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Weimar Republic Essay


Its tragedy was that it failed consistently to convince the zealots of the political extremes of the constructive good sense of that policy. When international economic crisis undermined the Republic, its foreign policy of restrained national reassertion was to be one of the first casualties of its collapse."" (252 Morris). .
             The Treaty of Versailles had left the German government devastated, as the republic could not pay the costs of the debts. Unable to pay the 6.6 Billion pound fee, foreign opposition was determined to make Germany pay, even if necessary to occupy raw materials for themselves. France and Belgium troops marched in to the industrial city of Ruhr and occupied it by force, which was legal under the Treaty of Versailles. Proclaiming a policy of passive resistance, Germany lost a huge industrial advantage. Due to the actions in Ruhr, the government was unable to pay the damages and began printing more bills. Hyperinflation broke out and the Weimar Republic was the one to blame. Old people who lived on fixed pensions or savings found that these were now worthless, as well many small business and private trade became impossible. The state at which inflation increased was absurd and damaging to the German economy as the following passage explains:.
             " One fine day I dropped into a café to have a coffee. As I went in I noticed the price was 5000 marks - just about what I had in my pocket. I sat down, read my paper, drank my coffee, and spent altogether about one hour in the café, and then asked for the bill. The waiter duly presented me with a bill for 8000 marks. Why 8000 marks?' I asked. The mark had dropped in the meantime, I was told. So I gave the waiter all the money I had, and he was generous enough to leave it at that."" (Source 6 The Memories of a German Writer).
             Inflation in 1923 destroyed all savings and there was little or not money left for further investment.


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