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unusual facts about Hoover Moratorium


Julius Curtius

Curtius was intimately involved in the negotiations that led to the issuing of the Hoover Moratorium by the U.S President Herbert Hoover that halted war reparations payments by Germany in June 1931 as part of the effort to limit the financial fall-out of the banking collapse.


World War I reparations

Under the Hoover Moratorium of June 1931 issued by the American president Herbert Hoover, which was designed to deal with the world-wide financial crisis caused by the bankruptcy of the Creditanstalt in May 1931, Germany ceased paying reparations.


see also