Reparations

Definition and stakes

Portrait of Herbert Adams Gibbons Herbert Adams Gibbons,  Europe Since 1918

“ As an economic problem, the reparations issue boils itself down to three questions: How much is Germany’s surplus per annum? How much of that surplus can be taken for reparations? How can the amount taken be transferred abroad? This is the practical side of the reparations question. To find the answers it was necessary to take into consideration basic economic laws and internal conditions in Germany. Only a healthy goose lays golden eggs. Only a strong government can tax adequately a nation that has representative institutions. ”
Source: Gutenberg

Portrait of David Lloyd George David Lloyd George,  Where Are We Going?

“ A debtor on whose restored health and nerve payment entirely depends has been violently pushed down several flights of stairs. It will take him a long time to recover from the bruises, the shake, and the loss of blood. What an achievement in scientific debt collecting! If reparations are ever to be paid the Allies must retrace their steps and get back to conference. ”
Source: Gutenberg

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