2. Le total des sommes perçues au titre des contributions au cours d

Boni î c x e n t i c i .
G6EG2iuniq.ué au Cçr.ÿ-ëil
A l a page 10,
p artie
5 ? a l i n é a 2, l i r e :
2 . Le t o t a l d e s sommes p e r ç u e s a u t i t r e d e s c o n t r i b u t i o n s
au c o u r s d e s n e u f p r e m i e r me i s de 193-1
s ' e s t élevé à . .
e
,
2 2 , 8 9 4 »Q7 Û?52
francs-or
C onfidential.
Communicated t o
the C o u n c i l .
C . 7 0 I . I Q 3 2 ,X. E r r a t u m ,
Geneva,
O cto ber 5 t h , 1932.
LEAGUE OF NATIONS
FINANCIAL POSITION ON bSPTSilBLR J O t h 1 9 3 2 .
Memorandum b y t h e S e c r e t a r y - G e n e r a l .
page 9 , p a r t 5j p a r a g r a p h 2, r e a d
2.
L u r i n g t h e f i r s t n i n e m o n t h s o f 1931 »
th e t o t a l paym ents r e c e i v e d from c o n t r i b u t i o n s
amounted to .
...............................
2 2 , 8 9 4 , 070.52
gold f r a n c s
'
• ■L-AG-Üx
i^.Tioi:>s
c.701. 1932.x.
Confident!si
,neva, October 3rd, 1932.
Communiea tod to
the flounc
W "
L SiHPTIffIBZR 30 th. 1932.
Mémorandum by tr
#w£tfudget for 1932 was cocwrunicated by the Secretaryx C e n L f c l o n l.oveiaber 2nd, 1931 to all the .Id'ibers of the League,
\
'
.
together with a statement shoring the amount of the contribu­tion
\
/
w h i c h ’fell to be borne by each Sxate.
Payments were received since the beginning of the year as
follows :
In respect of
the 14th period
(1932)
Gold francs.
1,742,453.68*
Zdb.
1 ,982,021.0b
In respect of
arrears
Gold francs.
457,649.92
In respect of
adjusted
arrears
Gold frare s.
451.09
-
-
To tal
Gold francs.
2,2V C ,559.69
1,9 o 2 ,021.06
opi
:rx•n )
~-1- Jac
v»1 W
lirch
357 ,726.04
562,915.92
451.09
ipril
2,710,581.26
731,197.69
-
3,441,778.95
lay
1,855,29- .39
-
-
1,855,298.39
June
2,938,665.39
July
2,276,027.36
-
-
893,725.77
2,085,042.08
-
-
2,085,042.08
ber 5,372.060.92
—
§
[i
6,081.78
893,795.77
-ugust
L
31,279.59
1.
19,937,652.19
1,783,043.12
5,372,060.92
6,983.96
22,727,679.27
This figure includes the sum of 700,COO francs w hi c h , in
accordance with a decision trieen by the last Assembly v as ta en
from the Building B’u n d , in order to be refunded to those States
Members of the League who ore entitled to such refund. This
refund being effected by reducing, pro tanto, most of the
contributions receivable for 1932, the sum of 700,00 : francs
was considered as having actually been paid by the I'enb.ers
of the League on January 1st, 1932.
-
■1.
2
-
UNPAID CONTRIBUTIONS
The contributions still unpaid in respect of the first
thirteen periods (1919-1931) including contributions readjusted
according to the decisions of the Fourth and Fifth (1923 and
1924) Assemblies are as follows :
First Financial Period: (1919-20).
"
All contributions have been
paid or adjusted.
Second Financial Period: (July 1st to December 31st , 1920 )
Gold francs.
Peru (balance)
..................................
26,952.72
99-|°Jq of the revised total of
contributions for 1920 has been paid.
Third Financial Period: (1921)
Peru (balance)
.....................................
187,499.70
99^$ of the revised total of
contributions for 1921 has been paid.
