ACCESSIONS to the International Copyright Convention.Signed at Berlin, November 13, 1908.* ACCESSIONS, &c., to the Additional Protocol to the International Copyright Convention of November 13, 1908.-Signed at Berne, March 20, 1914. t ACCESSIONS, &c., to the International Convention and Protocol relative to the Control of the Trade in Arms and Ammunition.-Signed at Saint-Germain-en-Laye, September 10, 1919.‡ RATIFICATION of the International Convention and Protocol relating to the Liquor Traffic in Africa.-Signed at Saint-Germain-en-Laye, September 10, 1919. THE ratifications have been deposited of:- France * Vol. CII, page 619. + Vol. CVII, page 353. Vol. CXII, pages 909 and 925. RATIFICATION of the International Convention revising the General Act of Berlin, February 26, 1885,* and the General Act and Declaration of Brussels, July 2, 1890.† -Signed at Saint-Germain-en-Laye, September 10, 1919.‡ : THE ratifications have been deposited of:- AGREEMENT between Great Britain, Belgium, France, Italy, Japan and Portugal for the Settlement of certain Questions as to the Application of the Treaties of Peace and Complementary Agreements with Germany, Austria, Hungary and Bulgaria.-Spa, July 16, 1920. § THE Governments of Belgium, France, Great Britain, Italy, Japan and Portugal respectively represented by the undersigned, recognising that it is in the general interest to effect an immediate settlement between themselves of certain problems arising from the application of the Treaties of Peace and the complementary Agreements, have agreed upon the following: PART I. ART. I.-In pursuance of Article 237 of the Treaty of Versailles, sums received from Germany under the head of reparation shall be divided in the following proportions: 6.5 per cent. shall be reserved for Greece, Roumania, the Serb-Croat-Slovene State, and for the other Powers entitled to reparation which are not signatories of this Agreement. II. The aggregate amount received under the head of reparation from Austria, Bulgaria and Hungary, together with the sums received from Italy, the Czechoslovak State, Roumania and the Serb-Croat-Slovene State under the Agreements made on the 10th September and the 8th December, 1919,¶ shall be divided as follows: * Vol. LXXVI, page 4. + Vol. LXXXII, pages 55 and 80. § Parliamentary Paper [Cmd. 1615]. ¶ Vol. CXII, pages 527 and 536. (a.) One-half shall be divided between the Allied Governments mentioned in Article I in the proportion fixed by the said Article. (b.) Of the other half, Italy shall receive 40 per cent., and 60 per cent. is reserved for Greece, Roumania, the SerbCroat-Slovene State, and for other Powers entitled to reparation which are not signatories of this Agreement. PART II. III. The Allied Governments recognise that it is in the general interest to determine the total amount due by Germany under Articles 231 and 232 of the Treaty of Versailles, and to make provision for the method of payment on the basis of an agreement embodying: (1.) The fixing of annuities to be paid by Germany. (2.) The faculty for her to free herself at an earlier date by discounting some or all of these annuities. (3.) The issue by Germany of loans destined for the internal requirements of the country and the prompt discharge of its debt to the Allied Powers. The Allied Governments declare their readiness to take among themselves such measures as they may deem appropriate to facilitate an agreement of this kind. PART III. IV. (1.) For each of the Allied Powers the Reparation Commission will draw up, as on the 1st May, 1921, a statement in the following form: Creditor. May 1, 1921. (a.) Cost to the 1st May, 1921, of Armies of Occupation. (b.) Sums advanced to Belgium before the 11th November, 1918. with interest to the 1st May, 1921. (c.) Present value of share in reparation. Debtor. (d.) Receipts on account of Armies of Occupation. (e.) Value of deliveries in kind up to the 1st May, 1921, excluding restitutions under Article 238 under the Treaty of Versailles. (f.) Receipts to be credited to Germany under Article 243 of the said Treaty, excluding final balances under Sections III and IV of Part X (Economic Clauses), and sums applied in accordance with Article V (a) of this Agreement below towards the satisfaction of the Belgian priority. If the payments to be made by Germany consist of annuities, or periodical payments which can be discounted, the credit for the present value of the share in reparation referred to in (c) above for each Power shall be fixed by discounting at 5 per cent. the share attributed to that Power in the annuities or periodical payments, unless the said share has been, as an exception, fixed at a capital sum. Where the receipts to be credited under (f) have not been definitely ascertained when