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Words: | Submitted: Thu Sep 25 2003
... in U.S.A. lending money to Germany helping them pay their reparations bill. Germany (with this money) paid reparations to France and the U.K. and finally they paid their war loan to U.S.A. During the next five years, with the Young Plan, it was restructured again by reducing Germany's reparation payments. All of this was very effective because by 1926 Germans had the best standard of living in Europe. Most of iron and steel in Europe was produced in the Ruhr Valley at Germany in 1925. This showed Germany had a very productive society. There was a small story in Germany. It was about a man who went to a bakery for some bread. He had money inside his wheel barrow, and as it couldn't fit the bakery door, he had to leave it outside. His wheel barrow was stolen and the money that was inside it, was left ...
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