416 
the which sums added together, 
will amount to the sum total of 
payment due each day. 
VI.—The Allied Powers con- 
vinced that it is as much their 
interest as that of France, that 
too considerabie a sum of Bons au 
Porteur should not be issued at 
once, agree, that there never 
shall be in circulation Bons for 
more than fifty millions of francs 
at a time. 
VII.—No interest shall be paid 
by France for the delay of five 
years, which the Allied Powers 
allow to her for ‘the payment 
of the seven hundred millions of 
francs. 
VIIf.—On the Ist of January, 
1816, there shall be made over 
by France to the Allied Powers, 
as a guarantee for the regularity 
of the payment, a fund of in- 
terest inscribed in the Grand 
Livreof the Public Debt of France, 
of seven millions of francs, on a 
capital of one hundred and forty 
millions. 
This fund of interest shall be 
used to make good, if there should 
be need of it, the deficiences in 
the Acceptances of the French 
Government, and to render the 
payments equal, at the end of 
every six months, to the Bons au 
Porteur, which shall have fallen 
due, as shall be hereafter de- 
tailed. 
IX.—This fund o. interest shall 
be inscribed in the name of such 
persons as the Allied Powers shall 
point out; but these persons can- 
not be the holders of the inscrip- 
tions, except mm the case provided 
for in the eleventh article ensu- 
ing. The Allied Powers further 
reserve to themselves, the right 
to transfer the inscriptions to 
ANNUAL REGISTER, 
1815. 
other names, as often as they shall 
judge necessary. 
X.—The deposit of these in- 
scriptions shall be confided to one 
Treasurer named by the Allied 
Powers, and to another named by 
the French Government. 
XI.—There shall be a mixed 
Commission, composed ofan equal 
number on both sides, of Allied 
and French Commissioners, who 
shall examine, every six months, 
the state of the payments, and 
shall regulate the balance. The 
Bons of the Treasury paid, shall 
constitute the payments; those 
which shall not yet have been 
presented to the Treasury of 
France, shall enter into the ac- 
count of the subsequent balance; 
those also which shall have fallen 
due, been presented, and not paid, 
shall constitute the arrear, and 
the sum of inscriptions to be ap- 
plied at the market price of the 
day, to cover the deficit. As soon 
as that operation shall have taken 
place, the Bons unpaid shall be 
given up to the French Commis- 
sioners, and the mixed Com- 
mission shall order the treasurers 
to pay over the sum so deter- 
mined upon, and the treasurers 
shall be authorised and obliged 
to pay it over to the commis- 
sioners of the Allied Powers, who 
shall dispose of it as they shall 
think proper. 
XII.—France engages toreplace 
immediately in the hands of the 
treasurers, an amount of inscrip- 
tions equal to that which may 
have been made use of, according 
to the foregoing article, in order 
that the fund stipulated in the 
eighth article may be always kept 
at its full amount. 
XI1I.—France shall pay an inte- 
