The British were extracting at most $29 million in reparations from Germany; but the occupation was costing London $80 million a year, leaving the British taxpayer to foot the bill for the difference even as the British government was forced to impose bread rationing at home (an expedient that had been avoided throughout the war). In the opinion of the British Chancellor of the Exchequer, Hugh Dalton, the British were ‘paying reparations to the Germans.’ The Americans were not under the same economic constraints and their zone had not suffered as much war damage, but the situation appeared no
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