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II. THE LONDON CONFERENCE ON THE
APPLICATION OF THE DAWES PLAN
CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACE
DIVISION OF INTERCOURSE AND EDUCATION EDITORIAL OFFICE: 407 WEST 117TH STREET, NEW YORK CITY
PUBLICATION OFFICE: WORCESTER, MASS.
Single copies 5 cents
CARNEGIE ENDOWMENT FOR
Assistant Treasurer, FREDERIC A. DELANO
ALFRED HOLMAN ROBERT S. BROOKINGS
WILLIAM M. HOWARD THOMAS BURKE
Robert LANSING NICHOLAS MURRAY BUTLER FRANK O. Lowden John W. DAVIS
Robert NEWTON PAGE ARTHUR WILLIAM FOSTER Henry S. PRITCHETT AUSTEN G. Fox
CORDENIO A. SEVERANCE ROBERT A. FRANKS
James R. SHEFFIELD CHARLES S. HAMLIN
OSCAR S. STRAUS DAVID JAYNE HILL
JAMES Brown Scott, Secretary NICHOLAS MURRAY BUTLER ANDREW J. MONTAGUE AUSTEN G. Fox
HENRY S. PRITCHETT
Division of Intercourse and Education
Director, NICHOLAS MURRAY BUTLER
Division of International Law
Division of Economics and History
For text of the Dawes Report see: World Peace Foundation
For text of the London Agreements see: London Times, August
FORMER PUBLICATIONS DEALING WITH THE
SUBJECT OF GERMAN REPARATIONS Document No. 162. Addresses on German Reparation, by the Rt. Hon.
David Lloyd George and Dr. Walter Simons, London,
March 3 and 7, 1921. May, 1921.
1922, and the French Reply of September 3, 1922;
Anderson, Jr. December, 1922.
Situation: The Report of the Bankers' Committee
Situation, Series No. II: The French, British and
Payments of May 5, 1921. March, 1923.
delivered July 6, 1923, at Paris, by Professor F. W. Foerster, formerly of the University of Munich, before the annual meeting of the Advisory Council in Europe of the Carnegie Endowment for Inter
national Peace. September, 1923. No. 193. Documents Regarding the European Economic
Situation, Series No. III: Correspondence between
in London, October 23, 1923. December, 1923. No. 199. Summary of Part I of the Report of the First (Dawes)
Committee of Experts. Questions Resulting from the
THE DAWES REPORT ON GERMAN
By GEORGE A. FINCH (Reprinted from The American Journal of International Law
Vol. 18, Number 3, July, 1924)
The completion and transmission to the Reparation Commission on April 9 last of the report of the expert committees appointed by it to “consider the means of balancing the budget and the measures to be taken to stabilize the currency" of Germany and to “consider the means of estimating the amount of German exported capital and of bringing it back to Germany" mark a further step in the efforts of the Allied Governments to give practical effect to the reparation clauses imposed upon Germany by the treaty of peace signed at Versailles on June 28, 1919.
The report of the first committee has attracted especial interest in the United States because the American members, although not representatives of the Government of the United States, accepted the appointments from the Reparation Commission with the expressed approval of the State Department. Interest in the report has further been increased by the recent action of the Republican National Convention which nominated General Dawes, the chairman of the first committee, for the office of VicePresident of the United States on the Republican ticket with President Coolidge. A summary of the reports with a brief setting of facts showing their relation to the general subject may, therefore, be useful.
The events directly leading up to these reports may be 1 See press notice of the State Department, Dec. 12, 1923.