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French Indemnity
The French indemnity was the indemnity the French Third Republic paid to the German Empire after the French defeat in the Franco-Prussian War in 1871. Background An armistice was concluded on 28 January 1871 to allow elections to the French National Assembly. A preliminary peace was signed on 26 February with the Treaty of Frankfurt signed on 10 May. The Prussian State Ministry on 8 February recommended an indemnity of 1 billion thaler (3 billion francs), 95% of which would be paid to the army. The Prussian Finance Minister Otto von Camphausen said: The German nation had after all suffered so many additional losses in blood and material goods which are beyond all accounting that it is entirely justified to assess the price of the war generously and in addition to the estimated sum to demand an appropriate surcharge for the incalculable damages.Jonathan Steinberg, ''Bismarck: A Life'' (New York: Oxford University Press, 2011), p. 309. The Prussian Chancellor Otto von Bismarck sen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indemnity
In contract law, an indemnity is a contractual obligation of one party (the ''indemnitor'') to compensate the loss incurred by another party (the ''indemnitee'') due to the relevant acts of the indemnitor or any other party. The duty to indemnify is usually, but not always, coextensive with the contractual duty to "hold harmless" or "save harmless". In contrast, a "guarantee" is an obligation of one party (the ''guarantor'') to another party to perform the promise of a relevant other party if that other party defaults. Indemnities form the basis of many insurance contracts; for example, a car owner may purchase different kinds of insurance as an indemnity for various kinds of loss arising from operation of the car, such as damage to the car itself, or medical expenses following an accident. In an agency context, a principal may be obligated to indemnify their agent for liabilities incurred while carrying out responsibilities under the relationship. While the events giving ris ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Long Depression
The Long Depression was a worldwide price and economic recession, beginning in 1873 and running either through March 1879, or 1896, depending on the metrics used. It was most severe in Europe and the United States, which had been experiencing strong economic growth fueled by the Second Industrial Revolution in the decade following the American Civil War. The episode was labeled the "Great Depression" at the time, and it held that designation until the Great Depression of the 1930s. Though a period of general deflation and a general contraction, it did not have the severe economic retrogression of the Great Depression. It was most notable in Western Europe and North America, at least in part because reliable data from the period is most readily available in those parts of the world. The United Kingdom is often considered to have been the hardest hit; during this period it lost some of its large industrial lead over the economies of continental Europe. While it was occurring, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Panic Of 1873
The Panic of 1873 was a financial crisis that triggered an economic depression in Europe and North America that lasted from 1873 to 1877 or 1879 in France and in Britain. In Britain, the Panic started two decades of stagnation known as the "Long Depression" that weakened the country's economic leadership. In the United States, the Panic was known as the "Great Depression" until the events of 1929 and the early 1930s set a new standard. The Panic of 1873 and the subsequent depression had several underlying causes for which economic historians debate the relative importance. American inflation, rampant speculative investments (overwhelmingly in railroads), the demonetization of silver in Germany and the United States, ripples from economic dislocation in Europe resulting from the Franco-Prussian War (1870–1871), and major property losses in the Great Chicago Fire (1871) and the Great Boston Fire (1872) helped to place massive strain on bank reserves, which, in New York City ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conscription In France
France was the first modern nation state to introduce universal military conscription as a condition of citizenship. This was done in order to provide manpower for the country's military at the time of the French Revolution (1789–1799). Conscription in France continued in various forms for the next two centuries, until being phased out from 1997 to 2001. History Origins The French Royal Army of the 17th and 18th centuries had consisted primarily of long-service regulars together with a number of regiments recruited from Swiss, German, Irish and other foreign mercenaries. Limited conscription for local militia units was widely resented and only enforced in times of emergency. Universal conscription in the modern sense originated during the French Revolution, when the newly-created Republic needed stronger military forces, initially to defend the country against counter-revolutionary invasion and subsequently to expand its radical ideas throughout Europe. The 1798 Jourdan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jules Ferry Laws
The Jules Ferry Laws are a set of French laws which established free education in 1881, then mandatory and ''laic'' (secular) education in 1882. Jules Ferry, a lawyer holding the office of Minister of Public Instruction in the 1880s, is widely credited for creating the modern Republican school (''l'école républicaine''). The dual system of state and church schools that were largely staffed by religious officials was replaced by state schools and lay school teachers. The educational reforms enacted by Jules Ferry are often attributed to a broader anti-clerical campaign in France. History French education during the 19th century was marked by two distinct and segregated systems, the first being a secondary school system and the second a primary school system. However, in each of these systems, the Catholic Church provided an alternative to secular schooling that was often the only option for families in economically depressed regions of France. Although the Republican party is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Treaties Of Tilsit
