PARIS, August 5, 1922 – In a dramatic move to collect on her civil claims, France today launched a policy of mortgaging and seizing German properties within French borders, particularly in the disputed region of Alsace-Lorraine. Premier Raymond Poincare announced the first of five steps in a progressive plan, which effectively amounts to a massive foreclosure operation targeting German assets valued at approximately 800 million marks.
Related Federal Cases
Key Facts
- State: National
- Category: White Collar Crime
- Era: Historical
- Source: Library of Congress — Chronicling America ↗
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