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Germany's financial system broke down. There were food riots in the Ruhr [7] and a nationwide wave of strikes against the Cuno government, which resigned on 12 August 1923. [32] Germany's new government, led by Gustav Stresemann of the German People's Party announced the end of passive resistance on
The Cuno strikes were a nationwide wave of strikes in Germany against the government of Chancellor Wilhelm Cuno in August 1923. The strikes were called by the Communist Party of Germany in response to Cuno's policy of passive resistance against the French and Belgian occupation of the Ruhr and the hyperinflation that resulted from it.
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 ...
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.
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 ...
Even though relatively little violence accompanied the passive resistance, [2] French authorities imposed between 120,000 and 150,000 sentences against resisting Germans. Some involved prison sentences, but the overwhelming majority were deportations from the Ruhr district and the Rhineland to the unoccupied part of Germany.
In spite of fierce attacks from the opposition DNVP, passive resistance to the Ruhr occupation was abandoned and the inflation of 1914 to 1923 was fought successfully with the introduction of the Rentenmark on 15 November 1923.