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The Treaty of Versailles (signed in 1919) and the 1921 London Schedule of Payments required the Central Powers to pay 132 billion gold marks (US$33 billion at the time) in reparations to cover civilian damage caused during the war. This figure was divided into three categories of bonds: A, B, and C. Of these, Germany was required to pay towards ...
The Treaty of Versailles was an important step in the status of the British Dominions under international law. Australia, Canada, New Zealand and South Africa had each made significant contributions to the British war effort, but as separate countries, rather than as British colonies.
The Reparation Commission, also Inter-Allied Reparation Commission (sometimes "Reparations Commission"), was established by the Treaty of Versailles to determine the level of World War I reparations which Germany should pay the victorious Allies. [1] It promptly approved a plan for the apportionment of Austrian-Hungarian debt to the successor ...
The Young Plan was a 1929 attempt to settle issues surrounding the World War I reparations obligations that Germany owed under the terms of Treaty of Versailles.Developed to replace the 1924 Dawes Plan, the Young Plan was negotiated in Paris from February to June 1929 by a committee of international financial experts under the leadership of American businessman and economist Owen D. Young.
War reparations are compensation payments made after a war by one side to the other. They are intended to cover damage or injury inflicted during a war. War reparations can take the form of hard currency, precious metals, natural resources, industrial assets, or intellectual properties. [1] Loss of territory in a peace settlement is usually ...
t. e. Article 231, often known as the "War Guilt" clause, was the opening article of the reparations section of the Treaty of Versailles, which ended the First World War between the German Empire and the Allied and Associated Powers. The article did not use the word guilt but it served as a legal basis under which Germany was to pay reparations ...
The Treaty of Brest-Litovsk was a separate peace treaty signed on 3 March 1918 between Soviet Russia and the Central Powers (Germany, Austria-Hungary, the Ottoman Empire, and Bulgaria), by which Russia withdrew from World War I. The treaty, which followed months of negotiations after the armistice on the Eastern Front in December 1917, was ...
The Dawes Plan temporarily resolved the issue of the reparations that Germany owed to the Allies of World War I. Enacted in 1924, it ended the crisis in European diplomacy that occurred after French and Belgian troops occupied the Ruhr in response to Germany's failure to meet its reparations obligations. The Plan set up a staggered schedule for ...