Fourth Financial Period: (1922)
Peru (balance)
..................................
182,040.30
99% of the revised total of
contributions for 1922 hcs been paid.
Adjusted arrears account of States vjjth balances still payable.
(Decisions of the Fourth and Fifth Assemblies).
Reduced
amount
Gold francs.
Honduras .. 55,326.58
Nicaragua..
55,326.58
Paraguay...
25,618.—
Salvador..
60,850.-Cold francs.197,121.16
Paid on
account
Gold francs.
7,265.13
10,247.20
48,673.91
66,186.24
Balance due
payable in
instalments.
Gold francs.
55,325.58
48,061.45
15,370.80
12,176.09
130,934.92
Fifth Financial Period: (1923)
Bolivia (balance) .................................. , 90,000.—
Honduras (entire contribution) .....
27,196.51
Nicaragua
do.
27,196.51
Peru (balance) ........................................244,768.61
389,161.63
99% of the revised total of contributions
for 1923 has been paid.
lH’r.ii... CO..THÏBI i I
■
,coxitd. )
Sixth Financial Period : (1924)
G-old francs .
Bolivia (balance) ..................................
Honduras (entire contribution) ...................
!icaragua
do.
F cru (balance ) ..... ............ ....... ........ .
104,284.01
23,174.23
23,174.23
203 ,566. 02
359,200,49
38;, of the revised total of
contributions for 1924 has been paid.
The figures shovu above represent the revised
contributions, i.e. the contributions less the amount included
for the roimburstiLiont of the Temporary Contributions to the
orking Capital Fund which
as repaid in 1925 to the States
which had pai" their quota for 1924 (see reports of the Auditor
and of the Supervisory Commission documents a . 3.1926 a; page 69 and
.4.5.1928/''., paragraph 10).
Seventh Financial Period : (1925)
Bolivia (balance) .................................
Honduras (entirecontribution) ....................
Nicaragua
do.
Peru (balance) ....................................
109,049.86
24,253.10
24,233.30
216,099.73
375,616.19
98/v of the revised total of contributions
for 1925 has been paid.
eighth Financial Period: (1926)
Bolivia (Balance) .................................
Honduras (entire contribution) ......
Ficaragua
do.
..................
Peru (balance) ....................................
98;; of the revised total
for 1926 has been p a i d .
of contributions
88,100.63
24,472.39
24,47 2.39
198,226.59
335,271.8u
Ninth Financial Period : (19 27)
Bolivia (balance) .................................
Honduras (entire contribution)
..... ..........
Nicaragua
fo.
.... .............
Paraguay (balance) ...............................
Peru
d o .................................
86,940.32
24.150.v9
24,150.09
17,593.24
195 ,515 .73
v 4 8 ,449.47
98>: of the revised total of contributions
for 19::7 has been paid.
Ulji-AID C0ivTuI B'-j T10i .S ( c o n t d . )
Tenth Financial Period:
(19 28)
Gold francs.
Bolivia (bal: ne o) .................. c
.....
Honduras ( -do- )
........ «« ...... 12 ,405.62
Kicaragua (entire cortributi n) ......
89 ,320 =01
24,81.1,11
126,536.74
9Q>- of the revised total of con­
tributions for 1923 has boen paid =
Eleventh Financial. P ericd : (1929)
argentine
ho 1 ivi a
Guatemala
Honduras
iH c ar agua
Paraguay
Peru
(entire contribution)
« 736,553.14
— do —
. . o . . . . . . . . . . . . . . . .
10v),£ulo.7 /
25 ,719 .73
-do........
(balance ) ........«.(i^o.c.co..........••••
i ^ ?ca38 •40
(entire co nt r ibu vi on / .*..*.»•*•••.«••.••
(balance ) .... ...... »...............
» 21,203.37
-do220 ,625. 30
1 ,149,522.65
95% of the revised total of con­
tributions for 1929 has been paid.
