limitation is placed on exports, on which no special duty may be
levied.

Exports from Alsace and Lorraine into Germany to be exempt from duty,
without right of reciprocity (Art. 268).

Germany delivers to the Allies all the steamers of her mercantile
fleet of over I,600 tons, half of those between 1,000 and I,600 tons,
and one-fourth of her fishing vessels. Moreover, she binds herself to
build at the request of the Allies every year, and for a period of
five years, 200,000 tons of shipping, as directed by the Allies, and
the value of the new constructions will be credited to her by the
Commission of Reparations (Part viii, 3).

Besides giving up all her colonies, Germany surrenders all her rights
and claims on her possessions beyond the seas (Art. 119), and all
the contracts and conventions in favour of German subjects for the
construction and exploiting of public works, which will be considered
as part payment of the reparations due. The private property of
Germans in the colonies, as also the right of Germans to live and
work there, come under the free jurisdiction of the victorious States
occupying the colonies, and which reserve unto themselves the right to
confiscate and liquidate all property and claims belonging to Germans
(Art. 121 and 297).

The private property of German citizens residing in Alsace-Lorraine is
subject to the same treatment as that of residents in the ex-German
colonies. The French Government may confiscate without granting any
compensation the private property of Germans and of German concerns in
Alsace-Lorraine, and the sums thus derived will be credited towards