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The Hague Conference On Reparations
The Hague conference on reparations of 1929–30 was an international conference on World War I reparations that reviewed and adopted the Young Plan, the final attempt during the Weimar Republic to settle the reparations issue. The conference was held in The Hague, Netherlands in two parts, from 6 to 31 August 1929 and from 3 to 31 January 1930. The first session centred around British demands for better terms and a larger share of the reparations payments for itself. Compromises, mostly on Germany's side, eventually resolved the issues. Outside of the formal Young Plan discussions, France agreed to an early withdrawal of the troops occupying the Rhineland in exchange for German concessions on reparations. The second session, which took place after the Wall Street crash of October 1929, set up the Bank for International Settlements to handle the transfer of payments between countries and settled the remaining Young Plan issues despite sometimes furious objections from Germany's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World War I Reparations
Following the ratification of article 231 of the Treaty of Versailles at the conclusion of World War I, the Central Powers were made to give war reparations to the Allied Powers. Each of the defeated powers was required to make payments in either cash or kind. Because of the financial situation in Austria, Hungary, and Turkey after the war, few to no reparations were paid and the requirements for reparations were cancelled. Bulgaria, having paid only a fraction of what was required, saw its reparation figure reduced and then cancelled. Historians have recognized the German requirement to pay reparations as the "chief battleground of the post-war era" and "the focus of the power struggle between France and Germany over whether the Versailles Treaty was to be enforced or revised." The Treaty of Versailles (signed in 1919) and the 1921 London Schedule of Payments required Germany to pay 132 billion gold marks ll values are contemporary, unless otherwise stated in reparatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philip Snowden, 1st Viscount Snowden
Philip Snowden, 1st Viscount Snowden, PC (; 18 July 1864 – 15 May 1937) was a British politician. A strong speaker, he became popular in trade union circles for his denunciation of capitalism as unethical and his promise of a socialist utopia. He was the first Labour Chancellor of the Exchequer, a position he held in 1924 and again between 1929 and 1931. He broke with Labour policy in 1931, and was expelled from the party and excoriated as a turncoat, as the party was overwhelmingly crushed that year by the National Government coalition that Snowden supported. He was succeeded as Chancellor by Neville Chamberlain. Early life: 1864–1906 Snowden was born in Cowling in the West Riding of Yorkshire. His father John Snowden had been a weaver and a supporter of Chartism, and later a Gladstonian liberal. Snowden later wrote in his autobiography: "I was brought up in this Radical atmosphere, and it was then that I imbibed the political and social principles which I have he ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagion began around September and led to the Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International trade fell by more than 50%, unemployment in the U.S. rose to 23% ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Versailles Treaty
The Treaty of Versailles (french: Traité de Versailles; german: Versailler Vertrag, ) was the most important of the peace treaties of World War I. It ended the state of war between Germany and the Allied Powers. It was signed on 28 June 1919 in the Palace of Versailles, exactly five years after the assassination of Archduke Franz Ferdinand, which led to the war. The other Central Powers on the German side signed separate treaties. Although the armistice of 11 November 1918 ended the actual fighting, it took six months of Allied negotiations at the Paris Peace Conference to conclude the peace treaty. The treaty was registered by the Secretariat of the League of Nations on 21 October 1919. Of the many provisions in the treaty, one of the most important and controversial was: "The Allied and Associated Governments affirm and Germany accepts the responsibility of Germany and her allies for causing all the loss and damage to which the Allied and Associated Governments and their ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reichsbank
The ''Reichsbank'' (; 'Bank of the Reich, Bank of the Realm') was the central bank of the German Reich from 1876 until 1945. History until 1933 The Reichsbank was founded on 1 January 1876, shortly after the establishment of the German Empire in 1871. It was the central bank of Prussia, under the close control of the Reich government. Its first president was Hermann von Dechend. Before unification in 1871, Germany had 31 central banks – the Notenbanken ("note banks"). Each of the independent states issued their own money. In 1870, a law was passed that forbade the formation of further central banks. In 1874, a draft banking law was introduced in the ''Reichstag'', the federal legislature of the German Reich. After several changes and compromises, the law was passed in 1875. Despite the creation of the Reichsbank, however, four of the ''Notenbanken'' – Baden, Bavaria, Saxony and Württemberg – continued to exist until 1914 . The Reichsbank experienced bot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Julius Curtius
Julius Curtius (7 February 1877 – 10 November 1948) was a German politician who served as Minister for Economic Affairs (from January 1926 to December 1929) and Foreign Minister of the Weimar Republic (from October/November 1929 to October 1931). Early life Julius Curtius was born on 7 February 1877 at Duisburg in what was then the Prussian Rhine Province. His father Friedrich (1850-1904) owned an ultramarine works at Duisburg and an alum works at . Friedrich's brother was Theodor Curtius, a professor of chemistry. Julius' mother was Adele (1824–98, née Brockhoff). Julius married Adda Carp (died 1950), sister of industrialist Werner Carp, in 1905. They had two sons and three daughters. Curtius studied law at Kiel, Strasbourg and Bonn and was awarded a doctorate at Berlin. In 1905, he started practicing law at Duisburg. After 1911, he began working on issues in the field of public policy (''Staatswissenschaften'') at Heidelberg. He served in the First World War, finishi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Second Müller Cabinet
