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1, Many countries, including Kuaaia and China, believe that the proposed quotas art inadequate for thair need*. 2* Several countries* including Russia, wish to haTe a reduction of 50 portent in tht required gold subscription of oountries that have suffered substantial damage by enemy action or occupation. 3. I l l t l i wishes to have gold subsoriptior. based on not holdings of gold, offsetting their gold holdings in part by gold obligations. 4* Kussla believes that the requirement to repurchase loot! currency with gold should not apply to newly-mined gold* 5* Belgium, China, Csechoalovakia, Netherlands and several other occupied countries favor a mere flexible provision &r the alteration of exehangt rates* 1M particular, they favor sotting exchange rates provisionally at the time of the establisfcasnt of the fund* leaving definitive rates for subsequent determination • 6. itussia wishes to reserve power to change hear exeha&ge rats without the approval of the Rind since she holds that her exchange rate has no offset on international transactions* 7* Several countries object to the d o s e relationship between quotas and voting power. Russia believes that* in determining voting power* other considerations than those entering into the determination of quotas should be considered. 8. U»K« wishes TO ting power In the executive coiaiUte to be in the order of importance of the countries but not necessar&y vary closely n U t i d to their quotas. 9* Australia and BeXgiua believe that no neaber counts? ihould \m p«ntltt«d to nave aor« than 20 or 25 pareanfc of tha aggregate vote*. 10. lfe» 0*S« ami Canada favor a provision undtr which &m votaa of creditor countriaa would ba inertaaad and th« rotes of tha debtor eountriwi wou3.d ba daereasod in voting on question* relating to th» sale of oxehango. XX* Many countries believe that aera prelaw* ahoold fea pat upon creditor countries, whose currencieu hav« been declared In scarce supply, to secure an appropriate balance of payasnts. silver £ir gold in the subscriptions to the fund*
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