| From the Ratification of the Treaty of Versailles to the Second Ultimatum of London | [11] | |
| Excursus I.—Coal | [44] | |
| Excursus II.—The Legality of Occupying Germany East of the Rhine | [57] | |
CHAPTER III
| The Burden of the London Settlement | [64] | |
| Excursus III.—The Wiesbaden Agreement | [92] | |
| Excursus IV.—The Mark Exchange | [100] | |
CHAPTER IV
| The Reparation Bill | [106] | |
| Excursus V.—Receipts and Expenses prior to May 1, 1921 | [131] | |
| Excursus VI.—The Division of Receipts between the Allies | [138] | |
CHAPTER V
| The Legality of the Claim for Pensions | [144] |
CHAPTER VI
| Reparation, Inter–Ally Debt, and International Trade | [163] |