Inter-Allied Reparations Commission
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The Reparation Commission, also Inter-Allied Reparation Commission (sometimes "Reparations Commission"), was established by the
Treaty of Versailles The Treaty of Versailles was a peace treaty signed on 28 June 1919. As the most important treaty of World War I, it ended the state of war between Germany and most of the Allies of World War I, Allied Powers. It was signed in the Palace ...
to determine the level of
World War I reparations Following their defeat in World War I, the Central Powers agreed to pay war reparations to the Allied Powers. Each defeated power was required to make payments in either cash or kind. Because of the financial situation in Austria, Hungary, and ...
which
Germany Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ...
should pay the victorious
Allies An alliance is a relationship among people, groups, or states that have joined together for mutual benefit or to achieve some common purpose, whether or not an explicit agreement has been worked out among them. Members of an alliance are calle ...
. It promptly approved a plan for the apportionment of
Austrian-Hungarian Austria-Hungary, also referred to as the Austro-Hungarian Empire, the Dual Monarchy or the Habsburg Monarchy, was a multi-national constitutional monarchy in Central Europe#Before World War I, Central Europe between 1867 and 1918. A military ...
debt to the successor states that had been proposed by
Ludwig von Mises Ludwig Heinrich Edler von Mises (; ; September 29, 1881 – October 10, 1973) was an Austrian-American political economist and philosopher of the Austrian school. Mises wrote and lectured extensively on the social contributions of classical l ...
, and its remit was broadened to reparations by other
central powers The Central Powers, also known as the Central Empires,; ; , ; were one of the two main coalitions that fought in World War I (1914–1918). It consisted of the German Empire, Austria-Hungary, the Ottoman Empire, and the Kingdom of Bulga ...
, namely
Austria Austria, formally the Republic of Austria, is a landlocked country in Central Europe, lying in the Eastern Alps. It is a federation of nine Federal states of Austria, states, of which the capital Vienna is the List of largest cities in Aust ...
(by the Treaty of Saint-Germain-en-Laye),
Bulgaria Bulgaria, officially the Republic of Bulgaria, is a country in Southeast Europe. It is situated on the eastern portion of the Balkans directly south of the Danube river and west of the Black Sea. Bulgaria is bordered by Greece and Turkey t ...
(
treaty of Neuilly-sur-Seine The Treaty of Neuilly-sur-Seine (; ) was a treaty between the victorious Allies of World War I on the one hand, and Bulgaria, one of the defeated Central Powers in World War I, on the other. The treaty required Bulgaria to cede various territor ...
), and
Hungary Hungary is a landlocked country in Central Europe. Spanning much of the Pannonian Basin, Carpathian Basin, it is bordered by Slovakia to the north, Ukraine to the northeast, Romania to the east and southeast, Serbia to the south, Croatia and ...
(
Treaty of Trianon The Treaty of Trianon (; ; ; ), often referred to in Hungary as the Peace Dictate of Trianon or Dictate of Trianon, was prepared at the Paris Peace Conference (1919–1920), Paris Peace Conference. It was signed on the one side by Hungary ...
). The Commission relied on a General Secretariat and on General Services, both headquartered in Paris. It was restructured and downsized in late 1924 as a consequence of the
Dawes Plan The Dawes Plan temporarily resolved the issue of the reparations that Germany owed to the Allies of World War I. Enacted in 1924, it ended the crisis in European diplomacy that occurred after French and Belgian troops occupied the Ruhr in re ...
, and eventually disbanded in 1930 following the adoption of the
Young Plan The Young Plan was a 1929 attempt to settle issues surrounding the World War I reparations obligations that Germany owed under the terms of Treaty of Versailles. Developed to replace the 1924 Dawes Plan, the Young Plan was negotiated in Paris f ...
and the establishment of the
Bank for International Settlements The Bank for International Settlements (BIS) is an international financial institution which is owned by member central banks. Its primary goal is to foster international monetary and financial cooperation while serving as a bank for central bank ...
(BIS). The BIS took over the residual activity of the Agent General for Reparation Payments, until the reparations themselves effectively ended by the mid-1930s.