Twelfth Financial Period: (1930)
Argentine (entire contribution) .....
791,290.53
Bolivia
-do.......... .......... 112,765.07
Chile
(balance)
16 ,150 .94
Cuba
-do.
, , .,......
36 ,236 .30
Dominican Republic (balance) ...... ...............
3,771,07
Guatemala (entire contribution)
......
27,007.06
Honduras
-do23,191.27
Liberia (balance) ......
3 ,732 ,,88
Nicaragua
-do.......... ..............
9,553.32
Paraguay (entire contribution) .....................
27,553.28
Peru
-do.
253,721.39
Salvador (balance) ......... o..... . ...............
17,826„07
Uruguay -do.............
78,924.02
1,407,373.70
95>, of the revised total of con­
tributions for 1930 has been paid.
Consolidated arrears Ac count of CnIKL-v
By decision of the 11th Assembly (1930) the unpaid balance
of China’s contributions for the years 1922-lv30 is payable by
equal annual instalments over a period of 20 years.
Total due on Dec. 51st
1930
Gold francs
9,708,917.36
Paid by
Instalment:
Gold francs
965 ,704.95
Balance payable
in instalments
'Gold francs
8,743,212.41
-
5
-
UNPAID CONTRIBUTIONS (Contd.)
Thirteenth Financial P e r i o d :
(1 9 3 1 )
Cold francs
2 9 ,5 6 1 . 7 7
8 8 0 ,8 5 2 . 6 4
1 2 5 ,13.8.4-0
4 2 7 ,6 5 9 .—
719 >433 «52
43»408.21
2 7 5 ,3 6 7 •3&
31 ,l6 l . 6 4
3° «6 9 5 .3^
28, 6 3 6 . 3 0
3 1 >279 *59
64,173*37
3 1 >2^0 .59
12, 8 1 6 . 5 1
2 9 ,9 4 0 . ^ 9
30,641.60
2 8 1 ,5 1 6 . 3 4
213,776.12
Albania (balance) ......................
Argentine (entire contribution) ......
Bolivia
- do ...........
Chile
- do China (balance) ...................... .
Colombia - do - .......................
..........
Cuba
(entire contribution)
Dominican Republic - do ............
Guatemala
- do ............
Haiti
- do ............
Honduras
- do ............
Hungary (balance) ......................
Liberia (entire contribution) .........
Nicaragua (balance) ....................
Panama
- do Paraguay (entire contribution) ........
Peru
- do Uruguay
- do -
3^287,787.15
89 ^ of the total of contributions
for 19 31 has be on paid.
Résumé of Contributions in Arrears on September 50th, 1^52
Cold francs
Second Financial Period (1 9 2 0 ) ......
Third
"
"
(1 9 2 1 )
Fourth
"
"
(I9 2 2 )
Adjusted arrears account ..............
Fifth Financial Period
(1 9 2 3 ) ........
Sixth
"
(1 9 2 4 ) ........
Seventh
"
"
(1925) ........
Tighth
"
"
(1 9 2 6 ) ........
Ninth
»
"
(1 9 2 7 ) ........
Tenth
«
"
(1 9 2 8 ) ........
Eleventh
»
"
(l§2 q) ........
Twelfth
"
"
(1930) ........
Consolidated arrears (China : I 9 2 2 -I 9 3 0 )
Thirteenth Financial Period (I9 3 I )
....
2 6 ,9 5 2 . 7 2
1 8 7 ,4 9 9 . 7 0
l82,04C.30
130,934*92
3 8 9 ,1 0 1 . 6 3
359,200.49
375,6l6.iq
3 3 5 ,2 7 1 . 8 0
348,449.47
1 2 6 ,5 3 6 . 7 4
1 ,1 4 9 ,5 2 2 . 6 5
1,407,373.70
8,743,212.41
3 *2 8 7 ,3 8 7 .15
177049,159.87'
The corresponding figure on September 30 t h , lrj3l was
1 4 ,2 6 5 ,0 5 8 . 6 2
2 ,7 0 4 ,1 0 1 . 2 5
-old francs.
