Germany in the aftermath of World War I
From The Art and Popular Culture Encyclopedia
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In Germany, there was a socialist revolution which led to the brief establishment of a number of communist political systems in (mainly urban) parts of the country, the abdication of Kaiser Wilhelm II, and the creation of the Weimar Republic.
On 28 June 1919 the Weimar Republic was forced, under threat of continued Allied advance, to sign the Treaty of Versailles. Germany viewed the one-sided treaty as a humiliation and as blaming it for the entire war. While the intent of the treaty was to assign guilt to Germany to justify financial reparations, the notion of blame took root as a political issue in German society and was never accepted by nationalists, although it was argued by some, such as German historian Fritz Fischer. The German government disseminated propaganda to further promote this idea, and funded the Centre for the Study of the Causes of the War to this end.
132 billion gold marks ($31.5 billion, 6.6 billion pounds) were demanded from Germany in reparations, of which only 50 billion had to be paid. In order to finance the purchases of foreign currency required to pay off the reparations, the new German republic printed tremendous amounts of money – to disastrous effect. Hyperinflation plagued Germany between 1921 and 1923. In this period the worth of fiat Papiermarks with respect to the earlier commodity Goldmarks was reduced to one trillionth (one million millionth) of its value. In December 1922 the Reparations Commission declared Germany in default, and on 11 January 1923 French and Belgian troops occupied the Ruhr until 1925.
The treaty required Germany to permanently reduce the size of its army to 100,000 men, and destroy their tanks, air force, and U-boat fleet (her capital ships, moored at Scapa Flow, were scuttled by their crews to prevent them from falling into Allied hands).
Germany saw relatively small amounts of territory transferred to Denmark, Czechoslovakia, and Belgium, a larger amount to France (including the temporary French occupation of the Rhineland) and the greatest portion as part of a reestablished Poland. Germany's overseas colonies were divided between a number of Allied countries, most notably the United Kingdom in Africa, but it was the loss of the territory that composed the newly independent Polish state, including the German city of Danzig and the separation of East Prussia from the rest of Germany, that caused the greatest outrage. Nazi propaganda would feed on a general German view that the treaty was unfair – many Germans never accepted the treaty as legitimate, and lent their political support to Adolf Hitler.
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