Loans from banks had helped prop up the German economy until 1928; when these loans dried up, Germany’s economy floundered. In 1931, as the world sunk ever deeper into depression, a one-year moratorium on all debt and reparation payments was declared at the behest of President Herbert Hoover; an effort to renew the moratorium the following year ;· Why were bank loans to Germany vital to the European economy after World War I? Germany used the loans to pay reparations to Britain and France. Superior people who came from Europe’s original racial stock that traced its ancestry to Indo-Europeans who began migrating from western Asia around 2000 ;· When did America loan money to Germany? 1924. How much money did the US give to Germany after ww1? The Treaty of Versailles (signed in 1919) and the 1921 London Schedule of Payments required Germany to pay 132 billion gold marks (US$33 billion [all values are contemporary, unless otherwise stated]) in reparations to cover civilian damage caused during the early as 1915, the United States, not yet involved in the War, had loaned France and Great Britain millions of dollars through American banks. Had Germany won, those bonds held by American bankers would have been worthless. By the spring of 1917, American bankers had loaned the Allies almost $3 billion dollars plus another $6 billion for exports, and the steel, munitions, chemical and agricultural …Digital HistoryWorld War I reparations - Policy on War Loans to Belligerents - World War I American assistance to Weimar Germany19/03/2012 · When did America loan money to Germany after ww1? Wiki User. ∙ 2012-03-19 16:34:53.
