of the agreement now issued is the final text. 2650 Wt 3000 2/25 F.O.P. [12609] B 2 Chapter I.-Allocation of the Dawes Annuities. ARTICLE 1. Costs of the Commissions. (A.) The maximum normal charge on the Dawes annuities of the Reparation Commission, including the organisations set up under the Dawes plan, shall be :- (To be taken partly in foreign currencies or in German currency, as required.) Of these sums not more than 3,700,000 gold marks a year shall be attributable to the organisations set up under the Dawes plan. If necessary, this sum may be increased in order to meet the costs of the arbitral bodies provided for by the Dawes plan and the London Protocol. (B.) The maximum charge for the Inter-Allied Rhineland High Commission (including deliveries under articles 8-12 of the Rhineland Agreement) shall not exceed 10 million gold marks (to be taken in foreign currencies or in German currency, as required) for the year from the 1st September, 1924, this sum being allocated between the French, British and Belgian High Commissariats in the proportion of 62 16:22, after providing for the other expenses of the commission. The amount for any later year will be settled at a later date. : (C.) The charge of the Military Commission of Control shall not exceed a maximum of 8 million gold marks (to be taken in German currency) in the year from the 1st September, 1924. The amount of any later year will be settled at a later date. This figure does not include the commission's expenses in national currencies, which shall continue to be paid by the Governments concerned, the amounts so paid being credited to their respective accounts by the Reparation Commission. ARTICLE 2. Costs of Armies of Occupation, 1924–25. (A.) The sums to be allowed as a prior charge on payments by Germany during the year the 1st September, 1924, to the 31st August, 1925, in respect of the costs of the armies of occupation of Belgium, Great Britain and France, shall be fixed at the following (B.) Belgium, Great Britain and France will meet their additional army costs during the period mentioned out of their [12609] respective shares in German reparation payments, but shall not be debited on reparation account therewith, that is to say, their respective reparation arrears will be increased by corresponding sums. (C.) The additional army costs shall be calculated as follows. Each Power will be entitled to receive : 1. The sums payable under the Finance Ministers' Agreement of the 11th March, 1922, calculated, in the case of Great Britain, on the basis of the French capitation rate with a special allowance of 2 gold marks a man, converted into sterling on the basis of the mean rates of exchange of the respective currencies during the month of December 1921. The value of German marks supplied to the armies of occupation and the value of any requisitions under article 6 of the Rhineland Agreement shall, as heretofore, be included in these sums, and 2. The value of the requisitions and services under articles 8-12 of the Rhineland Agreement, which are credited to Germany in the accounts of the Agent-General for Reparation Payments. For each Power the additional army costs shall be the difference between the total sum so calculated and the amount of the prior charge set out in paragraph (A) above. (D.) It is agreed that the Powers concerned in the occupation shall not charge for effectives in excess of the strength authorised for each, respectively, by article 1 (2) and (3) of the agreement of the 11th March, 1922. (E.) The provisions of this article for the year to the 31st August, 1925, are accepted without prejudice to any question of principle, and the Allied Governments and the Government of the United States of America will discuss, before the 1st September, 1925, the arrangement for army costs in the future. ARTICLE 3. Share of the United States of America in the Dawes Annuities. (A.) Out of the amount received from Germany on account of the Dawes annuities, there shall be paid to the United States of America the following sums in reimbursement of the costs of the United States army of occupation and for the purpose of satisfying the awards of the Mixed Claims Commission established in pursuance of the agreement between the United States and Germany of the 10th August, 1922: 1. Fifty-five million gold marks per annum, beginning the 1st September, 1926, and continuing until the principal sums outstanding on account of the costs of the United States army of occupation, as already reported to the Reparation Commission, shall be extinguished. These annual payments constitute a first charge on cash made. |