the statement is drawn up, the Reparation Commission will estimate the receipts to be credited. The Commission will make such subsequent adjustments in the accounts as may be necessary when the amount is definitely ascertained. (2.) If the above statement shows that a Power has received under (d), (e) and (f) more than the aggregate totals of (a), (b) and (c), the Reparation Commission will notify the amount of the excess to the Power in question, and it shall be paid to the Reparation Commission by that Power within three months from the date of the notification. (3.) In all cases, even where the repayment provided for above has been made, any excess of the sums debited under (d), (e) and (f) over the sums credited under (a) shall be retained for the following purposes:· (a.) In the case of Belgium, the excess shall be regarded as a payment on account of her priority of 24 milliards of gold francs. (b.) In the case of each of the Allied Powers other than Belgium, it shall be treated as an advance repayable in the manner indicated below, and bearing interest of 5 per cent., which shall be placed to the credit of the special interest account referred to in paragraph 4. The amounts so treated as an advance shall constitute contingent reserves for the purpose of enabling the Reparation Commission to meet, during the ensuing five years, the service of the whole or part of the German loans referred to in Article III (3) in the event of default by Germany. For this purpose, the amount for each Power shall be divided into five equal parts, one of which shall be attributable to each of the five years. If, in any year, the part attributable to that year is not required for the service of the German loans, it shall be applied for the following purposes in the order named: (i.) In discharge of sums then due by Germany to that Power in respect of the cost of the Army of Occupation. (ii.) In satisfaction of sums, either capital or interest, due by Belgium to the Power in question for moneys advanced before the 11th November, 1918. (iii.) Towards the annuities, if any, due by Germany to the Power concerned. (iv.) As regards Italy and Japan, towards the payment by anticipation of future instalments of the annuities due to those Powers (beginning with the earlier instalments) at such rates of discount not being less than 5 per cent. (five) as may from time to time be agreed between those Powers and the Reparation Commission. Any balance not required for the above purpose shall be paid to the Reparation Commission for division among the Powers in the proportions laid down in Article I. (4.) A special interest account shall be drawn up for each Power, and in it shall be included, after the 1st May, 1921, the interest on the advances referred to in paragraph 3. The credit balance on the account shall be divided among the Powers, other than Belgium, in proportion to the percentages laid down in Article I. V. In consideration of the sacrifice made in the general interest by all the Powers which are creditors of Germany in order to ensure the success of the loans referred to in Article III, and with a view to avoiding all difficulty in interAllied financial adjustments, Belgium consents, and it is hereby agreed, that the sum of 24 milliards of gold francs, to which she is entitled in priority under the Agreement of the 16th June, 1919, should be ensured as follows: Belgium retains, as laid down in Article IV of this Agreement, the excess of the deliveries in kind and the transfer of German rights and interests received before the 1st May, 1921. The remainder of the 23 milliards of gold francs shall, after payment of the costs of the Armies of Occupation which have not been paid as provided in Article IV, and until the priority granted to her is satisfied, be paid : (a.) Up till the 1st May, 1921, out of any cash payments received by the Reparation Commission under Article 243, and, in particular, from sums received under the following heads: (1.) Reimbursements to be effected under the conditions specified in Article IV by any Allied Power which has received deliveries in kind or transfers of German rights or interests referred to in Article 243 of the Treaty of Versailles, to a value in excess of her credits with Germany on account of the cost, if any, of her Armies of Occupation, of her reparation for damage, and of the sums, if any, to be reimbursed to her in respect of advances to Belgium up to the 11th November, 1918. (2.) Receipts in respect of final balances in favour of Germany from the clearing houses provided for in Article 296 of the Treaty of Versailles and of the proceeds of the liquidation of German property, rights and interests seized by the Allied Powers in their respective territories, and paid to the |