German Revanchism: Bridging the World Wars

... placed on the navy. Germany was prohibited to have submarines and not more than six large battleships, with no new construction allowed, not more than six light cruisers and not more than twelve destroyers. The reparation payments were horrendous. The Treaty of Versailles appointed Germany as the main instigator of the war and made it compensate the material damage of all its adversaries– 20 billion gold Reichsmarks over the first 15 years and 132 billion gold Reichsmarks over the next 30 years, which effectively ruled out ...