The arrears
are therefore
'old francs greater than they were on tho
same date of last year.
-
6
-
FOURTEENTH
G L 1 PERIOD - 19^2
Contributions reoeive-d,
gum taken from the Building Fund in deduction of
contributions for 1932 (see note page 1 )
Abyssinia
South Africa
entire contribution
IT
1
Gold f rarxc
700 0 0 0 . 66 6 8 9 . 9 3
484 417,81
391 I5 I.O 9
Denmark
C-reat Britain
3 , 4 6 6 499-54
India
1,854 5 8 8 . 8 3
31 9 3 9 . 9 1
Luxemburg
Norway
471 6 6 7 . 8 5
291 0 1 4 , 8 7
Netherlands
753 654,48
Portugal
191 1 1 3 . 4 2
luxico
295 579.78
1 , 3 1 1 834,92
Siam
Spain
Sweden
586 7 2 6 . 4 6
Switzerland
554 599.15
Australia
Austria
Belgium
on account
it
ft
Bulgaria
China
Dominican Republic
Estonia
Finland
Fruncc-
439 537.96
152 9 0 6 . 5 8
414 6 0 8 . 81 211.54
772 2 0 7 . 4 0
25 913. 73 9 6 5 , 8 4
165 5 0 8 . 8 5
1,950 0 2 2 , 1 7
Guatemala
170 6 6 8 , 2 0
(-f,/ ,>V,A
4.
Irish Free State
1G 6 7 2 4 . 2 4
G-reoce
Italy
1,477 6 8 8 . 7 8
Japan
983 6 2 6 , 8 6
Latvia*
49 0 8 4 . 6 0
Lithuania
77 7 3 9 . -
Nicaragua
6 955•30
New Zealand
164 5 7 9 . 4 8
Poland
592 154.24
Roumania
Czechoslovakia
Tfti•■•osId via
357 728.04
rthe balance of its contribution on Oct. 1st.
237 1 9 8 . 3 3
_ 163 2 8 1 . 8 0
19,937 6 5 2 . 1 9
-
5.
7
-
WORKING CAPITAL FUKD.
The total s u b paid into the Working Capital Fund up to
Ivenber 3 0 th, 1932, was 5,474,026.96 gold francs,
lop
Interest
in which accrued
amounting to 1,156,043 - 5 2 francs is, by order of the Sixth
1925) Assembly,
included.
The working capital is regarded as available for the temporary
he of the several autonomous league organisations in the following
Importions :
Gold francs
iaj Secretariat Share (inclusive of inter es t).............
3,506 .217.75
ft) Share of the International Labour Office
(inclusive of interest ) .......................... .
1, 498, 530.75
ic) Share of the Permanent Court of International
Justice (inclusive of interest).......... .. ............
Tot a l
4691 278.46
5,474,026.96
Ihe Secretariat1s share of the Working Capital
was on September 30th, 1932, thus employed:
.....................
Advance to Danzig High Commission
39,147*05
?. Expenses of Committee of Jurists appointed to study
the question of the use of the Port of Danzig by
Poland ................................................ ...
24, 994.55
Î. Balance of Advance on
10,000» —
First Iraq Commission ...........
|(. Commission of Enquiry in Manchuria
Construction of Wireless Station
[f. Commission of Enquiry
in Liberia
.....................
.................
293,888.37
816,899-13
.....................
19, 908.95
mint on deposit with League Bankers at Geneva......... .. 2,301,379.70
Total
.....
3,506,217-75
Of their respective shares of the Working Capital Fund,
1^)797,715.63 francs
(including 1931 deficit of 545.318.45 francs) and
1^63,562.32 francs have been advanced to the International Labour
Kffice and to the Permanent Court of International Justice.
