Harper's Pictorial Library of the World War, Volume XII : $b The Great Results of the War
History
Harper's Pictorial Library of the World War, Volume XII : $b The Great Results of the War
League of Nations; Treaty of Versailles (1919 June 28); World War, 1914-1918; World War, 1914-1918 -- Economic aspects; World War, 1914-1918 -- Finance
"_(e) Theft of Industrial Plant._--On a methodical plan
throughout the occupied territories, the motors, engines,
machine-tools, steam and electric hammers, steel-rolling mills,
looms, models, and industrial plant of all kinds have been
carried off to Germany.
"_(f) Thefts of Furniture._--The way in which furniture and
household goods were stolen and carried off is confessed by
implication in the following advertisement published in the
_Kölnische Zeitung_ at the beginning of April, 1917:
"'Furniture moved from the zones of military operations in all
directions by Rettenmayer at Wiesbaden.'
"It is impossible to estimate the money value of the goods thus
removed.
"_(g) Seizure of Works of Art._--The works of art collected for
centuries in museums, churches, and by private individuals in
Poland, Italy, Belgium, and France have been carried off by the
Germans.
"_(h) War Levies._--Scores of millions in money have been
secured by the Germans in the form of requisitions, fines, war
levies, war taxes, and forced loans.
"_(i) Thefts of Coin, Jewels, and Securities._--In the occupied
regions, and especially wherever they have been obliged to
evacuate those regions, as, for instance, at Noyon, the Germans
have emptied, by order, the safes and strong boxes of private
persons and of banks and have carried off securities, jewels,
and silver. In September and October, 1917, they seized at one
stroke the deposits of Allied subjects in the Belgian banks
amounting to $120,000,000.
"In view of the high prices of foodstuffs, coal, metals,
petroleum, war materials and machines, it is clear that the
booty thus secured by the Germans during the last three years
in the occupied territories is certainly worth several billion
dollars."
[Illustration: A Woman Operating a Multiple Spindle Drill in an English
Shell Factory
Photo by James M. Beck
"Since the war broke out," said M. Barriol, a French celebrated actuary,
"no less than 1,500,000 women have been added to the ranks of wage
earners in England, an increase of fully 25 per cent."]
GERMAN MONEY INDEMNITY
It became commonplace after Germany's defeat was evident that her war
cost must include the cost of the destruction she had caused her
enemies. To estimate this was no easy matter. The attitude of the
Germans on the subject was indicated by their constantly expressed hope
that trade would recommence as usual and that they would be able to
start economic relations in a favorable position. So we find the Cologne
Chamber of Commerce beginning to prepare for peace by adopting a
resolution expressing the hope that the destruction of French and
Belgian industries would allow the rapid recovery of German power.
Public-domain text, read in full here on John Shaqi.
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