David Lloyd George Quotes
Pay to the last farthing!
1st Earl Lloyd-George of Dwyfor. Demands for German reparations were very popular with the British electorate at the end of World War I.
David Lloyd George, 1863-1945, British Prime Minister (Liberal), Campaign Slogan during the negotiations for the Treaty of Versailles
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After WWI, the Germans were reluctant to make the reparation payments that they had agreed to in the peace treaty. The French, to “motivate” the Germans, occupied the German Ruhr Valley—an area that contained very important German heavy industry and coal mines that could not function under the occupation. See {640091}.
Their fear was that wages in Germany would be greatly depressed by the requirement for reparations. And it was the capitalists of the world that had loaned money to the powers to finance the war. Most of the reparations they feared would go to repay those loans.
and later wife. Stevenson is describing the German foreign minister’s behavior at Versailles and Lloyd George’s angry reaction.
The Germans pretended to maintain the treaty and when the French totally evacuated the Rhineland, Hitler started his preparation for WWII and a little later invaded France. Clemenceau had been snookered.
This was 6 years after the German defeat in WWI. That Dream helped propel Hitler to power and the German aggression of WWII.
Germany had just attacked Russia with whom it had a treaty. For a while, Hitler paid little attention to Italy and just gave their “ally” orders and instructions. Italian public opinion was concerned about the same question. See {627973} .
David Lloyd George, 1st Earl Lloyd-George of Dwyfor, OM, PC was a Welsh statesman who served as Prime Minister of the United Kingdom from 1916 to 1922. He was the final Liberal to hold the post of prime minister, but his support increasingly came from the Conservatives who finally dropped him.