On February 26, 1924, at the strong request of the French, the Paris Conference was held at the Palace of Versailles.

The topics of this meeting included the division of the occupied areas of Italy by the previous three countries, and of course the topic was how to deal with the Germans who were in arrears!

The war reparations paid by the Germans were mainly for industrial goods, but also for coal and cattle, which were given to the French.

The remaining small part was paid in cash, and with the current financial resources of the German government, it was simply unable to pay this part of the cash indemnity, and the in-kind offset could not be increased, otherwise they would not even have the money to import raw materials.

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"The current situation of the Germans is very clear to everyone, and for humanitarian reasons, I propose to lower the amount of their war reparations!" British Foreign Secretary Grey said cautiously

"Objection, this war reparation is a punishment for Germany for instigating a war, and it is also used to make up for the losses of the participating countries, how can it be easily reduced?

Besides, are the Germans really out of money? If there is no money, then how did their social welfare come from?

You must know that the current social welfare of the Germans is higher than that of many countries in which we are here, and if the social wealth is consumed because of the high welfare, and there is no money to repay the reparations, and it is also exempted, then the international order is not to be challenged?

Anyway, it doesn't matter if the war is defeated, as long as all the money is used to distribute benefits to the people, there is no need to take responsibility, the defeated country has a better life than the victorious country, how can we explain it to the people? French President and Foreign Minister Alexandre Millerand said angrily

Are the Germans doing well? Of course not! Germans with more than seven floors owe bank loans, and in order to pay off their debts, they have to work overtime and work every day.

Not to mention the common people, even many low-level Junker aristocrats owe huge debts, many people are forced to give birth because of debts, except for the big bankers, no one has a hard time!

It is almost exactly the same as in history, and this in history also laid the groundwork for the future anti-Christianity.

Everyone knows this, but the Weimar government, in order to prove that they are better than the Wilhelm II government, chose to whitewash the peace and pretend not to see the current state of society.

Since they all pretended not to see it, it was naturally impossible for the French, as their old enemies, to correct them, and now it was good that everyone was living in paradise, and it became the best weapon for France to accuse Germany of deliberately defaulting on its debts.

There are many countries that are unwilling to give up reparations, not everyone has a British background, and everyone still expects the Germans to pay reparations to solve the domestic economic and financial problems?

"Mr. Alexander is right, this kind of behavior of Germany that does not pay back the money cannot be condoned!

Looking at the countries of the world, which country has a higher welfare program than the Germans? As the richest German in the world, isn't it a joke that you don't have money?

Is it true that they have money for free medical care and education, money when they pay their pensions, and no money when it comes time to pay off their debts? Belgian Foreign Minister Tams scoffed

His words made many people feel the same way, the welfare plan made by the Germans is simply roasting everyone on the fire, and now they still want to cry poor, how is this possible?

All eyes are on Bulgaria, one of the three major European countries, and its attitude will have a direct impact on the outcome of the meeting.

"We have no opinion, even if we give up the war reparations, it has nothing to do with Bulgaria, and since Mr. Gray has proposed to reduce the war reparations for the Germans, do you think that your government has already made a decision?

If so, I suggest that it be better to deduct it from the indemnity payments between our two countries, and the exact amount will be decided by Mr. Gray. Now you have full power to decide the war reparations between Bulgaria and the British Empire! Metev said with a smile

All eyes were on the British, only this time they were gloating. Everyone knows that Bulgaria has sold its debts cheaply to the British consortium, and as the Foreign Secretary of the British Empire, he has the right of full representation.

It's just that it's hard to say whether these consortia will agree to the latter, and if one is not handled well, the London government will be in big trouble.

It's not that Bulgaria wants to make trouble for the British, it's all the British's own fault, since they are supporting Austria-Hungary against Bulgaria, then in international diplomacy, Bulgaria will take a small revenge on them, it's not too much!

At the very least, the British's attempt to cut the Germans' war reparations was useless, and it was even more impossible to ensure European balance by loosening the Germans' bonds.

If it weren't for the fact that the Germans were much more difficult to deal with than the Italians, perhaps the French would have already sent troops to occupy the German cities.

After all, after the occupation of Italy, everyone added a batch of cheap labor, which has already made a lot of money for the capitalists of the two countries.

And what about Germany, which is worth more? Many people have already been tempted, but the strength of the Germans remains, and the French do not dare to act alone.

In the event of a sudden outbreak of the Germans, the current German war potential is still not much smaller than that of the French, and it will not be a tragedy for the French to come out with a defeat and a defeat?

Now that they were barefoot and not afraid to wear shoes, the Germans clearly decided that the French would not dare to go it alone, or that they were confident in the British that the British Empire would prevent the French from occupying Germany!

"On the issue of reducing reparations, since everyone is against it, let's take a long-term view first.

Now let's talk about the fact that the Germans are now in arrears to pay the 1924 war reparations (note: the war reparations were paid at the beginning of the year, or at the end of the previous year).

Whether the Germans have money in their hands or not, everyone knows in their hearts, and it is certainly unrealistic to expect them to pay this war reparations immediately.

So have you considered letting the Germans repay by other means?

For example: we provide raw materials, let the Germans process the products for us, and let the Germans pay the war reparations through labor! Gray decisively changed the subject

This is the alternative that the London government has come up with, and since Ferdinand lit the real estate fire, the British economy has recovered at a speed that is visible to the naked eye.

The idea of "deindustrialization" also began to take root in the British Empire, and many capitalists made a fortune outside by relocating factories.

These people became loyal supporters of this idea, shouting earth-shattering slogans such as: "Let all the British become managers!" "Eradication of Poverty from ......"

Anyway, it is to announce the superiority of deindustrialization to everyone. How could Ferdinand not know about this situation?

It has just been deindustrialized, and there are still a few years of dividends to enjoy, but don't break out into an economic crisis. Otherwise, you will find that without the real economy as a trunk, the virtual economy in the economic crisis has no ability to resist risks at all!

"It's a good idea, but it's a pity that it's not suitable for Bulgaria, we are too far from the Germans, and the high cost of transportation is enough for us to run out of dividends!" Metev said disappointedly

In fact, his heart has blossomed, the British have already jumped into the pit, even if they can't bury them, they can still hurt their vitality!

One Germany, one Italy, transferred a lot of industry to these two countries, and what kind of medicine was sold in the gourd of the British, only they themselves knew it.

Anyway, the more the British invest now, the more they can't let go in the future, and in the face of interests, people are always easy to get hot-headed.

"This plan can be considered, but the wage standard of the Germans must be determined by us, and the location of the factory must also be decided by us, and the German government must cooperate with us unconditionally and must not levy any taxes!" Alexander Millerand said three "musts" in one breath.

Obviously, the French also jumped into the pit themselves, and the real estate that was originally intended to pit the British was also brought to France by the capitalists, and the problem of people's employment was solved.

Then it doesn't matter to the government whether these factories are opened at home or abroad, and no matter what hidden dangers there are, they will not break out in the short term.

For politicians, they just need to keep the economy prosperous during their term of office, without problems!

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In the end, the congress decided to allow the German government to build a large foundry for the production of industrial products for the Entente countries.

The countries provided the raw materials, the Germans were responsible for organizing production, and within a certain period of time, the Germans had to come up with the corresponding industrial products to serve as war reparations to the countries.

Once again, history has entered a new page, with Germany and Italy on the path of labor repayment loans, while Britain and France are further and further down the path of deindustrialization.

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