SECTION X--ECONOMIC CLAUSES

CUSTOMS

[Sidenote: German tariff to be regulated for five years.]

For a period of six months Germany shall impose no tariff duties higher

than the lowest in force in 1914, and for certain agricultural products,

wines, vegetable oils, artificial silk, and washed or scoured wool this

restriction obtains for two and a half years more. For five years,

unless further extended by the League of Nations, Germany must give most

favored nation treatment to the allied and associated powers. She shall

impose no customs tariff for five years on goods originating in

Alsace-Lorraine, and for three years on goods originating in former

German territory ceded to Poland with the right of observation of a

similar exception for Luxemburg.

SHIPPING

[Sidenote: Rights of ships of the Allies.]

Ships of the allied and associated powers shall for five years and

thereafter under condition of reciprocity, unless the League of Nations

otherwise decides, enjoy the same rights in German ports as German

vessels, and have most favored nation treatment in fishing, coasting

trade, and towage even in territorial waters. Ships of a country having

no seacoast may be registered at some one place within its territory.

UNFAIR COMPETITION

[Sidenote: Safeguards against unfair competition.]

Germany undertakes to give the trade of the allied and associated powers

adequate safeguards against unfair competition, and in particular to

suppress the use of false wrappings and markings, and on condition of

reciprocity to respect the laws and judicial decisions of allied and

associated States in respect of regional appellations of wines and

spirits.

[Illustration: CLOSING WORDS OF THE PEACE TREATY, WITH THE SIGNATURES

AND SEALS OF THE AMERICAN DELEGATES, HEADED BY THE BRITISH PRIME

MINISTER, LLOYD GEORGE.]

[Illustration: SIGNATURES AND SEALS OF CANADIAN, AUSTRALIAN, SOUTH

AFRICAN, NEW ZEALAND, AND INDIAN DELEGATES. THEN THE FRENCH, HEADED BY

PREMIER CLEMENCEAU.]

[Illustration: SIGNATURES AND SEALS OF THE DELEGATIONS FROM PERU, POLAND

(HEADED BY PREMIER PADEREWSKI), PORTUGAL, RUMANIA, SERBIA,

CZECHO-SLOVAKIA, AND URUGUAY.]

[Illustration: SIGNATURES AND SEALS OF THE GERMAN DELEGATES, DR. HERMANN

MULLER AND DR. BELL, ON THE LAST PAGE OF THE TREATY]

[Illustration: The signatures of the American delegates--President

Wilson, Secretary of State Lansing, Mr. Henry White, Colonel House, and

General Bliss--come first after the closing words of the Treaty of Peace

(pages 213 and 214); then the names of the British delegates--Prime

Minister Lloyd George, Mr. Bonar Law, Lord Milner, Mr. Balfour, and Mr.

Barnes (page 214); the Canadians, Minister of Justice Doherty and

Minister of Customs Sifton; the Australians, Premier Hughes and Mr.

Cook; the South Africans, Premier Botha and General Smuts; Premier

Massey of New Zealand; Mr. Montagu, Secretary of State for India, and

Maharajah Ganga Singh for India (pages 215 and 216). Then come the

French--Premier Clemenceau, whose signature is third from the top on

page 216, M. Pichon, M. Klotz, M. Tardieu, and M. Cambon (page 216). The

name of Premier Paderewski of Poland is the second from the top on page

221.]

TREATMENT OF NATIONALS

[Sidenote: German nationality.]

Germany shall impose no exceptional taxes or restriction upon the

nationals of allied and associated States for a period of five years

and, unless the League of Nations acts, for an additional five years

German nationality shall not continue to attach to a person who has

become a national of an allied or associated State.

MULTILATERAL CONVENTIONS

[Sidenote: Postal and telegraphic conventions.]

[Sidenote: North Sea conventions.]

[Sidenote: Arrangements with various nations.]

Some forty multilateral conventions are renewed between Germany and the

allied and associated powers, but special conditions are attached to

Germany's readmission to several. As to postal and telegraphic

conventions Germany must not refuse to make reciprocal agreements with

the new States. She must agree as respects the radio-telegraphic

convention to provisional rules to be communicated to her, and adhere to

the new convention when formulated. In the North Sea fisheries and North

Sea liquor traffic convention, rights of inspection and police over

associated fishing boats shall be exercised for at least five years only

by vessels of these powers. As to the international railway union she

shall adhere to the new convention when formulated. China, as to the

Chinese customs tariff arrangement of 1905 regarding Whangpoo, and the

Boxer indemnity of 1901; France, Portugal, and Rumania, as to The Hague

Convention of 1903, relating to civil procedure, and Great Britain and

the United States as to Article III. or the Samoan Treaty of 1899, are

relieved of all obligations toward Germany.

