Occupation of the Ruhr important harbour in Duisburg-Ruhrort, ending French occupation of the Ruhr region on 25 August 1925. According to Sally Marks, the occupation of the Ruhr "was profitable and caused neither the German hyperinflation, which began in 1922 and ballooned because of German responses to the Ruhr occupation, nor the franc's 1924 collapse, which arose from French financial practices and the evaporation of reparations". Marks suggests the profits, after Ruhr-Rhineland occupation costs, were nearly 900 million gold marks. Despite his disagreements with Britain, Poincaré desired to preserve the Anglo-French entente and thus moderated his aims to a degree. His major goal was
International Authority for the Ruhr International Authority for the Ruhr The International Authority for the Ruhr (IAR) was an international body established in 1949 by the Allied powers to control the coal and steel industry of the Ruhr Area in West Germany. Its seat had been in Düsseldorf. It was agreed at meetings in London on 20 April and 2 June 1949 by the United States of America, the United Kingdom, France and the Benelux countries. The London agreement was signed on 28 April of that year. It was abolished by the Treaty of Paris in 1951, which moved its activities to the European Coal