Capitulation of New York
121
instructed to cease all further naval attack on New York are as follows:
"I. The payment by the City of New York of an indemnity of five billion dollars.
"II. The payment of the first installment to be made in the form of five hundred million dollars in gold, the same to be delivered within twenty-four hours of the signing of this agreement.
"III. The surrender of the Custom House, New York, and its occupation by German forces until the payment of the balance of the indemnity has been completed.
"IV. The surrender of the Chelsea steamship piers for the use of the German troopships.
"V. The surrender of all armories in New York and Brooklyn for the use of the troops of the German Expeditionary Force.