Part 5 (1/2)

[7] The precise force of this reservation is discussed in detail in Chapter V.

[8] I also omit those which have no special relevance to the German Settlement. The second of the Fourteen Points, which relates to the Freedom of the Seas, is omitted because the Allies did not accept it. Any italics are mine.

[9] Part VIII. Annex III. (1).

[10] Part VIII. Annex III. (3).

[11] In the years before the war the average s.h.i.+pbuilding output of Germany was about 350,000 tons annually, exclusive of wars.h.i.+ps.

[12] Part VIII. Annex III. (5).

[13] Art. 119.

[14] Arts. 120 and 257.

[15] Art. 122.

[16] Arts. 121 and 297(b). The exercise or non-exercise of this option of expropriation appears to lie, not with the Reparation Commission, but with the particular Power in whose territory the property has become situated by cession or mandation.

[17] Art. 297 (h) and para. 4 of Annex to Part X. Section IV.

[18] Arts. 53 and 74.

[19] In 1871 Germany granted France credit for the railways of Alsace-Lorraine but not for State property. At that time, however, the railways were private property. As they afterwards became the property of the German Government, the French Government have held, in spite of the large additional capital which Germany has sunk in them, that their treatment must follow the precedent of State property generally.

[20] Arts. 55 and 255. This follows the precedent of 1871.

[21] Art. 297 (_b_).

[22] Part X. Sections III. and IV. and Art. 243.

[23] The interpretation of the words between inverted commas is a little dubious. The phrase is so wide as to seem to include private debts. But in the final draft of the Treaty private debts are not explicitly referred to.

[24] This provision is mitigated in the case of German property in Poland and the other new States, the proceeds of liquidation in these areas being payable direct to the owner (Art. 92.)

[25] Part X. Section IV. Annex, para. 10: ”Germany will, within six months from the coming into force of the present Treaty, deliver to each Allied or a.s.sociated Power all securities, certificates, deeds, or other doc.u.ments of t.i.tle held by its nationals and relating to property, rights, or interests situated in the territory of that Allied or a.s.sociated Power.... Germany will at any time on demand of any Allied or a.s.sociated Power furnish such information as may be required with regard to the territory, rights, and interests of German nationals within the territory of such Allied or a.s.sociated Power, or with regard to any transactions concerning such property, rights, or interests effected since July 1, 1914.”

[26] ”Any public utility undertaking or concession” is a vague phrase, the precise interpretation of which is not provided for.

[27] Art. 260.

[28] Art. 235.

[29] Art. 118.

[30] Arts. 129 and 132.

[31] Arts. 135-137.

[32] Arts. 135-140.

[33] Art. 141: ”Germany renounces all rights, t.i.tles and privileges conferred on her by the General Act of Algeciras of April 7, 1906, and by the Franco-German Agreements, of Feb. 9, 1909, and Nov. 4, 1911....”