Paris update from the Economist, 25-July-1931

On French bargaining power with Germany over concessional loans to keep Germany in the euro area gold standard:

“The strength of the French situation, it is universally recognised here, is that France possesses an abundance of capital available with which to help Germany, that her present commitments in Germany are enormously less important than those of Great Britain or the United States, and that she stands less risk of direct loss than any other Power from another German collapse.”

That, and the Maginot Line

This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *