| Date |
Exchange Rate |
Political News |
| Jan. 5-9 |
201-163 |
Opening of Cannes Conference; constructive plans |
| Jan. 13-21 |
178-200 |
Briand resignation; new Poincar� policy; Reichstag taxation debate |
| Feb. 1 |
204 |
German railroad-workers’ strike |
| Feb. 8 |
199 |
End of railroad strike |
| Feb. 18-27 |
209-228 |
Postponement of Genoa conference; agreement not to discuss reparations at Genoa |
| Mar. 4-7 |
238-261 |
English coalition government crisis |
| March 7-9 |
261-250 |
English crisis over and Allied Finance Minister recommendation for a moratorium |
| Mar. 11-Apr. 4 |
257-326 |
Negative reports and expectations concerning Genoa conference |
| Apr. 4-12 |
326-296 |
Hopeful feelings about Genoa |
| Apr. 17-25 |
300-252 |
Positive reaction to Rappalo |
| Apr. 25-May 22 |
252-314 |
Disappointment connected to Genoa |
| May 22-June 2 |
314-272 |
Hopeful feelings about bankers’ conference in Paris |
| June 4-11 |
272-318 |
Failure of bankers’ conference |
| June 23-24 |
331-345 |
Murder of Rathenau |
| June 28-July 31 |
374-670 |
Conflicts with Bavaria and France over Law to Protect Republic and with France over reparations |
| Aug. 5-19 |
764-1254 |
Tensions with Bavaria and France and between France and England |
| Aug. 21 |
1171 |
Agreement with Bavaria |
| Aug. 22 |
1301 |
Poincar� Bar le Duc speech |
| Sep. 2-6 |
1351-1251 |
Positive reports from Reparations Commission on moratorium and agreement with Belgium |
| Sep. 6-13 |
1251-1602 |
Bad news on negotiations with Belgium |
| Sep. 12-Oct. 10 |
1409-2973 |
Crisis in Asia Minor |
| Oct. 10-12 |
2973-2473 |
Allied agreement with the Turks |
| Oct. 18-20 |
2903-3568 |
Fall of Lloyd George |
| Nov. 8 |
9172 |
Low point of deterioration since late October |
| Nov. 15-21 |
7533-6190 |
Response to Cuno appointment |
| Nov. 28 |
8795 |
Rumors that French plan to occupy Ruhr |
| Dec. 18 |
6115 |
Reports that United States favored new reparations arrangements |
| Dec. 28-31 |
7588-7368 |
Renewed reports of French intransigence |
