United States Department of State / Papers relating to the foreign relations of the United States, 1924
Germany, pp. 1-192 PDF (71.9 MB)
1GERMANY INSISTENCE BY THE UNITED STATES UPON ITS RIGHT TO PARTICIPATE IN THE DISTHIBUTION OF GERMAN REPARATION PAYMENTS UNDER THE DAWES PLAN1 462.00 R 296/176: Telegram The Secretary of State to the Ambassador in France (Herrick) [Paraphrase] WASHINGTON, February 28, 1924—8 p. m~. 58. L—50, for Logan.2 From the information in the hands of the Department on the proposed basis of report of the first committee,3 it appears that American rights may be adversely affected in two particulars, viz., reimbursement of Army costs and payment of claims adjudicated by the Mixed Claims Commission under the agreement of August 10, 1922, with Germany.4 The Army Costs Agreement of May 25, 1923,~ was negotiated and signed on the assumption that German reparation payments would, in some measure, continue to be made. A moratorium was thought of only in connection with a loan or anticipatory payments by Germany and in those circumstances the Allies undertook to communicate with this Government for the purpose of reaching an agreement which would not cause any prejudice to the Government of the United States. If now a moratorium is recommended, and if current army costs are exempted from it, an arrangement should also be made for excepting a certain definite amount as an annual payment on account of American Army costs, say a twelfth of the total under the agreement of May 25. The equity of the position of 1For previous correspondence concerning German reparations, see Foreign Relations, 1923;, voL II, p. 46. For reports of the committees of experts, see Great Britain, Cmd. 2105: Reports ot the Ecepert Committees Appointed by the Reparation Commission; also "Report of Committees of Experts to Reparation Commission," Federal Reserve Bulletin, May 1924. For proceedings of the London Conference and texts of agreements adopted, see Great Britain, Cmd. 2270, Miscellaneous No. 17 (1924): Proceedings or the London Reparation Conrerence July and August 1924. The agreements are also printed in Great Britain, Omd. 2259, Treaty Series No. 36 (1924). 2James A. Logan, Jr., American unofficial representative on the Reparation Commission. * International committee of experts appointed by the Reparation Commission to report on Germany's budget and currency; see telegram no. 535, Dec. 21, 1923, from the Ambassador in France, Foreign Relations, 1923, vol. ii, p. 108. Ibid., 1922, vol. ii, p. 262. ' Ibid., 1923, vol. vi, p. 180.
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