Monday, Aug. 11, 1924
Reparations Paid
No one has ever been able to agree on how much Germany has paid. The Reparations Commission came forward last week with a neatly prepared statement. Germany has paid:
Gold Marks
Cash 2,000,900,000
Kind* 3,570,042,042
Seizures 2,834,990,000
Total 8,405,932,042
From which must be deducted 3,030,655,000 gold marks--cost of Armies of Occupation and loan made to Germany under the Spa Agreement.
Seizures made by France and Belgium in the Ruhr are not included in the statement. These were considered to amount to 600,000,000 gold marks. Therefore, the total effective sum to be debited from the total reparations figure during the five years which the Treaty of Versailles has been in force is about 6,000,000,000 gold marks.
*The produce or designated commodity itself, as distinguished from its value in money.