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Updated: July 5, 2025
At the same time it is true that the Minister Loucheur declared on February 17, 1919, in the French Chamber that the reconstruction of the devastated regions in France required 75 milliards that is, very much more than double the private wealth of all the inhabitants of all the occupied regions.
Of late the sense of reality has begun to diffuse itself. The Minister Loucheur himself has laughed at the earlier figures, and has stated that the damages do not exceed eighty milliards. But the French public has been accustomed for some time to take the figures of Klotz seriously, and to discuss indemnities of 150, 200 and 250 milliards.
Probably $1,000,000,000 would be ample to cover all such claims; but to be on the safe side, we will, somewhat arbitrarily, make an addition to the French claim of $1,500,000,000 on all heads, bringing it to $4,000,000,000 in all. The statements of M. Dubois and M. Loucheur were made in the early spring of 1919. Even if my figure prove erroneous, M. Klotz's can never have been justified.
At this juncture M. Loucheur suggested that a minimum sum should be demanded of the enemy, leaving the details to be settled by a commission. And this was the solution which was finally adopted. It was received with protests and lamentations, which, however, soon made place for self-congratulations, official and private.
Although Clemenceau might curtly abandon the claims of a Klotz or a Loucheur, or close his eyes with an air of fatigue when French interests were no longer involved in the discussion, he knew which points were vital, and these he abated little. In so far as the main economic lines of the Treaty represent an intellectual idea, it is the idea of France and of Clemenceau.
The Americans, on the other hand, were infinitely more conservative in their estimates of what Germany could pay. Even after certain Allied experts, including Montagu and Loucheur, affirmed the necessity of scaling down the suggested sum of reparations, the difference between the American proposals and those of the Allies was serious.
LABOUR and the war Lansing, Robert, and the Paris Conference Law, Bonar, and question of military guarantees and reparations and the indemnity League of Nations, the, a suggested revision of treaties by and Danzig and the participation of the vanquished as trustee of Saar mines covenant of foundation of, and its objects Germany debarred from its capabilities and mistakes modification of two clauses of its constitution needed powers of Wilson in a difficult situation Lettonia Libyan adventure, the Lithuania, Wilna ceded to, but occupied by Poles London Agreement, the secrecy of London, Conference of discusses economic manifesto Lorraine, Germany's pre-war iron production from iron mines of: German ambitions for Loucheur, M., and the indemnity Ludendorff, General, important declaration by Luxemburg, iron industry of
But then at that time M. Loucheur was taking a prominent part in advocating the claims of France before the Peace Conference, and, like others, may have found strict veracity inconsistent with the demands of patriotism. The figure discussed so far is not, however, the totality of the French claims.
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