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A Revision of the Treaty

Note 80 — Chapter IV

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The German authorities have published a somewhat higher figure. According to a memorandum submitted to the Reichstag in September 1921 by their Finance Minister, the costs of the Armies of Occupation and the Rhine Provinces Commission up to the end of March 1921 were mks. 3,936,954,542 (gold), in respect of expenditure met in the first instance by the occupying Powers, and subsequently recoverable from Germany, plus mks. 7,313,911,829 (paper), in respect of expenditure directly met by the German authorities.

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