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nydus/The Economic Consequences of the PeacePublic
Page 259 of 280
Table of Contents
109

Art. 235. The force of this Article is somewhat strengthened by Article 251, by virtue of which dispensations may also be granted for "other payments" as well as for food and raw material.

110

This is the effect of Para. 12 (c) of Annex II. of the Reparation Chapter, leaving minor complications on one side. The Treaty fixes the payments in terms of gold marks, which are converted in the above rate of 20 to $5.

111

If, per impossibile, Germany discharged $2,500,000,000 in cash or kind by 1921, her annual payments would be at the rate of $312,500,000 from 1921 to 1925 and of $750,000,000 thereafter.

259