Jèze, Gaston Keywords: International contracts | Gold clause | Currency depreciation | Law of contracts | Mots clefs: Contrats internationaux | Clause or | Dépréciation des monnaies | Droit des obligations | ABSTRACT The failure of the State, for public loan contracts (domestic loans or external loans), is a current problem, writes Gaston Jeze in 1935. At the present moment, except a few small States (Switzerland, Holland), all the others have more or less seriously missed their commitments. It is certainly, continues the autho…