There is at present in the custody of the Secretary-General
l'
ne sun of 2,007,910,96 gold francs in the form of Working Capital.
-
4.
8
-
L E AGUE BUILD JITG- PUFO ,
The Assembly,
at its Seventh Ordinary Session (1926)
fixed the amount of the Building Fund at a total of
1 6 ,702, 8 4 1 c22 fr an c s , to which will be added interest and,
in due cours e, the proceeds of the sale of the Hotel National
The Building Fund, which also covers the cost of the
new building of the International Labour Office,
is made up
as follows s
Gold f r a n c s ,
1, Net surplus of the financial year 1923
1,139»580.45
2. Total surplus of the financial year 1924
9#395,721.35
3 » Payments by the Argentine Hepublic for
the financial years 1 9 2 2 and 1923
1,927,184.35
4. Payments by the Argentine Bepublic for
the financial year 1924
872. 5 507 =79
5. Surplus of the financial year 1925
3,367,847*28
6 . Part of surplus of the financial year
1928 (Decision of 1929 Assembly)
1,479,161.12
7• Retention in the Building Fund, in
accordance with decisions of the
Assembly, of such part of the
Terminable Annuity payable on account
of building operations of the League
(675,000 francs in 1929, 1 9 3 0 , 1931
and 1 9 3 2 ), as was not returned to the
States entitled thereto
2,700,000»—
Total
20,882,002.34
-
9
-
Gold f r a n c s .
Interest e t c . received up t) Septcinber 30tn, 1932, ------------amounted to ........................ .. .......... 3,407,729*60
An instalment amounting to 2,563,576.90 Swiss
francs, equivalent to U.S.A. f. 500,000.- has been
received for the construction of thé new library,
the cost of which will be met by donations from
I-lr. John D. Rockefeller, Juns .
The expenditure so far incurred for this
building amounts to 903,120.- Swiss francs.1
FURftnSHSD ffUKD for New Buildings j ■
Allocation from 1926 cash surplus (Decision
of I 9 2 7 Assembly) ........ ............. ........
500,000.—
Allocation from 1928 cash surplus (Decision
of 1929 Assembly) ..... ................ ..........250.,000.—
Interest on above
.................................... .128,114.54
Total;
5.
878,114.54
PJPIiARIvS .
Comparison with the figures of the corresponding
period of 1931 shows that:
Gold f r a n c s .
1.
The total -sum -in .ar.re.as on September 3'0th,
1931 ? was .........................14 ,265, (J5.S .,63
while on September 30th, 1932,
2.
it is
.17, 049,159 *87
During the first nine months of 1931, the
total payments received from contributions
amounted to ...................... ............ 21,329,901*99
while during the corresponding period of 1932
they amounted to .............................. 22 ,7-27, 6,79 •27*
* See Note page 1.
-
manquements.
2
-
Lu s faits ont déjà été présentés au Conseil an grand
détail dans las rapports qua lui a soumis la Comité financier.Ce
Comité est damaure an contact étroit avec las pays an quasticn.
Il a régulière.,.ent entendu làs déclarations des représentants de
leurs gouvernements.
Il a envoyé des délégations spéciales étu­
dier sur plaça las conditions locala s at il a été an masure de se
tenir constamment au courant de leur développement, grace à ses
représentants qui résidant en Autriche et en Hongrie, ainsi que
grace au Commi ssairo de la Société des Nations en Bulgarie.
Le Comité a pris acte de la déclaration faite par le
1)
Gouvernement hongrois la 4. août dernier au sujet du service do
1 ’emprunt de reconstruction hongrois de 1 9 2 4 et de celle, on
date du 25 août, du Gouvernement autrichien au sujet du service
des emprunts extérieurs autrichiens.
La Comité est heureux de constater q u e , conformément
aux recommandations du Conseil, les gouvernements bulgare at hel­
lénique ont, afin d ’éviter des me nquement s unilatéraux, pris
contact avec les représentants des porteurs, à la suite de quoi
des propositions d 1arrangements provisoires ent été recommandées
aux porteurs.
