the partial settlement of eventual French claims (Art. 53 and 74).
The property of the State and of local bodies is likewise surrendered
without any compensation whatever. The allies and associates reserve
the right to seize and liquidate all property, claims and interests
belonging, at the date of the ratification of the treaty, to
German citizens or to firms controlled by them, situated in their
territories, colonies, possessions and protectorates, including the
territories surrendered in accordance with the clauses of the treaty
(Art. 217).

Germany loses everything with the exception of her territory:
colonies, possessions, rights, commercial investments, etc.

After giving the Saar coal fields in perpetual ownership to France in
reparation of the temporary damages suffered by the French coal mines,
the treaty goes on to establish the best ways and means to deprive
Germany, in the largest measure possible, of her coal and her iron.
The Saar coal fields have been handed over to France absolutely, while
the war damages of the French mines have been repaired or can be
repaired in a few years. Upper Silesia being subject to the plebiscite
with the occupation of the allied troops, Germany must have lost
several of her most important coal fields had the plebiscite gone
against her.

Germany is forced to deliver in part reparation to France 7,000,000
tons of coal a year for ten years, besides a quantity of coal equal
to the yearly _ante-bellum_ output of the coal mines of the North of
France and of the Pas-de-Calais, which were entirely destroyed during
the War; the said quantity not to exceed 20,000,000 tons in the first
five years and 8,000,000 tons during the five succeeding years (Part