Chapter 48: The Newly Revealed 5-Billion Indemnity

1186 Words

Influenced by the Paris uprising, the French defense government quickly signed a new reparations agreement with the Germans. This compensation clause is even more outrageous than the previous draft, with the compensation alone reaching a staggering 5 billion francs. In mid-April 1870, the two sides signed this new reparations agreement in Frankfurt, also known as the Treaty of Frankfurt. The contract stipulated that France would cede Alsace and Lorraine, along with the Metz fortress, to Prussia, and voluntarily relinquish sovereignty over Alsace and Lorraine. Over the next three years, the French government will have to pay Germany 5 billion francs in reparations. This payment will be based on a Prussian silver thalassic coin valued at 3 francs and 50 centimes. The reason for converti

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