Page:The Czechoslovak Review, vol4, 1920.pdf/285
to be elected from among the Mayors of the province who are to be selected very shortly. For the purpose of electing the Russian members of the council the province will be divided into ten districts, from each of which one representative will be selected.
In accordance with the Treaty of St. Germain the reparation commission is to determine the proportion of the Austro-Hungarian pre-war debt each of the new states is to assume. Nothing has been done in this respect. Czechoslovakia has conscientiously carried out her part of the Treaty. The amount of the total obligation she is to assume is still undetermined and, as a haze, it hangs over the state, no one knowing when or with how much the new state will be deluged. It seems but fair that this proposition should be immediately determined.
In its closing days, the National Assembly passed a bill authorizing the organization of a state bank of issue. While many are under the impression that immediately upon the passage of that law the organization of the bank would be undertaken, it is well to note that the act provides that a monetary system must first be provided before any steps may be taken regarding the bank. Therefore, the passage of the law was somewhat premature. As Jan Kalousek remarks, “Such laws have no practical value particularly when their form must again be reframed when other laws are passed, of which no one at this time has any conception, and therefore we are unable to determine their effect.”
In Paris an exhibition of Czechoslovak industrial art crafts is now in progres. The comments of the local press are encouraging and highly flattering. The demand for these products has increased thereby stimulating the home industries. It is hoped that the exhibits will be brought to this country and placed on view in suitable rooms.