Le Comité espèr„ que tous les Etats qui ont en ce
moment cessé d 'assurer en tout ou en p r tie
le service des em­
prunts émis sous lus auspices de la Société des Nations feront
tous leurs efforts pour reprendra intégralement , à la ds te la
P-us rapprochée possible, 1 ’exécution des engagements qu'ils
ont contractés..
Le Comité recommande
a)
que le Comité financier soit chrrgé d ’apporter un
-ttention toute spéciale aux responsabilités qui incombant à la
ùr-niété du fait des emprunts émis sous ses auspices ....
(1 ) Voir document C . 708 .1 9 ^^ •II
r
x2 ) Voir Appendice au document G .681 •&-. 3^7 .1 9 ^^. II. A
-
3
-
et de rechercher si de nouvelles initiatives peuvent, à
l'heure actuelle, être prises en vue de remédier à la situa­
tion;
b) que les pays se trouvant en état de manquements à
l ’égard d ’emprunts conclus sous les auspices de la Société des
Nations aient pleinement recours à l ’aide technique de^ conI
sei11ers de la Société et tiennent le Conseil exactement au
courant de la situation par 1 ’intermédiaire du Comité Financier.
D'accord avec le Comité,
j'ai 1 'honneur de proposer au
Conseil la résolution suivante :
LE CONSEIL
prend acte du mémoire en date du 18 juillet 1932 que
la "League Loans Committee” (Londres) lui a adressé au
sujet de la situation
des emprunts émis sous les auspices
de la Société des Nations, ainsi que du ra_
ort du sous-
comité no Limé par lui, le 3 octobre;
Eu égard aux circonstances dans lesquelles ces emprunts
ont été émis e t au fait
que. l ’approbation et l ’appui du
Conseil étaient essentiels peur leur émission,
il a cons­
cience de Ir responsabilité spéciale qui lui incombe à
l ’égard de ces emprunts et exprime à nouvuC u la très grave
inquiétude avec laquelle il constate que certains Elfats
continuent de manquer aux obligations qu'ils ont contractées:
Il
a pris ? cte de 1
déclaration faite le 4 août p-r r
le Gouvernement hongre is au sujet du service de 1 ’emprunt
hongrois de 1 9 2 4 et de le déclaration fc ite le 2 p août par
le Gouvernement autr ionien au su j_t du service des emprunts
extérieurs de l ’Autriche ;
4
Est heureux do const; ter que, d 'accord r v eo sîs
reoemee :idc tiens, les Gouv ,l me: -u..i-x s
ont, afin d'éviter
hellénique e t bulgare
un -ernque ;ent unilatéral ,7*ri s contact
e.vec les représentants des porteurs, à li suite de quoi
des propositions d'an- n cèdent s provisoires oet été recom­
mandées aux porteurs.
a
confi nce
possibles
pou.
rapprochée
ont
qu.; c e s i t n t s
reprendre
feront
tous l e s
efforts
i n t é g r a l e m e n t , à une d a t e
quo p o s s i b l e , 1 ' e x é c u t i o n d e ^ n g a .enehts
au: s i
qu'ils
contractés;
charge le Comité financier d ’apporter un a attention
toute spéciale aux responsabilités qui iuccmVeu t à cet -fa: r d
3 la ° c j.été
it de r .c.a_ relier si de nouvelle s initit iatives
peuvent, à l ’m u r e
actuelle , j tro prise s en vue de remédier
à la situation;
déclare- estimer qu - tout pays se trouvant en état de
manquement
à 1 *égr rd d'un emprunt émis sous le s ruspices
de laSociété doit • voir plein^ ont recours à l 'aide
oeounique
Société et tenir le Conseil s x e t o m - n t
eu courent d ; la situation per 1 ’intermédiai
f inancier.
eu Ce.ait e