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The cost for such supplies of food and uncooked material for Germany and such different payments as could also be judged by the Allied and Associated Powers to be important to allow Germany to satisfy her obligations in respect of reparation can have precedence to the extent and upon the situations which have been or could also be decided by the Governments of the mentioned Powers. Germany confirms the surrender of all materials handed over to the Allied and Associated Powers in accordance with the Armistice of November 11, 1918, and subsequent Armistice Agreements, and acknowledges the title of the Allied and Associated Powers to such materials. 3) Germany undertakes to ship, within one month from the approaching into force of the present Treaty, to such authority because the Principal Allied and Associated Powers could designate, the gold deposit constituted within the Reichsbank or elsewhere, representing the residue of the advance in gold agreed to on May 5, 1915, by the Council of the Administration of the Ottoman Public Debt to the Imperial Ottoman Government. 1) Germany agrees to ship inside one month from the date of the approaching into drive of the current Treaty, to such authority because the Principal Allied and Associated Powers may designate, the sum in usd gold price which was to be deposited within the Reichsbank in the title of the Council of the Administration of the Ottoman Public Debt as security for the first problem of Turkish Government currency notes.

The precise of every of the Allied and Associated Powers to dispose of enemy property and property inside its jurisdiction on the date of the approaching into drive of the present Treaty shouldn't be affected by the foregoing provisions. Without prejudice to the renunciation of any rights by Germany on behalf of herself or of her nationals in the other provisions of the present Treaty, the Reparation Commission might within one 12 months from the coming into power of the present Treaty demand that the German Government grow to be possessed of any rights and pursuits of German nationals in any public utility undertaking or in any concession operating in Russia, China, Turkey, Austria, Hungary and Bulgaria, or within the possessions or dependencies of those States or in any territory formerly belonging to Germany or her allies, to be ceded by Germany or her allies to any Power or to be administered by a Mandatory beneath the present Treaty, and should require that the German Government transfer, inside six months of the date of demand, all such rights and interests and any related rights and interests the German Government could itself possess to the Reparation Commission. Such technique could take the kind, inter alia, of the assumption by the power to which the territory is ceded of Germany's liability for the German debt held by her nationals.

Germany undertakes to switch to the Allied and Associated Powers any claims she could should payment or repayment by the Governments of Austria, Hungary, أسعار الذهب اليوم Bulgaria or Turkey, and, in particular, any claims which can arise, now or hereafter, from the fulfilment of undertakings made by Germany in the course of the war to those Governments. Aside from the U.S.A., all of the Allied governments had been bankrupt and carried unpayable debts; all of Europe was devastated and incapable of feeding itself let alone reconstructing. Enterprises, specifically, which are carried on by personal entrepreneurs by utilizing capital (money or items with a cash value) to make a revenue, purchasing the means of manufacturing and selling the product, i.e. undoubted capitalistic enterprises, may at the identical time have a traditionalistic character. § 2. The substitution of gold as an alternative of silver in a rustic like Germany which had a single silver medium was carried out by a path which led first to short-term bimetallism and later to gold monometallism.

Subject to such exceptions because the Reparation Commission could approve, a first cost upon all of the assets and revenues of the German Empire and its constituent States shall be the price gold of reparation and all other costs arising beneath the present Treaty or any treaties or agreements supplementary thereto or under arrangements concluded between Germany and the Allied and Associated Powers through the Armistice or its extensions. Germany shall be chargeable for indemnifying her nationals so dispossessed, and the Reparation Commission shall credit Germany, on account of sums due for reparation, with such sums in respect of the value of the transferred rights and interests as could also be assessed by the Reparation Commission, and the German Government shall inside six months from the coming into drive of the current Treaty, communicate to the Reparation Commission all such rights and interests, whether already granted, contingent or not but exercised, and shall renounce on behalf of itself and its nationals in favour of the Allied and Associated Powers all such rights and interests which haven't been so communicated.

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