H.--25

10

Statement of Amounts held under the War Regulations and the Treaty of Peace Order 1920. 35. The balances held in pursuance of the War Regulations and the Treaty of Peace Order. 1920, as at the 31st March, 1924, have been summarized under the following headings:— Credit Balances: — (1.) Net proceeds of German property retained and liquidated £ s. d. £ s. d in New Zealand, and credited to Germany in accordance with Article 297 of the Treaty of Versailles (see paras. 16-17, supra) .. .. .. 87,406 16 6" T (2.) Sundry credit balances awaiting transfer to the German Liquidation Account .. .. .. .. 97,863 7 5 As indicated in para. 17 of this report, the bulk of these items has been transferred to the German Liquidation Account on schedules which were despatched to the German Clearing Office subsequent to the 31st March, 1924. (3.) Amounts collected subsequent to the 10th January, 1920, which will be credited to the German Liquidation Account unless relative claims are received under Article 296 of the Treaty of Versailles before the final date for the acceptance of such claims (see paras. 43-44, infra) .. .. .. .. .. 442 311 (4.) Net proceeds of Austrian property retained and liquidated in New Zealand and credited to Austria in accordance with Article 249 of the Treaty of St. Germain-en-Laye .. .. .. .. 310 14 11 (5.) Credit balances awaiting transfer to the Austrian Liquidation Account .. .. .. .. 8 3 0 This amount has now been transferred and the'"' necessary schedule forwarded to the Austrian authorities. (6.) Sundry amounts held pending production of satisfactory evidence of non-enemy ownership .. .. 1,192 19* 4 It is probable that these amounts will be released at an early date. (7.) Amounts held on account of British-born wives of German nationals .. .. .. .. 48,850 11 1 In accordance with the policy of the British authorities it has been decided not to credit these amounts to the German Liquidation Account in the meantime. (8.) Proceeds of investments representing savings from earnings made by German nationals while in New Zealand who were not permanently resident in the Dominion on the outbreak of war .. . . 620 2 2 The notes to the preceding amount apply to this item also. (9.) Sundry sums tho disposal of which cannot at present bo definitely determined .. 31,053 6 6 Inquiries to ascertain further particulars in regard to each case have been instituted. (10.) Accommodation interest charged by the Custodian of Enemy Property against debtors who were granted extensions of time for payment of amounts payable to the Custodian in pursuance of the War Regulations .. .. .. .. .. .. 412 4 2 (11.) Difference between sundry credit and debit balances in accounts relative to transactions under Article 296 of the Treaty of Versailles .. .. .. 3,437 9 7 271,597 18 7 Debit Balances: — (12.) Advertising, printing, stationery, sundry expenses .. 2,973 11 2 (13.) Commission charged by the Controller on amounts collected from New Zealand debtors and credited in full to the German Clearing Office in accordance with tho provisions of the Treaty of Versailles .. .. 439 7 3 (1.4.) Bad Debts Account, being claims established by German nationals against New Zealand nationals or firms and credited to the Gorman Clearing Office in accordance with the provisions of the Treaty, but which amounts cannot be recovered owing to the insolvency or disappearance of tho'debtors .. .. .. 684 18 4 r i Carried forward .. .. .. 4,097 16 9 271,597 18 7