Treaty of Stockholm, 1898
Posted: 23:40:48 Thursday, 11 February, 2016
Treaty of Stockholm
RECOGNIZING that the Treaty of Hanover was vague and faced by international scrutiny has had to be confirmed with Sweden-Norway. And that the Treaty of Hanover was an obstacle in the way of peace in Europe and the exploration of the Arctic a new treaty was to be signed under the following conditions;Article I: STATING that Austria-Hungary and the German Empire shall get limited whaling, fishing, and mining rights. Whaling and fishing rights to all of Svalbard's coast shall be given to Austria-Hungary and Germany, but, to respect Sweden-Norway's sovereignty a Swedish-Norwegian vessel shall accompany all whaling and fishing expeditions. Along with that, limited mining rights shall be given to the nearest area of the base.
Article II: ENFORCING that a maximum profit of 100 credits each month shall be made by Austria-Hungary and the German Empire. A total of 1200 credits maximum is collected at year's end, with 33% of the profit going to Austria-Hungary, 33% going to the German Empire, and 34% going to Sweden-Norway. A monthly tax of 10 credits a month shall be paid, with 5 credits coming from Austria-Hungary and 5 credits coming from the German Empire.
Article III: RECOGNIZING that Svalbard is under Swedish-Norwegian sovereignty and that both Austria-Hungary and the German Empire shall recognize that fact. And that any member of the expedition sent to Svalbard (excluding diplomats) shall follow Swedish-Norwegian law.
Article IV: AUSTRO-HUNGARIAN and German sovereignty over the base is temporary, and that the two parties' sovereignty must be renewed by Sweden-Norway every 6 months.
Article V: TO ENFORCE all regulations in the Treaty of Stockholm are followed a monthly inspection by Swedish-Norwegian officials in the base shall be required.