(c) Twenty milliards--after the payment of the debts in the second
category to be taken over by Germany--as part of the reimbursement for
countries which have made credits to the belligerents of the Entente:
that is, the United States, Great Britain and France, in proportion to
the sums lent.
In what material can Germany pay 20 milliards in a few years?
Especially in coal and in material for repairing the devastated
territories of France. Germany must pledge herself for ten years to
consign to France a quantity of coal at least equal in bulk to the
difference between the annual production before the War in the mines
of the north and in the Pas de Calais and the production of the mines
in the same area during the next ten years. She must also furnish
Italy--who, after the heavy losses sustained, has not the possibility
of effecting exchanges--a quantity of coal that will represent
three-quarters of the figures settled upon in the Treaty of
Versailles. We can compel Germany to give to the Allies for ten years,
in extinction of their credits, at least 500 millions a year in gold,
with privileges on the customs receipts.
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