The Reparation Commission, also Inter-Allied Reparation Commission (sometimes "Reparations Commission"), was established by the Treaty of Versailles to determine the level of World War I reparations which Germany should pay the victorious Allies.[1] It promptly approved a plan for the apportionment of Austrian-Hungarian debt to the successor states that had been proposed by Ludwig von Mises,[2] and its remit was broadened to reparations by other central powers, namely Austria (by the Treaty of Saint-Germain-en-Laye), Bulgaria (treaty of Neuilly-sur-Seine), and Hungary (Treaty of Trianon).[3]: 11
The Commission relied on a General Secretariat and on General Services, both headquartered in Paris. It was restructured and downsized in late 1924 as a consequence of the Dawes Plan,[3]: 13 and eventually disbanded in 1930 following the adoption of the Young Plan and the establishment of the Bank for International Settlements (BIS). The BIS took over the residual activity of the Agent General for Reparation Payments, until the reparations themselves effectively ended by the mid-1930s.