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 are generously and in addition to the estimated sum to demand an appropriate surcharge for the incalculable damages.
The Prussian Chancellor Otto von Bismarck sent his personal...
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