Search results
Results from the WOW.Com Content Network
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
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]
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.
In January 1923 as a response to the failure of the Germans to ship enough coal as part of its reparations, France (and Belgium) occupied the industrial region of the Ruhr. Germany responded with passive resistance including printing vast amounts of marks to pay for the occupation, thereby causing runaway inflation.
In January 1923, in response to Germany's failure to meet its reparations obligations, French and Belgian troops occupied the Ruhr district, strictly controlling all important industrial areas. The Germans responded with passive resistance, which led to hyperinflation, [11] and the French gained very little of the reparations they wanted ...
France intended to transport raw materials via this line from the Ruhr, which was also occupied, but the German railway workers refused to work with them as passive resistance. During the occupation, the line was blocked to regular traffic several times so that French crews could operate coal trains from the Ruhr to France without having to ...
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.
The 1911 edition of Encyclopædia Britannica has only one definition of "Ruhr": "a river of Germany, an important right-bank tributary of the lower Rhine". The use of the term "Ruhr" for the industrial region started in Britain only after World War I, when French and Belgian troops had occupied the Ruhr district and seized its prime industrial assets in lieu of unpaid reparations in 1923.