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Politics : Foreign Affairs Discussion Group

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To: Ilaine who wrote (9393)11/8/2001 12:04:05 PM
From: Bilow  Read Replies (1) of 281500
 
Hi CobaltBlue; About reparations. As long as we're complicating the issue and looking at root causes, note that France had to pay reparations to Germany after the Franco-Prussian war. The reparations at the time were thought to be debilitating (5 billion gold francs), but the French paid them with far less problem than thought. Some links:

naval-history.net
stabi.hs-bremerhaven.de
google.com

-- Carl

P.S. I seem to recall that a 20 franc gold piece is 1/4 oz. You can buy them all over fairly cheaply, and they make a beautiful collection, with a set of the faces of Napoleon on through the various Empires and Republics until the 20th century. That puts the reparations at 62.5 million ounces of gold, or about $18.75 billion in current dollars. That was a huge amount back then, I wonder what the US budget was...
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