BILATERAL TREATIES

[Sidenote: Renewal of treaties.]

Each allied and associated State may renew any treaty with Germany in so

far as consistent with the peace treaty by giving notice within six

months. Treaties entered into by Germany since August 1, 1914, with

other enemy States, and before or since that date with Rumania, Russia,

and governments representing parts of Russia are abrogated, and

concessions granted under pressure by Russia to German subjects are

annulled. The allied and associated States are to enjoy most favored

nation treatment under treaties entered into by Germany and other enemy

States before August 1, 1914, and under treaties entered into by Germany

and neutral States during the war.

PRE-WAR DEBTS

[Sidenote: Clearing houses for pre-war debts.]

A system of clearing houses is to be created within three months, one in

Germany and one in each allied and associated State which adopts the

plan for the payment of pre-war debts, including those arising from

contracts suspended by the war. For the adjustment of the proceeds of

the liquidation of enemy property and the settlement of other

obligations each participating State assumes responsibility for the

payment of all debts owing by its nationals to nationals of the enemy

States, except in case of pre-war insolvency of the debtor. The proceeds

of the sale of private enemy property in each participating State may be

used to pay the debts owed to the nationals of that State, direct

payment from debtor to creditor and all communications relating thereto

being prohibited. Disputes may be settled by arbitration by the courts

of the debtor country, or by the mixed arbitral tribunal. Any ally or

associated power may, however, decline to participate in this system by

giving six months' notice.

ENEMY PROPERTY

[Sidenote: Damages for private property seized or injured.]

Germany shall restore or pay for all private enemy property seized or

damaged by her, the amount of damages to be fixed by the mixed arbitral

tribunal. The allied and associated States may liquidate German private

property within their territories as compensation for property of their

nationals not restored or paid for by Germany. For debts owed to their

nationals by German nationals and for other claims against Germany,

Germany is to compensate its nationals for such losses and to deliver

within six months all documents relating to property held by its

nationals in allied and associated States. All war legislation as to

enemy property rights and interests is confirmed and all claims by

Germany against the allied or associated Governments for acts under

exceptional war measures abandoned.

[Sidenote: Pre-war contracts.]

Pre-war contracts between allied and associated nationals excepting the

United States, Japan, and Brazil and German nationals are cancelled

except for debts for accounts already performed.

AGREEMENTS

[Sidenote: Disputes as to transfers of property already made.]

For the transfer of property where the property had already passed,

leases of land and houses, contracts of mortgages, pledge or lien,

mining concessions, contracts with governments and insurance contracts,

mixed arbitral tribunals shall be established of three members, one

chosen by Germany, one by the associated States and the third by

agreement, or, failing which, by the President of Switzerland. They

shall have jurisdiction over all disputes as to contracts concluded

before the present peace treaty.

[Sidenote: Insurance contracts.]

Fire insurance contracts are not considered dissolved by the war, even

if premiums have not been paid, but lapse at the date of the first

annual premium falling due three months after the peace. Life insurance

contracts may be restored by payments of accumulated premiums with

interest, sums falling due on such contracts during the war to be

recoverable with interest. Marine insurance contracts are dissolved by

the outbreak of war except where the risk insured against had already

been incurred. Where the risk had not attached, premiums paid are

recoverable, otherwise premiums due and sums due on losses are

recoverable. Reinsurance treaties are abrogated unless invasion has made

it impossible for the reinsured to find another reinsurer. Any allied or

associated power, however, may cancel all the contracts running between

its nationals and a German life insurance company, the latter being

obligated to hand over the proportion of its assets attributable to such

policies.

INDUSTRIAL PROPERTY

[Sidenote: Conditions on use of German patents and copyrights.]

Rights as to industrial, literary, and artistic property are

re-established. The special war measures of the allied and associated

powers are ratified and the right reserved to impose conditions on the

use of German patents and copyrights when in the public interest. Except

as between the United States and Germany, pre-war licenses and rights to

sue for infringements committed during the war are cancelled.

World's War Events $v Volume 3 Beginning with the departure of the first American destroyers for service abroad in April, 1917, and closing with the treaties of peace in 1919. · 第 10 / 15 章