Membership

Seven nations were represented at the Reparation Commission, namely
Belgium Belgium, officially the Kingdom of Belgium, is a country in Northwestern Europe. Situated in a coastal lowland region known as the Low Countries, it is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeas ...
,
France France, officially the French Republic, is a country located primarily in Western Europe. Overseas France, Its overseas regions and territories include French Guiana in South America, Saint Pierre and Miquelon in the Atlantic Ocean#North Atlan ...
,
Italy Italy, officially the Italian Republic, is a country in Southern Europe, Southern and Western Europe, Western Europe. It consists of Italian Peninsula, a peninsula that extends into the Mediterranean Sea, with the Alps on its northern land b ...
,
Japan Japan is an island country in East Asia. Located in the Pacific Ocean off the northeast coast of the Asia, Asian mainland, it is bordered on the west by the Sea of Japan and extends from the Sea of Okhotsk in the north to the East China Sea ...
, the
Kingdom of Serbs, Croats and Slovenes The Kingdom of Yugoslavia was a country in Southeast and Central Europe that existed from 1918 until 1941. From 1918 to 1929, it was officially called the Kingdom of Serbs, Croats, and Slovenes, but the term "Yugoslavia" () has been its colloq ...
, the
United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotlan ...
, and the
United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...
. Since the U.S. had not ratified the Treaty of Versailles, however, their representatives had no official status. Each of the seven nations appointed a delegate and a deputy delegate. Only Belgium, France, Italy and the UK had an unconditional vote.


Leadership

The Commission elected a chair among the delegates for a renewable one-year term. The first chair elected in 1920 was France's
Raymond Poincaré Raymond Nicolas Landry Poincaré (; 20 August 1860 – 15 October 1934) was a French statesman who served as President of France from 1913 to 1920, and three times as Prime Minister of France. He was a conservative leader, primarily committed to ...
. Arthur Salter was appointed the first Secretary General to the commission, a position he held from 1920 to 1922. He was succeeded by
Andrew McFadyean Sir Andrew McFadyean (23 April 1887 – 2 October 1974) was a British diplomat, economist, Treasury official, businessman, Liberal politician, publicist and philosopher. He was born at Leith in Scotland and died at St Mary's Hospital, Paddington ...
from 1922 to 1924.


Agent General for Reparation Payments

Owen D. Young Owen D. Young (October 27, 1874July 11, 1962) was an American industrialist, businessman, lawyer and diplomat at the Second Reparations Conference (SRC) in 1929, as a member of the German Reparations International Commission. He is known for th ...
was the first
Agent General for Reparation Payments The Reparation Commission, also Inter-Allied Reparation Commission (sometimes "Reparations Commission"), was established by the Treaty of Versailles to determine the level of World War I reparations which Weimar Republic, Germany should pay the ...
tasked with overseeing Germany's payments, and was succeeded in October 1924 by
Seymour Parker Gilbert Seymour Parker Gilbert (October 13, 1892 - February 23, 1938) was an American lawyer, banker, politician and diplomat. He is chiefly known for being Agent General for Reparations to Germany, from October 1924 to May 1930. Afterwards, in 1931, he ...
who held the role until 1930. Gilbert's Paris office was initially hosted by the investment bank Morgan, Harjes & Co. From early 1925 onwards, he worked from two offices, respectively in Paris (18, rue de Tilsitt) and Berlin (Luisenstrasse 33).


See also

*
Ottoman Public Debt Administration The Ottoman Public Debt Administration (OPDA) (, or simply ''Düyun-u Umumiye'' as it was popularly known, , ), was a European-controlled organization that was established in 1881 to collect the payments which the Ottoman Empire owed to European ...
*
Moroccan Debt Administration The Moroccan Debt Administration (), formally known as the ''Contrôle de la dette'' from 1904 to 1910 and after that as the ''Administration du Contrôle de la dette publique mahghzénienne'' (referring to the Moroccan monarchy as the Makhzen), ...


References

{{reflist International commissions Organizations established in 1919 Organizations disestablished in 1930