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Author Topic: Curious History : WW1 to end officially on Sunday  (Read 246 times)
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hermes2007
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« on: September 28, 2010, 14:49:37 »

I was a bit surprised too.
The First World War will officially end on Sunday, 92 years after the guns fell silent, when Germany pays off the last chunk of reparations imposed on it by the Allies.

http://www.telegraph.co.uk/news/worldnews/europe/germany/8029948/First-World-War-officially-ends.html
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Mike Hawkins
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« Reply #1 on: September 28, 2010, 19:16:20 »

Time to put away the gas mask and smoke the last of my "Woodbines".
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Bazza
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« Reply #2 on: September 28, 2010, 20:57:35 »

At last.. I can come out of the woods, I've been through a few chilly winters in my little dug out.  Wink
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If it wasn't for cider I'd be NORMAL!!
Mike Hawkins
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« Reply #3 on: September 28, 2010, 21:14:39 »

At last.. I can come out of the woods, I've been through a few chilly winters in my little dug out.  Wink

I knew you were there. I could see the reflection off your trench periscope!!
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cuthbert-murray
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« Reply #4 on: September 28, 2010, 22:02:58 »

well that is interesting hermes thanks for that one ! It may be Interesting to see when the repatriations will end for the second world war by germany , we all know Britain finally paid off the bill to the usa last year for their assistance , be Interested what you can find out?
mike
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hermes2007
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« Reply #5 on: September 29, 2010, 06:12:28 »

Complex question Mike.

The Potsdam Conference of August 1945 specified that both Germany and Japan would be required to pay war reparations. Given the economic and social disruptions in Japan and Germany following the end of the war, the reparations were at first an immense burden. Japan made its last payment in 1976. Germany continues to make voluntary payments to holocaust victims.

In fact, the US funnelled millions and millions of dollars into Germany after the war to rebuild the portions occupied by the British, French and the US. The US offered to extend the same money to the portions occupied by the Soviets, but Stalin refused.

The Soviet Union's enemies — Hungary, Finland and Romania—were required to pay $300,000,000 each to the Soviet Union. Italy was required to pay $360,000,000, shared chiefly between Greece, Yugoslavia, and the Soviet Union. The much larger reparations from occupied Germany to Russia were to be paid not by goods or money but by the transfer of capital goods, such as dismantled manufacturing plants. A separate Reparations to the western victors consisted mainly of free coal deliveries as well as of machinery and dismantled factories, of which the majority went to France, with some going to Britain. Germany and Italy also paid in the form of POW-provided forced labor; 100,000 in Britain and 700,000 in France. The U.S settled for appropriating German patents as well as all German company assets in the U.S. The "intellectual reparations", such as patents and blueprints, taken by the U.S. and the UK amounted to close to $10 billion, equivalent of around $100 billion in 2006 terms. The program of also acquiring German scientists and technicians for the U.S. was also used to deny the expertise of German scientists to the Soviet Union.

The U.S. eventually stopped the shipment of dismantled factories from the U.S. zone of occupation east because of increasing friction with Russia, part of which was caused by Russian refusal to provide the western occupation zones with surplus food from the eastern occupation zone which had been the breadbasket of Germany. Western Allied dismantling of industry in the Saar area and Ruhr area was virtually completed by 1950.

Both Greece and Iran still state they have claims against Germany and you see stories about art confiscated from Jewish familes all the time. Quite a lot has never been returned. Austria in particular considers such stolen art work as 'national treasures'.

Israel has had separate negotiations with Germany regarding slave labour and Holocaust survivor resettlement.

http://en.wikipedia.org/wiki/Reparations_Agreement_between_Israel_and_West_Germany

Japan is even more complex involving claims made by China, Korea (including thousands of now very old women used a sex slaves in the war) and prisoners.

http://www.foreignpolicy.com/articles/2010/06/28/unfinished_business
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