The fee for such provides of food and سعر الذهب اليوم uncooked material for Germany and such different funds as could also be judged by the Allied and Associated Powers to be essential to allow Germany to fulfill her obligations in respect of reparation will have priority to the extent and upon the situations which have been or may be determined 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 recognizes the title of the Allied and Associated Powers to such materials. 3) Germany undertakes to ship, within one month from the coming into force of the current Treaty, to such authority as the Principal Allied and Associated Powers may designate, the gold deposit constituted in 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 coming into force of the current Treaty, to such authority because the Principal Allied and Associated Powers might designate, the sum in gold which was to be deposited in the Reichsbank in the identify of the Council of the Administration of the Ottoman Public Debt as security for the primary subject of Turkish Government currency notes.

The correct of every of the Allied and Associated Powers to dispose of enemy assets and property within its jurisdiction on the date of the coming into power of the current Treaty isn't 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 could inside one year from the approaching into pressure of the current Treaty demand that the German Government grow to be possessed of any rights and interests of German nationals in any public utility undertaking or in any concession working in Russia, China, Turkey, Austria, Hungary and Bulgaria, or within 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 underneath the present Treaty, and will require that the German Government transfer, inside six months of the date of demand, all such rights and interests and any similar rights and interests the German Government may itself possess to the Reparation Commission. Such methodology may take the form, inter alia, of the assumption by the facility to which the territory is ceded of Germany's liability for the German debt held by her nationals.

Germany undertakes to transfer to the Allied and Associated Powers any claims she might need to cost or repayment by the Governments of Austria, Hungary, Bulgaria or Turkey, and, specifically, any claims which may come up, now or hereafter, from the fulfilment of undertakings made by Germany during the warfare to those Governments. Apart from the U.S.A., all of the Allied governments have been bankrupt and carried unpayable debts; all of Europe was devastated and incapable of feeding itself not to mention reconstructing. Enterprises, particularly, which are carried on by non-public entrepreneurs by utilizing capital (money or goods with a cash value) to make a revenue, purchasing the technique of production and selling the product, i.e. undoubted capitalistic enterprises, may at the identical time have a traditionalistic character. § 2. The substitution of gold instead of silver in a rustic like Germany which had a single silver medium was carried out by a path which led first to temporary bimetallism and later to gold price today monometallism.

Subject to such exceptions as the Reparation Commission could approve, a primary cost upon all the property and revenues of the German Empire and its constituent States shall be the price of reparation and all different costs arising beneath the present Treaty or any treaties or agreements supplementary thereto or below preparations concluded between Germany and the Allied and Associated Powers during the Armistice or its extensions. Germany shall be responsible 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 worth of the transferred rights and pursuits as could also be assessed by the Reparation Commission, and the German Government shall within six months from the coming into pressure of the current Treaty, communicate to the Reparation Commission all such rights and interests, whether 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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