The Peace Treaty of Versailles was all the more strange in the way the Allies were approaching the conference. For England and the USA settlement of peace throughout a war-torn Europe meant differently, not exactly what France had in mind by securing peace. England had her own agenda; so had the USA.
France realized at the end that her one time allies were behaving more like enemies. The French were for four years trying to fight off the Germans who had invaded their soil and bore the biggest losses. Of course what with the Germans having too many men and too many industries turning out arms she could not have won the war all alone. At the decisive moment the US entering into the war tipped the scale in her favor. The Allies had won the war.
But at the Peace Treaty friends were more like enemies and at the end France would be left with a feeling that she could not depend on others for deciding her future.
The question of reparations was their biggest hurdle.The Allies backed away from making the loser pay. France never received from Germany enough to pay more than 20% of the cost of rebuilding. The more France asked the less she received thanks to the Allies who were more for peace than doing justice to their ally who had to live with an enemy too close for comfort. England and America were safe from Germany geographically. So they could stop France from asking for a buffer state between Germany and her. France annexed Ruhr region as the talks dragged on but had to give back.
As for Reparations what the Allies at Versailles had stipulated, Germany could scale down since the Allies were fighting each other. The British were intent on restoring German markets, that had been so profitable to them before the war and what with the war was over they wanted to revive their own sluggish economy by making Germany pay less by way of reparations. The Americans had their eyes on the potential German market too. The US bankers were eager to lend loans at profitable interest rates. Neither had any real sympathy for the plight of France.
Germany deliberately wrecked their currency the mark falling to four million to a dollar by Aug 1923 and eventually to 25 billions. Germany could renege on the reparations in so many ways and of 123 billion gold marks assessed in 11921 towards reparation Germany never had to pay a single mark out of their own resources. What they borrowed from America were never repaid and in a way the naive Americans footed the German Reparations bill.
The way France was deprived of her just claims by opportunistic Allies was a timely lesson for her. This must have made Charles deGaulle not to join the American camp when the Cold War was being fought in real earnest. (Stalin’s Non-Aggression Pact with Germany must have stemmed from his distrust of the West, partly from the manner the Allies had let down France.)
benny
Archive for February 10th, 2011
Reparations: France stands alone
Posted in history, tagged deGaulle, German economy, hyperinflation, the Allies on February 10, 2011 | Leave a Comment »
Pen Portraits-Dr. Martin Luther King
Posted in personalities, tagged African Americans, bigots, Black Panther movement, freedom rides, I have a dream speech, Montgomery, non violence, red necks, sit-ins, Uncle Tom mentality, white supremacy on February 10, 2011 | Leave a Comment »
Dr.Martin Luther King (1929-1968) Civil Rights Pioneer
It fell to Lincoln to abolish slavery by a law but Luther King gave the blacks their self-respect. Civil Rights movement captured the nation’s imagination in 1957 when he led the African Americans of Montgomery,Alabama in a boycott if buses which ended seregation of blacks on buses practically every city in the South. His sit-ins in 1960 enabled them to share lunch counters, libraries,parks with whites. His ‘freedom rides’ ended segregation in inter-state travel. These and much publicized confrontation with’Bull’ Connors, the brutal Birmingham Police chief in 1963 hit the climax when they marched to the Capitol which resulted in the pushing through Congress the Civil Rights legislation. Law helped and publicizing the segregation to give Afro-Americans equal rights in their daily lives were also succeeded. But did he really clear up the nation’s prejudice against the blacks was a question that didn’t have ready answer. The non-violent methods by which Dr. King achieved a social revolution held up the precepts of Gandhi and Thoreau and also the Christian ideals that he as a minister found useful. He certainly put the Afro-Americans in the South on a plane of moral superiority in the wake of outrages that sporadically broke out. The Racial doctrines by which the extreme Right groups were unleashing violence against the Jews and the blacks sounded false and out oif step with the times. His life was threatened his home was bombed and he had certain premonitions of death and his moral courage shone through in these sombre period. He tiirelessly toured through the country preaching non violence and in his spell-binding style of his vision for future. His style of delivery and content were spontaneous to give an emotional edge in the listeners but none matched ‘I have a dream’ speech given on the steps of the Capitol Hill.
benny