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Thursday, March 10, 2022

"ONE BILLION GOLD MARKS OR $241 MILLION U.S."

U.S. DEMANDS REIMBURSEMENT FOR COST OF MAINTAINING ARMY ON THE RHINE

Paris, France (JFK+50) On March 10, 1922, Roland W. Boyden* demanded the United States be reimbursed "for the cost of maintaining the American army on the Rhine**."

The figure given is a massive one billion gold marks or $241,000,000 in U.S. currency.  In addition, Mr. Boyden asks for an initial payment of $62,500,000 be made in the year 1922.

According to the New York Tribune, this demand "came as a complete surprise to Allied finance ministers."  The Tribune further reports that it is "almost sure to create adverse feeling..."

*Roland W. Boyden was an observer for the United States at the meeting of Allied finance ministers in Paris.

**The Rhine is the longest river in Germany (760 miles) & 2nd longest in central & western Europe.

SOURCE

"U.S. Demands Payment for Rhine Troops," The New York Tribune, March 11, 1922, www.chroniclingamerica.loc.gov/ 

   
 
Middle Bridge Over The Rhine River 
Basel
Photo by Lucazzitto (2011)