H-Debate on Versailles Tr. - Google Drive - 0 views
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She points out that the territorial settlement, which deprived Germany of 13% of its territory, 10% of its population, and 13.5% of its economic potential, in fact involved the transfer of much German land that “was French, Walloon, Danish, or Polish in population and culture” (652).
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Her main insight about reparations—which has been highlighted by Mark Trachtenberg6 and others-- is that the Allied leaders in Paris were caught in a terrible dilemma: they recognized that post-war Germany would be incapable of bearing the enormous financial burden of rebuilding the territories ravished by its armies during the war. But they also knew that their publics had been led to expect Germany to pay for the entire cost of reconstruction and would cashier any head of government who settled for anything less than full payment.
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territory that Germany wrested from Bolshevik Russia in the March 1918 Treaty of Brest- Litovsk and planned to force France and Belgium to cede if Germany had won in the west.
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They therefore resorted to a masterly sleight-of-hand: Under Article 231 of the peace treaty, Germany would be required to acknowledge full responsibility for the damage done. Article 232 would concede that Germany could not be expected to pay beyond its capacity. Thus, the Allied publics would have the satisfaction of knowing that Germany would be required to accept responsibility for the damage caused by its military forces in northeastern France, Belgium, and elsewhere. The Weimar Republic should have been relieved to learn that it would it not be required to pay a war indemnity or the actual costs of the war, as France had after 1871 at the end of a war in which no German territory had been damaged. Germany should also have been pleased to note that the reparation bill would be based not on the total amount of damage caused but rather on Germany’s economic wherewithal to pay.
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But Marks notes that no amount of reparation payment would have been acceptable to the leaders of the Weimar Republic because such payments were erroneously connected in the mind of the German public with the widespread myth of the “war guilt clause.” As she has reminded us in her earlier work, the word “guilt” does not appear in the notorious Article 231, and virtually identical language was included in the treaties signed with Germany’s allies. Yet the myth of the “war guilt clause” unilaterally imposed on Germany, which was propagated in the early 1920s by Weimar officials and opinion makers, has stood the test of time and continues to find its way into histories of the peace settlement.
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On the question of Germany’s capacity to pay, Marks is merciless in dissecting and disproving the various claims of penury. “There are those, not all German, who claim that reparations were unpayable,” she observes. “After 1871, France, with a much smaller economy than Germany’s fifty years later, paid nearly as much in two years (by French estimate) to liberate its territory as the Weimar Republic paid from 1919 to 1932”
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She points out that “Germany’s tax rates [in the 1920s] were abnormally low and remained so....Raising taxes would have provided ample funds, as the Dawes Committee discovered. Weimar could have borrowed from the citizenry, as France did after 1871.”Moreover the postwar German economy “was intact, having been spared devastation and denudation [which the major reparation recipients France and Belgium had experienced.] There were lavish social subsidies, unmatched by the victors.
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In the end, as Stephen A. Schuker has shown, the Weimar Republic actually paid no net reparations at all, discharging its reparation bill with the proceeds from American bank loans and then defaulting on both reparations and foreign debts in the Great Depression.
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So much for the claim that the ‘burdensome’ reparations requirement of the peace treaty led to the collapse of the German economy and the advent of Hitler.