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ARTICLE 4.

The sum so calculated, together with the value of the property and possessions of the former Austro-Hungarian Monarchy transferred to Italy, assessed in accordance with Article 207, Part IX (Financial Clauses) of the Treaty of Peace with Austria, shall be set off against the approved claims of Italy for reparation. The total of these two sums shall be reckoned as payments by way of reparation, and no further payments shall be made to Italy on account of reparation until the other states to which reparation is due shall have received payments on account of a like proportion of their approved claims for reparation.

Done in French, in English and in Italian, of which in case of divergence the French text shall prevail, at Saint-Germain-en-Laye, the tenth day of September, one thousand nine hundred and nineteen.

FRANK L. POLK.

HENRY WHITE.

TASKER H. BLISS.

HYMANS.

J. VAN DEN HEUVEL.

E. VANDERVELDE.

ARTHUR JAMES BALFOUR.

MILNER.

GEO. N. BARNES.

A. E. KEMP.

G. F. PEARCE.

MILNER.

THOS. MACKENZIE.

SINHA OF RAIPUR.

J. R. LOUTSENGTSIANG.

CHENGTING THOMAS WANG.
ANTONIO S. DE BUSTAMANTE.

G. CLEMENCEAU.

S. PICHON.

L. L. KLOTZ.

ANDRÉ TARDIEU.

JULES CAMBON.

N. POLITIS.

A. ROMANOS.

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DECLARATION MODIFYING THE AGREEMENT OF SEPTEMBER 10, 1919,

BETWEEN THE ALLIED AND ASSOCIATED POWERS WITH REGARD TO THE
ITALIAN REPARATION PAYMENTS

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Signed at Paris, December 8, 1919.

The United States of America, Belgium, the British Empire, China, Cuba, France, Greece, Italy, Japan, Nicaragua, Panama, Poland, Portugal, Siam and the Czecho-Slovak State, Powers who have signed the agreement concluded on September 10, 1919, at Saint-Germainen-Laye with regard to the Italian reparation payments, and the Serb-Croat-Slovene State, which by an act dated December 5, 1919, has acceded to the said agreement subject to the modifications which are the subject of the present declaration,

Have agreed to modify the agreement referred to above as follows: Article 4 is replaced by the following provision:

1 For the text of this agreement see supra, p. 349.

2 British Treaty Series (1920), No. 9.

ARTICLE 4.

The sum so calculated, together with the value of the property and possessions of the former Austro-Hungarian Monarchy transferred to Italy, assessed in accordance with Article 208, Part IX (Financial Clauses) of the Treaty of Peace with Austria, shall be set off against the approved claims of Italy for reparation.

Italy shall, within three months after being requested by the Reparation Commission so to do, issue bonds to the amount of these two sums, and shall deliver them to such person or body as the Governments of the United States of America, the British Empire, France and Italy may designate.

The above bonds shall be to bearer, principal and interest being payable by Italy without deduction for any tax or charge imposed by her or under her authority. The bonds shall bear interest at the rate of 5 per cent. per annum payable half-yearly, beginning on January 1, 1926. They shall be repaid in twenty-five equal annual drawings, beginning on January 1, 1931. Italy may, however, at her option, redeem all or part of the bonds issued by her at par and accrued interest at any time, provided ninety days' notice of her intention so to do is given to the Governments of the United States of America, the British Empire and France.

As and when payments on such bonds fall due, the Reparation Commission shall retain, against the sums due to Italy for reparation, the sums required for interest and amortization.

Plenipotentiaries who in consequence of their temporary absence from Paris have not signed the present declaration may do so up to December 20, 1919.

Made in French, in English, and in Italian, of which in case of divergence the French text shall prevail, at Paris, the eighth day of December, one thousand nine hundred and nineteen.

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VIKYUIN WELLINGTON Koo.
RAFAEL MARTINEZ ORTIZ.

G. CLEMENCEAU.

S. PICHON.

L. L. KLOTZ.

ANDRÉ TARDIEU.
JULES CAMBON.
A. ROMANOS.

G. DE MARTINO.

K. MATSUI.

R. A. AMADOR.
AFFONSO COSTA.
CHAROON.

NIK. P. PACHITCH.
DR. ANTE TRUMBIC.
DR. IVAN ZOLGER.

DECLARATION OF ACCESSION BY THE SERB-CROAT-SLOVENE STATE TO THE TREATY OF PEACE WITH AUSTRIA, THE TREATY BETWEEN THE PRINCIPAL ALLIED AND ASSOCIATED POWERS AND THE SERB-CROAT-SLOVENE STATE, AND THE AGREEMENTS WITH REGARD TO THE ITALIAN REPARATION PAYMENTS AND THE CONTRIBUTIONS TO THE COST OF LIBERATION OF THE TERRITORIES OF THE FORMER AUSTRO-HUNGARIAN EMPIRE.1

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Signed at Paris, December 5, 1919.

The undersigned, plenipotentiaries of His Majesty the King of the Serbs, Croats and Slovenes, acting in virtue of their full powers duly recognized as good and valid, declare that His Majesty the King of the Serbs, Croats and Slovenes accedes in the name of the SerbCroat-Slovene State, without any condition or reservation :

1. To the treaty of peace,2 protocol and declaration signed at SaintGermain-en-Laye, the 10th September, 1919, by the United States

1 British Treaty Series (1920), No. 8.

2 This Supplement, Vol. 14, p. 1.

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of America, the British Empire, France, Italy, Japan, Principal Allied and Associated Powers, Belgium, China, Cuba, Greece, Nicaragua, Panama, Poland, Portugal, Siam and Czecho-Slovakia, Allied and Associated Powers, of the one part; and Austria, of the other part;

2. To the treaty between the Principal Allied and Associated Powers and the Serb-Croat-Slovene State, signed at Saint-Germainen-Laye, the 10th September, 1919, by the United States of America, the British Empire, France, Italy and Japan;

3. To the agreement with regard to the Italian reparation payments signed at Saint-Germain-en-Laye, the 10th September, 1919, by the United States of America, Belgium, the British Empire, China, Cuba, France, Greece, Italy, Japan, Nicaragua, Panama, Poland, Portugal, Siam and the Czecho-Slovak State; subject to the modifications which, accepted on this date by the United States of America, the British Empire, France, Italy and Japan, will form the subject of a special declaration;

4. To the agreement with regard to the contributions to the cost of liberation of the territories of the former Austro-Hungarian Monarchy, signed at Saint-Germain-en-Laye, the 10th September, 1919, by the United States of America, Belgium, the British Empire, China, Cuba, France, Greece, Italy, Japan, Nicaragua, Panama, Poland, Portugal, Siam and the Czecho-Slovak State, subject to the modifications which, accepted on this day by the United States of America, the British Empire, France, Italy and Japan, will form the subject of a special declaration.

In faith whereof the undersigned have signed the present declaration and have affixed thereto their seals.

Done at Paris, the fifth day of December, one thousand nine hundred and nineteen.

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