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Acts of violence and accidents caused by the occupying forces had resulted in 137 deaths and 603 injuries by August 1924, shortly before the passive resistance was called off. Monetary damages to the economy of the Ruhr caused by the occupation were estimated at between 3.5 and 4 billion gold marks. [17]
In January 1923, French and Belgian troops occupied the Ruhr district of Germany in response to shortfalls in German war reparations payments. The Cuno government reacted with a policy of passive resistance, which, combined with acts of civil disobedience, brought Germany's Ruhr industrial heartland almost to a stop.
11 January – French and Belgian troops enter the Ruhr in the Occupation of the Ruhr because of Germany’s refusal to pay war reparations, causing strikes and a severe economic crisis. [1] 20 April – Julius Streicher's antisemitic newspaper Der Stürmer begins publication. [2] 13 August – The First Stresemann cabinet was sworn in.
During its brief three months in office, the Great Coalition ended the passive resistance against the Ruhr occupation, successfully stabilized the currency by replacing the worthless Papiermark with the Rentenmark and expelled the German Communist Party from the governments of Saxony and Thuringia by means of a Reichsexekution. [1]
His plans to handle the war reparations issue and stabilise the currency were derailed by the French and Belgian occupation of the Ruhr in January 1923. Cuno instituted a policy of passive resistance and provided financial assistance to the workers and firms affected by it. The payments, made possible primarily by printing money, began the ...
"Every honest person in the Ruhr district and along the Rhine is longing for the hour when he will again return to work", Stresemann said. "This hour will have to come, and through German productive work the real solution of the conflict can be found. The purpose of passive resistance was to bring about this solution.
12 August: As a result of the Ruhr occupation crisis, the Cuno government resigns. It is replaced by a grand coalition led by Gustav Stresemann of the German People's Party. [32] 26 September: The German government ends passive resistance. [58] 27 September: Gustav Ritter von Kahr is declared General State Commissioner for Bavaria with ...
During his brief chancellorship, he abandoned the policy of passive resistance against the French-Belgian occupation of the Ruhr and introduced the Rentenmark in a (relatively successful) attempt to tame hyperinflation in the country. In November, Stresemann's reshuffled government collapsed after the Social Democrats withdrew from the coalition.