How Important Was Stresemann

The treaty humiliated the Germans. The war-guilt clause forced Germany to accept sole responsibility for World War I. And although the German military had played a major role in igniting the war, other countries in Europe had been guilty of provoking political crises before the war too.

After World War II Germany was left devastated and in ruins. There had been massive destruction of the country’s infrastructure (Bessel 2011), it lacked political structure and economic activity had plummeted. There was a scarcity of food, fuel and housing and Germany was in no condition to clothe or feed its population (O’Dochartaigh 2003).

One of the ways that the treaty lead to the the rise of Hitler and WWII was through the amount of reparations that Germany had to pay. The Germans suffered so much damage because of the huge price that they had to pay. This massive debt that Germany forced into to a huge economic depression. A lot more people were unemployed than employed and people were struggling to survive. During times of struggle people

In addition to the damaging consequences of the First World War with the requirements of the Treaty of Versailles, certain features of Germany caused the state to be susceptible to the influence of this dangerous ideology. Along with the damage to the national ego as a result of the First World War, Germany had co-existing and conflicting highly modern strands of development forced to integrate with powerful remnants of archaic values and social structures, and had a deeply fractured parliamentary political system, and the weaknesses of this system reflected the social and political differences within the population. This shame and failure after World War I was superimposed onto a modern country which once had an advanced economy, a sophisticated state

With incompetent leadership and an unhappy nation, the German people began to realize that their country was in a vulnerable situation and began to look for stable alternatives to democracy. Hitler’s

Germany emerged from World War I with huge debts incurred to finance a costly war for almost five years. The treasury was empty, the currency was losing value, and Germany needed to pay its war debts and the huge reparations bill imposed on it by the Treaty of Versailles, which officially ended the war. The treaty also deprived Germany of territory, natural resources, and even ships, trains, and factory equipment. Germany’s population was undernourished and contained many widows, orphans, and disabled veterans living in poverty. The new German government struggled to deal with these crises, which had produced a serious hyperinflation.

Even though Germany was left in a period of struggle and economic weakness after WW1, Adolf Hitler would take a stand by creating a party that would help refine the structure of the economy. This party, when abbreviated, was called Nazi, would also create harsh laws and unrelentless punishment. Due to the Nazi party’s quick growth, there was an immediate impact on lifestyle and politics for the people of Germany. The long term impact brought forth by the consequences or legacy of the Nazi party included a population decrease and an increase in deaths. To make both of these impacts, Hitler had to overcome many hard challenges.

When Stresemann came into power in 1923 as Chancellor, Germany was still being affected by the Treaty of Versailles. She still had to pay £6.6 billion in reparations to the allies of the First World War, her military was cut to just 100,000 men, no tanks, air force or submarines and no army in the Rhineland. Additionally, Article 231 (also known as the War Guilt Clause) left the German people angered at the allies and the Treaty of Versailles as they thought that it was unjust. When Stresemann became Chancellor, he had a lot of issues to deal with.

In Germany the economy was especially vulnerable since it was built out of foreign capital, mostly loans from America and was very dependent on foreign trade. When those loans suddenly came due and when the world market for German exports dried up, the well-oiled German industrial machine quickly ground to a halt. As production levels fell, German workers were laid off. Along with this, banks failed throughout Germany. Savings accounts, the result of years of hard work, were instantly wiped out. Inflation soon followed making it hard for families to purchase expensive necessities with devalued money. Overnight, the middle class standard of living so many German families enjoyed was ruined by events outside of Germany, beyond their control. The Great Depression began and they were cast into poverty and deep misery and began looking for a solution, any solution. By mid-1930, amid the economic pressures of the Great Depression, the German democratic government was beginning to unravel. The crisis of the Great Depression

After World War I Germany could make no money because all of these factories were bombed. They could not make any goods because they had no factories to make any in. Also a lot of farmland was destroyed so they had to get all that back and grow more food. They had no money so they couldn't buy anything from other countries. They had to get by with the little amount of things they have left. Germany had money but after the war there currency was just about worthless. This was the complete opposite for the United States seeing as World War I really helped our economy. After World War II Austria Hungary was no longer a country.

The German government ordered the workers to strike as a form of passive resistance. To compensate these workers the German government printed huge amounts of new money. This led to inflation. German currency rapidly lost value. Many people were unemployed and on the brink of starvation.

When Germany received this treaty they were very surprised with the terms. The terms included, war guilt clause, which meant Germany accepted all the blame for World War One. Reparations, Germany had to pay millions in damage from the war. Disarmament, Germany could not have tanks or air force and land was taken away from them and given to other countries. The Germans were not happy with this treaty and thought of it as very harsh. However the Germans took responsibility and continued on in hope to get revenge later. In 1919, to help keep the world safe for democracy the League of Nations was set up. League of Nations would intend that if there were disagreements between countries they would negotiate rather than fight. The failure of the League of Nation can be summarized by points such as, not all countries joining in such as Germany as a punishment and Russia because of the spread of communism. The League of Nations had no power or any army. Countries were hesitant to get involved with an aggressive country and taking direct action against them. These things led to the fall of the League of Nations. People were angry because they did not want to cut off resources with other countries, even if they were aggressive because during the late 1920’s depression hit most of them. “The depression destroyed the market for imported silk from Japan, which had provided the country with two fifths of its export income’’ (The History on the Net Group). Economic problems played a

Therefore there was a decline in extremist parties such as the Communists and the National Socialists because many Germans didn’t want an extreme change and liked Germany as it was. This was a turning point for Germany because it seemed that the extremist parties would not be capable of getting seats in the parliament. Also, Stresemann convinced the public that a democratic government would solve any problems quickly- and many believed him. The popularity of the Social Democrats increased and they had the majority of the seats in the parliament (153). This was a turning point for Germany because people started to believe that this new democratic government would remain stable and prosperous for the years to come. The Dawes Plan allowed this to happen because it gave the Republic the money it needed to invest in the economy for the people.

In this paper I will show that the German Government did have other options to finance its expenditures

Unemployment was widespread and a whole generation of young Germans was left hopeless and without direction. For many Germans during these terrible times, mere survival was a challenge. This wretched condition is apparent in Heinrich Hauser’s description of Germany’s unemployed who lined the highways, homeless and destitute, with no place to go. As he describes it, “unskilled young people, for the most part… had been unable to find a place for themselves in any city or town in Germany, and… had never had a job and never expected to have one.” Germany had been forced to her knees.