Aliens — Position of — Subjection to territorial sovereignty of receiving State — Currency regulations of general character — Prejudicial consequences of — Whether foreign creditor is able to escape such consequences.

Aliens — Position of — Non — discrimination — Discriminatory treatment of property — Definition of — Under Chapter Ten of Convention on the Settlement of Matters Arising out of the War and Occupation, 1952-1954 — Concept of “impairment” — Currency reform — Effects of — Whether constituting discriminatory treatment.

War — Effects of outbreak of — On enemy subjects with regard to their property — Control and blocking of enemy assets — Compatibility with international law — German Regulations — Restitution and compensation claims arising out of measures against enemy property — Satisfaction of such claims under Convention on Settlement of Matters Arising out of the War and Occupation, 19521954.