Protocol For The Reconstruction Of Austria
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The Protocol for the Reconstruction of Austria was an agreement concluded on 4 October 1922 between the
government of Austria The Government of Austria (german: Bundesregierung der Republik Österreich) is the executive cabinet of the Republic of Austria. It consists of the chancellor, who is the head of government, the vice chancellor and the ministers. Appointme ...
and the governments of Great Britain, France, Italy and
Czechoslovakia , rue, Чеськословеньско, , yi, טשעכאסלאוואקיי, , common_name = Czechoslovakia , life_span = 1918–19391945–1992 , p1 = Austria-Hungary , image_p1 ...
, providing for a gradual reconstruction of Austrian economy under League of Nations supervision. It was registered in League of Nations Treaty Series on the same day. The Spanish government acceded to the protocol on 3 November 1922.


Terms

The Protocol consisted of three declarations, all issued on the same date. In Declaration No. 1, the signatory parties undertook not to violate Austrian territorial or economic independence. Declaration No. 2 regulated the foreign loans to be granted to the Austrian government and established a Committee of Control to consist of the other signatory parties to overlook the allocations of funds during reconstruction. Declaration No. 3 granted the Austrian government the time required to arrange internal legislation to conform to Declaration No. 2 as well as the right to appeal certain decisions made by the Committee of Control.


Aftermath

The 1922 protocol was supplemented by the "Austrian Protocol" signed on 15 July 1932, under which the governments of Belgium, Britain, France, Italy and the Netherlands undertook to lend the Austrian government 300,000,000 Austrian Schillings for a period of 20 years.Text of the 1932 protocol in ''League of Nations Treaty Series'', vol. 135, pp. 286-299.


See also

* Protocol for the reconstruction of Hungary


Sources


Text of the Protocol

An article about the protocol


* New York Times report about the conclusion of the Protoco


Further reading

* Marcus, Nathan. ''Austrian Reconstruction and the Collapse of Global Finance, 1921–1931'' (Harvard University Press, 2018). * Salter, Arthur. "The reconstruction of Austria." ''Foreign Affairs'' 2.4 (1924): 630-643
online
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Notes

Aftermath of World War I in Austria League of Nations treaties Treaties of the First Austrian Republic Treaties concluded in 1922 Treaties of the French Third Republic Treaties of the United Kingdom (1801–1922) Treaties of the Kingdom of Italy (1861–1946) Treaties of Czechoslovakia Interwar-period treaties 1922 in Switzerland 1922 in Austria {{Austria-stub