In the discussion of the economic
clauses, the reply states that the
principles made by President Wilson
and embodied in the covenant of the
League of Nations a to the equality
of trade conditions will be brought
itnto effect when the world returns tc
normal, but in the meantime a trans
itory regime is essential to save cer
tain alliel states from a position of
econon.ic Inferiority because of the
damage done to their territories dur
ing the war. Reciprocity is Impossi
ble at present and a general and in
discriminate . reappllcation of multi
lateral and bilaterial treaties cannot
be accepted.
Consular relations exe not recipro
cally established, owing to the war
activity of German consuls. Private
property of Germans abroad may be
Justly used ' to meet reparation
charges. The possibility of German
institutions for research and educa
tion. It la Held, 'cannot toe immune In
the light of their past activities."
The German proposals to a marine
navigation nave not been accepted. It
la pointed out that German objections
to tha clauses pertaining to ports and
, waterways are too general to admit
of a detailed reply. -After outlining
the objections made in the German
counter proposals, the reply declares
that until the transitory period is
passed and general conventions can be
laid down, it - has appeared essentia!
that the provisions of this section of
the treaty must be enforced.
