July 30, 2010
Published: 2 Dec 09 08:10 CET
Online: http://www.thelocal.de/national/20091202-23657.html
More than 90 years after Germany signed the Treaty of Versailles to end the First World War, the country continues to pay off reparations, daily Bild reported on Wednesday.
DDP/The Local (news@thelocal.de)
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Your comments about this article:
Britains ww1 debts should be long paid by now.
As far as i know the UK paid off its ww2 debt to the United States by mid 2006.
The "lend&lease" program for the UK costed it around 31 billion us dollars and it also had a second lend&lease contract with Canada and to a cerain amount also with other commonwealth countries which figures i dont know at all.
Thats 31 billion us dollars of the 1940's of course which, taking inflation into account, would be much much more today. MUCH more !
So its hard to say how much the UK has paid overall. Brown was once responsible for the treasury so he might know the exact figures.
With that the UK was the nr.1 debtor of 36 countries that lend, vehicles, tanks, guns ,airplanes , equipment and ammunition from the USA during ww2.
On place 2 was the Soviet Union with purchased war goods worth around 11 billion 1940's dollars.
I believe we were still Iraq in 2006 and we are still in Afghanistan - no we are still paying the US
@cleavage - having problems understanding your argument - the bloke who tried to form a second queue in the bakers this morning just to shove forward didn't look very meek to me - the woman who tried to defend parking in the bike lane yesterday didn't seem very meek to me.
I take JurgenGerman's point about us being shadows of our formers selves, but what weakness are you talking about made us "lose our empire"?
Maybe that explains the change in the "special relationship" as they aren't getting any more money.?
First of all, the initial sum was even 269 billion Goldmark not 226 as stated in the article. Even on the allied side many people considered the scale of the reparations as excessive and not proportional.
The principal representative of the British Treasury John Maynard Keynes resigned in protest over the reparation demands, and subsequently protested publicly in the best-selling "The Economic Consequences of the Peace" published in 1919.
With the contract modifications implemented by the Daws Plan of 1924 the sum was further reduced to 112 billion Goldmarks. The Wall street crash and following Great Depression of 1931 brought Germany and Austria to the brink of financial collapse.
The Lausanne Conference of 1932 resulted in a suspension of the ww1 reparations.The victorious powers of ww1 and Germany agreed to a rest to-be -paid sum of only 3 billion Goldmarks plus interests.
The concession of the German delegation for that was that Germany would stop demanding that the highly controversial "war guilt" , and disarmament paragraphs shall be erased from Versailler contract. Overall the entire ww1 reparations and their results to the german economy played a highly signifacnt role in the rise politcial extremism in Germany and with that the rise of the Hitler and the Nazis.
Thats why the victorious powers of ww2 decided no to demand further reparations from Germany for the second world war. Instead they decided to just confiscate a certain amount of german patents, war goods, planes, cars and ships and Germany's entire foreign assets.
The "two plus four treaty" on german reunification of 1990 was explicitely defined as being a supposition to a peace treaty with the victorious powers of ww2 and therefore not a peace treaty in the usual sense.
This legal "trick" ensured that none of the victorious powers can ever demand additional reparations for the two world wars from Germany than what was agreed upon at the Lausanne Conference.
As for the British compensating the Irish, well, as a British and Irish citizen, I feel qualified to comment; The British didn't systematically and psychopathically murder six million people. They didn't turn Europe into a graveyard and they didn't seek to conquer Europe and cruelly subjugate its people. It's pretty simple really.