State Responsibility — Claims — Distinction between Right of Owner of Property to Claim and that of State from whose Territory Property was Taken.

Treaties — Interpretation of — Miscellaneous — Peace Treaty — Restitution and Reparation Provisions.

War — Effects of Outbreak of — On Enemy Subjects with regard to Their Property — Seizure of Yacht by Belligerent Navy.

Peace Treaties — Performance of — Restitution and Reparation — Property Lost during War — Whether Property must have been in Enemy Territory at Date Specified in Treaty — Circumstances in which Property Lost — Proof that Ship Sunk in Enemy Territorial Waters — Claims under Treaty — Distinction between Right of Owner of Property to Claim and that of State from whose Territory Property was Taken — Measure of Damages.