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C. — RESOLUTIONS.
The Second Committee has the honour to propose to the Assembly the adoption of the fol¬
lowing resolutions:
“i. The Assembly, being convinced of the great importance of the problems of double
taxation and fiscal evasion, thanks the Financial Committee, the economists and Government
experts who have examined these questions, and expresses its desire that these studies may within
a short time lead to an agreement on certain general principles.
“2. The Assembly expresses its appreciation of the work undertaken or continued by the
Financial Committee with a view to promoting the reconstruction of certain European countries.
It feels confident that the technical opinion and the advice of the Committee may, in the future
as in the past, be placed at the disposal of Governments which make a request to that effect, as
has been done up to now in the case of Albania, Austria, the Free City of Danzig and the problem
of the Greek refugees.
“3. The Assembly, realising the desirability and urgency of assuring by an international
agreement a more general recognition of the validity of the arbitration clause designed to regulate
by means of arbitration disputes arising out of contracts, and especially out of commercial contracts,
concluded between persons subject to the jurisdiction of different States;
“Recognising the great importance which commercial circles attach to the prompt settlement
of this question;
“Considering that the text of the attached Protocol submitted by the Second Committee
differs from that which was communicated to the Members of the League by Letter Circular 56
of May 26th, 1923, only as regards a tew details of drafting, which do not involve any modifi¬
cations of substance:
“Decides to open the attached Protocol immediately for signature by the States, expressing
the desire to see the greatest possible number of States adhere to it as soon as possible.
“4. The Assembly, emphasising the importance, for the establishment of normal trade
relations, of the object of the Conference on Customs Formalities which will open in Geneva on
October 15th, and recognising that the achievement of this object would be a further step towards
a more equitable treatment as regards the commerce of the States, expresses the hope that the
attendance of the States will be the largest possible and that the Conference may result in common
agreement between the participating States.
“5. The Assembly notes with satisfaction that the Economic Committee has succeeded in
drawing up, for the guidance of Members, a series of principles regarding the treatment of foreign
nationals and enterprises duly admitted to establish themselves or to exercise their commerce or
industry on the territory of another State. It endorses the action of the Council in recommending
the States to put these principles into practice, both by the adaptation of their national legislation
and by the conclusion of bilateral agreements.
“6. The Assembly notes with satisfaction the steps taken towards the establishment, by
means of international action, of better provisions against unfair competition. It notes the con¬
clusions of the Economic Committee as regards the protection of consumers against worthless
goods. .
“It further nptes the desire expressed by various delegations for the protection, not only
of producers against unfair competition, but also of consumers against dishonest trading. Whilst
fully aware that the suppression of these practices depends on the initiative of each individual
nation, it nevertheless hopes that the Economic Committee will discuss the possibility of inter¬
national action with a view to the protection of consumers.
“7. The Assembly notes the conclusions of the Economic Committee with regard to the
unification of the regulations relating to bills of exchange. It also notes the further progress made
towards the unification of methods of compiling economic statistics.
“8. The Assembly refers for careful examination to the Economic Committee the proposals
of M. Adatci, with the exception of the proposal respecting the reservation in regard to coasting
trade, with which the Second Conference on Communications and Transit should deal if it thinks
necessary. . .
“9. The Assembly notes the first measures taken by the Economic and Financial Organi¬
sation as regards the collaboration with the International Labour Office in the enquiry on the
economic and financial aspects of the unemployment crisis. It also notes that the Economic Com¬
mittee has decided to extend its study to the general problem of the preser t economic crisis, of
which unemployment is but one consequence.
“10. The Assembly follows with satisfaction the development of the publications of the
Economic and Financial Organisation. It appreciates the utility of this documentation, which
elucidates the present grave monetary, budgetary and economic problems.
“n. The Assembly notes with satisfaction the resolution, adopted by the Council on Sep¬
tember 10th last, to prolong until further order the term of office of the Economic and Financial
Commission. The Assembly, in view of the substantial results already achieved by this body,
expresses its confidence that much useful work will be accomplished by it in the future.