continuing system of inspection and control of her production be exercised by the four powers or   
the world organizaticn, to prevent rearmament? 4. Shall areas of minerals and/or vital industrial   
centres be put under international ownerskip, part ownership or regulation? 5. Shall her   
importations of vital commodities essential to war production be put under the control of the four   
powers or an international body?
 
 
 
III. Economic. The vital problem of reparation and restitution, which the British group have   
discussed with our group, and on which a Dritish tentative memorandum has been provided, raises   
the question to what extent and in what space of time do we wish to see Germany recover as a   
prosperous world factor. This consideration affects the amount, means and time of settlement of   
reparations and restitutions. Shall the provision of manpower, as well as materials, by Germany   
to Russia, France and the other countries bs acceptable as a credit on reparations and restitutions   
accounts? What effect will the provision of manpower have upon the economic adequacy of Germany's   
internal economy, as avoiding serious unrest or worse? What will the United States demand of   
Germany by way of reparation and restitution?
 
     
 
 
In due course some of the economic questions which will confront the nations in which the   
attitude of Russia will be of vital importance, are:-
 
        
 
 
a. What role will Aussia play in any international monetary and exchange institution that   
may emerge:
 
        
 
 
b. Will Russia be desirous of any foreign capital assistance (loans) to hasten its   
reconstruction? Will Russia have an interest in participating in an international investment   
organization?
 
        
 
 
c.  Does the Russian Government contemplate that its participation in international trade  
will be greater after the war than before the war, either in relation to its own domestic   
production or in relation to the total of world trade? On what terms is Russia prepared to conduct   
its export trade? Is it prepared to sell abroad at the same prices as obtained for the same   
commodities internally or will it "dump"? What effect will its trade have on world markets? Will   
it attempt