The second (symbol: s) is the unit of time in the International System of Units (SI), historically defined as of a day – this factor derived from the division of the day first into 24 hours, then to 60 minutes and finally to 60 seconds each (24 × 60 × 60 = 86400). The current and formal definition in the International System of Units ( SI) is more precise:The second ..is defined by taking the fixed numerical value of the caesium frequency, Δ''ν''Cs, the unperturbed ground-state hyperfine transition frequency of the caesium 133 atom, to be when expressed in the unit Hz, which is equal to s−1. This current definition was adopted in 1967 when it became feasible to define the second based on fundamental properties of nature with caesium clocks. Because the speed of Earth's rotation varies and is slowing ever so slightly, a leap second is added at irregular intervals to civil time to keep clocks in sync with Earth's rotation. Uses Analog clocks and watches often have ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
André Tardieu
André Pierre Gabriel Amédée Tardieu (; 22 September 1876 – 15 September 1945) was three times Prime Minister of France (3 November 1929 – 17 February 1930; 2 March – 4 December 1930; 20 February – 10 May 1932) and a dominant figure of French political life in 1929–1932. He was a moderate conservative with a strong intellectual reputation, but became a weak prime minister at the start of the worldwide Great Depression. Biography Tardieu's paternal grandmother was the composer and pianist Charlotte Tardieu. Andre Tardieu was a graduate of the elite ''Lycée Condorcet''. He was accepted by the even more prestigious ''École Normale Supérieure'', but instead entered the diplomatic service. Later, he left the service and became famous as foreign affairs editor of the newspaper ''Le Temps''. He founded the conservative newspaper ''L'Echo National'' in association with Georges Mandel. In 1914, Tardieu was elected to the Chamber of Deputies from the ''département'' of S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Treaty Of Versailles
The Treaty of Versailles (french: Traité de Versailles; german: Versailler Vertrag, ) was the most important of the peace treaties of World War I. It ended the state of war between Germany and the Allied Powers. It was signed on 28 June 1919 in the Palace of Versailles, exactly five years after the assassination of Archduke Franz Ferdinand, which led to the war. The other Central Powers on the German side signed separate treaties. Although the armistice of 11 November 1918 ended the actual fighting, it took six months of Allied negotiations at the Paris Peace Conference to conclude the peace treaty. The treaty was registered by the Secretariat of the League of Nations on 21 October 1919. Of the many provisions in the treaty, one of the most important and controversial was: "The Allied and Associated Governments affirm and Germany accepts the responsibility of Germany and her allies for causing all the loss and damage to which the Allied and Associated Governments and t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seymour Parker Gilbert
Seymour Parker Gilbert (October 13, 1892 - February 23, 1938) was an American lawyer, banker, politician and diplomat. He is chiefly known for being Agent General for Reparations to Germany, from October 1924 to May 1930. Afterwards, in 1931, he became an associate at J. P. Morgan. Early life Parker Gilbert was the son of Seymour Parker and Carrie Jennings ( Cooper) Gilbert. Gilbert was educated at Rutgers College, graduating at the age of 19, and received a L.L.B. from Harvard Law School at 22, where he was the editor of the Harvard Law Review from 1913-1915, and later an honorary degree in 1930 for his work in reparations. Career From 1915-1918, he practiced law with Cravath and Henderson in New York. At age 27, he was offered a cabinet post in the Wilson Administration, as Assistant Secretary of the Treasury, and continued to serve in the Harding Administration. In 1924, he was appointed Agent General for Reparations by the Allied Reparation Commission, succeeding the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lord Snowden
Philip Snowden, 1st Viscount Snowden, PC (; 18 July 1864 – 15 May 1937) was a British politician. A strong speaker, he became popular in trade union circles for his denunciation of capitalism as unethical and his promise of a socialist utopia. He was the first Labour Chancellor of the Exchequer, a position he held in 1924 and again between 1929 and 1931. He broke with Labour policy in 1931, and was expelled from the party and excoriated as a turncoat, as the party was overwhelmingly crushed that year by the National Government coalition that Snowden supported. He was succeeded as Chancellor by Neville Chamberlain. Early life: 1864–1906 Snowden was born in Cowling in the West Riding of Yorkshire. His father John Snowden had been a weaver and a supporter of Chartism, and later a Gladstonian liberal. Snowden later wrote in his autobiography: "I was brought up in this Radical atmosphere, and it was then that I imbibed the political and social principles which I have held fun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rudolf Hilferding
Rudolf Hilferding (10 August 1877 – 11 February 1941) was an Austrian-born Marxist economist, socialist theorist,International Institute of Social History, ''Rodolf Hilferding Papers''. http://www.iisg.nl/archives/en/files/h/10751012.php politician and the chief theoretician for the Social Democratic Party of Germany (SPD) during the Weimar Republic, Smaldone, William, ''Rudolf Hilferding and the total state.'', 1994. http://www.encyclopedia.com/doc/1G1-15867926.html being almost universally recognized as the SPD's foremost theoretician of this century. David E. Barclay, Eric D. Weitz, Michael Kreile. ''Between Reform and Revolution: German Socialism and Communism from 1840 to 1990'' https://books.google.com/books?id=hpzno0qNY34C&pg=PA373 He was also a physician. He was born in Vienna, where he received a doctorate having studied medicine. After becoming a leading journalist for the SPD, he participated in the November Revolution in Germany and was Finance Minister of Ger ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
