Here is everything you need to know about this key treaty. When was it signed? Early the following year the process of negotiating peace began with the opening of the Paris Peace Conference.
Background[ edit ] Avocourt, one of the many destroyed French villages where reconstruction would be funded by reparations Inthe First World War broke out. In part, this speech called for Germany to withdraw from the territory it had occupied and for the formation of a League of Nations. Extensive looting took place as German forces removed whatever material they could use and destroyed the rest.
Hundreds of mines were destroyed along with railways, bridges, and entire villages.
Prime Minister of France Georges Clemenceau was determined, for these reasons, that any just peace required Germany to pay reparations for the damage it had caused.
Clemenceau viewed reparations as a way of weakening Germany to ensure it could never threaten France again. He also argued that reparations should include war pensions for disabled veterans and allowances for war widows, which would reserve a larger share of the reparations for the British Empire.
In FebruaryForeign Minister Count Ulrich von Brockdorff-Rantzau informed the Weimar National Assembly that Germany would have to pay reparations for the devastation caused by the war, but would not pay for actual war costs.
However, he proceeded to deny that Germany was solely responsible for the war. Instead of stating " Germany accepts responsibility of Germany and her allies causing all the loss and damage The Treaty of Versailles stated that a Reparation Commission would be established in This commission would consider the resources available to Germany and her capacity to pay, provide the German Government with an opportunity to be heard on the subject, and decide on the final reparation figure that Germany would be required to pay.
The money would be used to pay Allied occupation costs and to buy food and raw materials for Germany. Therefore, the treaty required Bulgaria to pay a sum equivalent of 2. This would not be credited towards the reparation figure.
They would, however, be credited for these goods. The Germans countered with an offer of 30 billion.
Furthermore, "Allied experts knew that Germany could not pay billion marks and that the other Central Powers could pay little. Thus, the A and B Bonds, which were genuine, represented the actual Allied assessment of German capacity to pay.
Commodities paid in kind included coal, timber, chemical dyes, pharmaceuticals, livestock, agricultural machines, construction materials, and factory machinery.
The gold value of these would be deducted from what Germany was required to pay. The German Government was to issue bonds at five per cent interest and set up a sinking fund of one per cent to support the payment of reparations.
Inthe Bulgarian reparation obligation was abandoned following the Lausanne Conference. When the Treaty of Lausanne was signed inTurkish reparations were "eliminated altogether". The sign on the left reads "The Ruhr remains German". The right placard reads "We never want to be vassals".
From the initiation of reparations, German coal deliveries were below the level agreed.
In an attempt to rectify this situation, the Spa Conference was held in July At this conference it was decided that Germany would be paid five marks per coal ton delivered to facilitate coal shipments and help feed the miners.
Despite this, Germany continued to default on her obligations. French and Belgian delegates urged the seizure of the Ruhr to encourage the Germans to make more effort to pay, while the British supported postponing payments to facilitate the financial reconstruction of Germany.
The timber quota was based upon a German proposal and the default was massive. Britain was the lone dissenting voice to both measures.The treaty of Versailles was one of several peace treaties which signaled the end of the devastating years of World War I.
The Treaty of Versailles (French: Traité de Versailles) was the most important of the peace treaties that brought World War I to an end. The Treaty ended the state of . Oct 25, · The Treaty of Versailles was the primary treaty produced by the Paris Peace Conference at the end of World War I. It was signed on June 28, , by the Allied and associated powers and by Germany in the Hall of Mirrors in the Palace of Versailles . The Treaty of Versailles stated that a Reparation Commission would be established in This commission would consider the resources available to Germany and her capacity to pay, provide the German Government with an opportunity to be heard on the subject, and decide on the final reparation figure that Germany would be required to pay.
It sealed the end of . In a speech to the Reichstag on 17 May , Adolf Hitler denounced the Treaty of Versailles because, in part, it had imposed such large reparations payments as to leave Germany in economic shambles.
Armistice and the Treaty of Versailles When German leaders signed the armistice, many of them believed that the Fourteen Points would form the basis of the future peace treaty, but when the heads of the governments of the United States, Great Britain, France, and Italy met in Paris to discuss treaty terms, the European contingent of the "Big Four" had another plan altogether.
Cartoon: The cost of Reparation. After almost exactly a year of discussions and negotiations, the groundwork had been laid for five Major Peace Treaties, the most significant of . Oct 25, · The Treaty of Versailles was the primary treaty produced by the Paris Peace Conference at the end of World War I.
It was signed on June 28, , by the Allied and associated powers and by Germany in the Hall of Mirrors in the Palace of Versailles . Reparations were the payments required by the Treaty of Versailles, by which Germany had to pay to repair all the damage of the war..
To the victors, it seemed fair. Germany had caused – and in Clause had accepted the blame for – the war.