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2026

Hamas agrees to disarm under Trump ceasefire deal

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Hamas said on Friday it had agreed to hand over its weapons to a Palestinian governing committee as part of a US-backed roadmap that would see a gradual Israeli military withdrawal from Gaza, though Israel said it would not pull back until the militant group is fully disarmed.

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1921

Germany Will Accept Peace Treaty Today; President Ebert's Cabinet Formally Agrees to Provisions of Document

BERLIN, Aug. 25—The peace treaty between the United States and Germany will be signed Wednesday. The cabinet gave the document final consideration at a special session early this evening, which was attended by President Ebert. The document will be signed by Ellis Loring Dresel, United States commissioner, and Dr. Friedrich Rosen, the German foreign minister who has been empowered by President Ebert, according to the German constitution, to affix his signature in behalf of the German republic. Mr. Dresel has received full credentials from the Washington government for signing. Restore Relations. Behind the statement that the treaty formally provides for the restoration of friendly relations and an immediate resumption of diplomatic and consular intercourse between the United States and Germany, no information was obtainable Tuesday night regarding the contents of the instrument. It is intimated, however, that there are no provisions included in it for the precise treatment of financial, commercial and economic issues, which are still in abeyance. It is said that these will be made the subject of future negotiations.

Original Newspaper Page

South Bend news-times. (South Bend, Ind.), August 24, 1921 — front page Enlarge →

What Happened Next

Walther Rathenau

On 24 June 1922, two months after the signing of the Treaty of Rapallo, Rathenau was assassinated. He was being chauffeured from his house in Berlin-Grunewald to the Foreign Office in the Wilhelmstraße when his car was passed by another, with Ernst Werner Techow behind the wheel and Erwin Kern and Hermann Fischer in the back seat. Kern opened fire with a submachine gun at close range, killing Rathenau almost instantly.

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Occupation of the Ruhr

Between 11 and 16 January 1923, French and Belgian troops under the command of French General Jean Degoutte, initially numbering 60,000 men and later climbing to 100,000, occupied the entire Ruhr area as far east as Dortmund. The occupation of the heavily industrialized Ruhr district came in response to Germany's repeated defaults on the reparations payments required under the terms of the Treaty of Versailles.

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Hyperinflation in the Weimar Republic

A loaf of bread in Berlin that cost around 160 marks at the end of 1922 cost 200 billion marks by late 1923. By November 1923, one US dollar was worth 4.2105 trillion German marks. This national debt was substantially increased by 50 billion marks of reparations payable in cash and in-kind (e.g., with coal and timber) under the May 1921 London Schedule of Payments agreed after the Versailles treaty.

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