The Protocol for the Reconstruction of Austria was an agreement concludued on 4 October 1922 between the government of Austria and the governments of Great Britain

Great Britain

Great Britain or Britain is an island situated to the northwest of Continental Europe. It is the ninth largest island in the world, and the largest European island, as well as the largest of the British Isles...

, France

France

The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...

, Italy

Italy

Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and...

 and Czechoslovakia

Czechoslovakia

Czechoslovakia or Czecho-Slovakia was a sovereign state in Central Europe which existed from October 1918, when it declared its independence from the Austro-Hungarian Empire, until 1992...

, providing for a gradual reconstruction of Austrian economy under League of Nations

League of Nations

The League of Nations was an intergovernmental organization founded as a result of the Paris Peace Conference that ended the First World War. It was the first permanent international organization whose principal mission was to maintain world peace...

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 of the Protocol

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. It 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 in order 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, the United Kingdom of Great Britain and Northern Ireland, France, Italy and the Netherlands undertook to lend the Austrian government 300,000,000 Austrian Schilings for a period of 20 years.

Sources

• Text of the Protocol
• An article about the protocol
• Another explanation
• New York Times report about the conclusion of the Protocol http://query.nytimes.com/gst/abstract.html?res=9505E1DB1E39EF3ABC4D53DFB6678389639EDE

For further reading

• H. Strauss, Die Verträge von Genf und Lausanne in ihrem wirtschaftlichen, politischen und sozialen Umfeld (Diplomarbeit, Wien 1988)