The Treaties of Tilsit were two agreements signed by French Emperor Napoleon in the town of Tilsit in July 1807 in the aftermath of his victory at Friedland. The first was signed on 7 July, between Napoleon and Russian Emperor Alexander, when they met on a raft in the middle of the Neman River. The second was signed with Prussia on 9 July. The treaties were made at the expense of the Prussian king, who had already agreed to a truce on 25 June after the Grande Armée had captured Berlin and pursued him to the easternmost frontier of his realm. In Tilsit, he ceded about half of his pre-war territories. From those territories, Napoleon had created French sister republics, which were formalized and recognized at Tilsit: the Kingdom of Westphalia, the Duchy of Warsaw and the Free City of Danzig; the other ceded territories were awarded to existing French client states and to Russia. Napoleon not only cemented his control of Central Europe but also had Russia and the truncated Pru ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Napoleon
Napoleon Bonaparte ; it, Napoleone Bonaparte, ; co, Napulione Buonaparte. (born Napoleone Buonaparte; 15 August 1769 – 5 May 1821), later known by his regnal name Napoleon I, was a French military commander and political leader who rose to prominence during the French Revolution and led successful campaigns during the Revolutionary Wars. He was the ''de facto'' leader of the French Republic as First Consul from 1799 to 1804, then Emperor of the French from 1804 until 1814 and again in 1815. Napoleon's political and cultural legacy endures to this day, as a highly celebrated and controversial leader. He initiated many liberal reforms that have persisted in society, and is considered one of the greatest military commanders in history. His wars and campaigns are studied by militaries all over the world. Between three and six million civilians and soldiers perished in what became known as the Napoleonic Wars. Napoleon was born on the island of Corsica, not long af ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail Price Index
In the United Kingdom, the Retail Prices Index or Retail Price Index (RPI) is a measure of inflation published monthly by the Office for National Statistics. It measures the change in the cost of a representative sample of retail goods and services. As the RPI was held not to meet international statistical standards, since 2013 the Office for National Statistics no longer classifies it as a "national statistic", emphasising the Consumer Price Index instead. However, as of 2018 the UK Treasury still uses the RPI measure of inflation for various index-linked tax rises. History RPI was first introduced in 1956, replacing the previous Interim Index of Retail Prices that had been in use since June 1947. It was once the principal official measure of inflation. It has been superseded in that regard by the Consumer Price Index (CPI). The RPI is still used by the government as a base for various purposes, such as the amounts payable on index-linked securities including index-linked gil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Adolphe Thiers
Marie Joseph Louis Adolphe Thiers ( , ; 15 April 17973 September 1877) was a French statesman and historian. He was the second elected President of France and first President of the French Third Republic. Thiers was a key figure in the July Revolution of 1830, which overthrew King Charles X in favor of the more liberal King Louis Philippe, and the French Revolution of 1848, which overthrew the House of Orléans, Orléans monarchy and established the Second French Republic. He served as a prime minister in 1836 and 1840, dedicated the Arc de Triomphe, and arranged the return to France of the remains of Napoleon from Saint-Helena. He was first a supporter, then a vocal opponent of Louis-Napoléon Bonaparte (who served from 1848 to 1852 as President of the Second Republic and then reigned as Emperor Napoleon III from 1852 to 1871). When Napoleon III seized power, Thiers was arrested and briefly expelled from France. He then returned and became an opponent of the government. Followi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
French Third Republic
The French Third Republic (french: Troisième République, sometimes written as ) was the system of government adopted in France from 4 September 1870, when the Second French Empire collapsed during the Franco-Prussian War, until 10 July 1940, after the Fall of France during World War II led to the formation of the Vichy government. The early days of the Third Republic were dominated by political disruptions caused by the Franco-Prussian War of 1870–1871, which the Republic continued to wage after the fall of Emperor Napoleon III in 1870. Harsh reparations exacted by the Prussians after the war resulted in the loss of the French regions of Alsace (keeping the Territoire de Belfort) and Lorraine (the northeastern part, i.e. present-day department of Moselle), social upheaval, and the establishment of the Paris Commune. The early governments of the Third Republic considered re-establishing the monarchy, but disagreement as to the nature of that monarchy and the rightful occ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gerson Von Bleichröder
Gerson von Bleichröder (22 December 1822 – 18 February 1893) was a Jewish German banker. Bleichröder was born in Berlin. He was the eldest son of Samuel Bleichröder, who founded the banking firm of S. Bleichröder in 1803 in Berlin. Gerson first joined the family business in 1839. In 1855 upon the death of his father, Gerson became the head of the banking firm. The bank maintained close contacts with the Rothschild family; the banking house of Bleichröder acted as a branch office in Berlin of the Rothschilds' bank. Traditionally, the Rothschilds represented the banking interests of the Austrian-controlled German Confederation in Europe. In the conflict between the rapidly rising and expanding nation of Kingdom of Prussia and the "pro-Austrian" German Confederation, the Rothschild Bank was largely caught in an uncomfortable position in the middle of the conflict. Meeting Bismarck Since 1851, Otto von Bismarck had been serving as the Prussian ambassador to the German ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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