Lausanne Conference

(16 June-9 July 1932)
   In December 1931 the Special Advisory Committee of the Bank for International Settlements* rec-ommended deferral of German reparations* as specified by the Young Plan's* payment schedule. The action upheld the Hoover Moratorium (President Hoo-ver's proposed one-year deferral of international reparation and debt payments) of June 1931. Since the committee, which included Germany's Carl Melchior,* urged an international meeting to formalize the action, France and Britain pro-posed a January 1932 conference at Lausanne. German domestic politics delayed the so-called Lausanne Conference on the Permanent Settlement of the Repa-rations Question until June 1932. Meanwhile, the Hoover Moratorium was ex-tended for a second year.
   Meeting under the chairmanship of British Prime Minister Ramsay MacDon-ald, the conference included delegates from Germany, Great Britain, France, Italy, and Belgium. Franz von Papen* and Konstantin von Neurath,* who had recently displaced Heinrich Brüning* as Chancellor and Foreign Minister re-spectively (Brüning had held both offices), led a German contingent that in-cluded Finance Minister Lutz Schwerin* von Krosigk, Economics Minister Hermann Warmbold,* Foreign Office Secretary Bernhard von Bülow,* and Mel-chior. As Brüning enjoyed broad respect for his stringent domestic policies, the change in government was poorly received by the other delegations. Yet Papen made a good first impression by proposing to Premier Edouard Herriot, in im-peccable French, an Eastern Locarno* and a Franco-German alliance against communism. When it became evident that Papen was maneuvering to link rep-arations with the disarmament* talks occurring concurrently in Geneva, his rep-utation waned. Although Germany's former enemies would not yield to Papen's plea for total annulment, they did agree to reduce Young Plan obligations to a final sum of three billion marks (only 20 percent more than the annuity paid in 1929). While this payment was required in the form of 5 percent bonds deliv-erable to the Bank for International Settlements, the bonds could not be sold for three years. German credit was thereby given three years to recover its strength.
   The Lausanne Agreement, signed on 9 July 1932, was to replace the Young Plan upon ratification, but it was never ratified. Approval in Britain, France, Italy, and Belgium was tied to war-debt relief from the United States; however, as Hoover refused to admit a reparations-debt connection, such relief was not forthcoming. Most Germans, meanwhile, opposed paying any further repara-tions. Thus, while Lausanne marked an Allied consensus to renounce almost 90 percent of prior claims on Germany, Papen returned to Berlin a perceived fail-ure: unable to gain compromise on rearmament, he had committed Germany to further reparations. In fact, Germany never made another payment.
   REFERENCES:Bennett, German Rearmament; Eyck, History ofthe Weimar Republic, vol. 2; Helbich, "Between Stresemann and Hitler"; Kent, Spoils of War; Schuker, American "Reparations"; Wheeler-Bennett, Wreck of Reparations.

A Historical dictionary of Germany's Weimar Republic, 1918-1933. .

Look at other dictionaries:

  • Lausanne Conference — Conferences held in Lausanne, Switzerland include the: *Lausanne Conference (1974) was the First International Congress on World Evangelization *Lausanne Conference, 1949 related to Palestinian Jewish negotiations and the 1949 Armistice… …   Wikipedia

  • Lausanne Conference — ▪ 1932       (June–July 1932), conference that was held to liquidate the payment of reparations by Germany to the former Allied and Associated powers of World War I. Attended by representatives of the creditor powers (Great Britain, France,… …   Universalium

  • Lausanne Conference, 1949 — The Lausanne Conference, 1949 was convened by the United Nations Conciliation Commission for Palestine (UNCCP) from 27 April to 12 September, 1949. During the conference, representatives of Israel, the Arab states Egypt, Transjordan, Lebanon and… …   Wikipedia

  • Lausanne Conference of 1932 — The Lausanne Conference was a 1932 meeting of representatives from Great Britain, Germany, and France that resulted in an agreement to suspend World War I reparations payments imposed on the defeated countries by the Treaty of Versailles. Held… …   Wikipedia

  • Lausanne (disambiguation) — Lausanne, Switzerland, is the capital of the canton of Vaud on Lake Geneva.Lausanne may also refer to: *Lausanne (district), a district in the canton of Vaud, Switzerland *Lausanne Township, Pennsylvania, a township in Carbon County, Pennsylvania …   Wikipedia

  • Conference of Lausanne — For other uses, see Lausanne Conference (disambiguation). Turkish delegation sent to the Conference of Lausanne. The Conference of Lausanne was a conference held in Lausanne, Switzerland during 1922 and 1923. Its purpose was the negotiation of a… …   Wikipedia

  • Lausanne Covenant — The Lausanne Covenant is a 1974 Christian religious manifesto promoting active world wide Christian evangelism. One of the most influential documents in modern Evangelical Christianity, it was written and adopted by 2,300 evangelicals at the… …   Wikipedia

  • Lausanne — For other uses, see Lausanne (disambiguation). Lausanne Lausanne Cathedral and old town Country …   Wikipedia

  • Conference de Lausanne — Conférence de Lausanne La Conférence de Lausanne s est tenue entre le 16 juin et le 9 juillet 1932 à Lausanne. Elle réunit des représentants de France, du Royaume Uni, d Italie, et d Allemagne pour régler le problème des réparations de guerre… …   Wikipédia en Français

  • Conference de paix de Paris (1919) — Conférence de paix de Paris (1919) Le Conseil des Quatre à la conférence de paix : Lloyd George, Vittorio Orlando, Georges Clemenceau, et Woodrow Wilson. La conférence de paix de Paris de 1919 est une conféren …   Wikipédia en Français

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.