80 THE ECONOMIC CONSEQUENCES OF THE PEACE ch.

and one which Germany should be able to fulfilif she were left her other resources to do it with.

(iv.) The final provision relating to coal ispart of the general scheme of the SeparationChapter by which the sums due for Reparation areto be partly paid in kind instead of in cash. As apart of the payment due for Reparation, Germany is to make the following deliveries of coal or itsequivalent in coke (the deliveries to France beingwholly additional to the amounts available by thecession of the Saar or in compensation for destruc-tion in Northern France ):—

(i.) To France 7,000,000 tons annually for tenyears; 1

(ii.) To Belgium 8,000,000 tons annually for tenyears;

(iii.) To Italy an annual quantity, rising by annualincrements from 4,500,000 tons in 1919-1920 to8,500,000 tons in each of the six years, 1923-1924to 1928-1929 ;

(iv.) To Luxemburg, if required, a quantity of- coal equal to the pre-war annual consumption ofGerman coal in Luxemburg.

This amounts in all to an annual average of about25,000,000 tons.

These figures have to be examined in relation toGermany 's probable output. The maximum pre-war

1 France is also to receive annually for three years 35,000 tons of benzol,50,000 tons of coal tar, and 30,000 tons of sulphate of ammonia.