This is expressly provided for in Article 238 of the Treaty.
1.

_Immediately Transferable Wealth_ (_a_) _Gold_ .-- After deduction of the gold to be returned to Russia, the official holding of gold as shown in the Reichsbank's return of the 30th November, 1918, amounted to $577,089,500.

This was a very much larger amount than had appeared in the Reichsbank's return prior to the war,[117] and was the result of the vigorous campaign carried on in Germany during the war for the surrender to the Reichsbank not only of gold coin but of gold ornaments of every kind.

Private hoards doubtless still exist, but, in view of the great efforts already made, it is unlikely that either the German Government or the Allies will be able to unearth them.

The return can therefore be taken as probably representing the maximum amount which the German Government are able to extract from their people.