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The cost for such provides of food and uncooked materials for Germany and such other funds as may be judged by the Allied and Associated Powers to be essential to enable Germany to fulfill her obligations in respect of reparation may have precedence to the extent and upon the situations which have been or may be decided by the Governments of the stated 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 power of the current 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 deliver inside one month from the date of the coming into force of the present Treaty, to such authority as the Principal Allied and سعر الذهب اليوم في كندا Associated Powers might 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 safety for the primary issue of Turkish Government currency notes.

The right of each of the Allied and Associated Powers to dispose of enemy belongings and property inside its jurisdiction at the date of the coming into pressure of the present Treaty is just not 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 inside one yr from the coming into power of the current Treaty demand that the German Government become possessed of any rights and interests of German nationals in any public utility enterprise or in any concession working in Russia, China, Turkey, Austria, Hungary and Bulgaria, or in the possessions or dependencies of these States or in any territory previously belonging to Germany or her allies, to be ceded by Germany or her allies to any Power or to be administered by a Mandatory under the present Treaty, and should require that the German Government transfer, within six months of the date of demand, all such rights and pursuits and any related rights and interests the German Government could itself possess to the Reparation Commission. Such methodology could take the kind, inter alia, of the assumption by the facility to which the territory is ceded of Germany's legal responsibility for the German debt held by her nationals.

Germany undertakes to transfer to the Allied and Associated Powers any claims she could should cost or repayment by the Governments of Austria, Hungary, Bulgaria or Turkey, and, in particular, any claims which can come up, now or hereafter, from the fulfilment of undertakings made by Germany in the course of the battle to those Governments. Aside from the U.S.A., all the Allied governments have been bankrupt and carried unpayable debts; all of Europe was devastated and incapable of feeding itself let alone reconstructing. Enterprises, particularly, which are carried on by non-public entrepreneurs by utilizing capital (cash or goods with a cash worth) to make a revenue, purchasing the means of manufacturing and promoting the product, i.e. undoubted capitalistic enterprises, may at the identical time have a traditionalistic character. § 2. The substitution of gold price now 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 momentary bimetallism and later to gold monometallism.

Subject to such exceptions as the Reparation Commission may approve, a first charge upon all of the assets and revenues of the German Empire and its constituent States shall be the price of reparation and all other costs arising beneath the present Treaty or any treaties or agreements supplementary thereto or below arrangements concluded between Germany and the Allied and Associated Powers during 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 pursuits as may be assessed by the Reparation Commission, and the German Government shall within six months from the coming into power of the present Treaty, communicate to the Reparation Commission all such rights and pursuits, whether or not already granted, contingent or not yet 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 have not been so communicated.

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