Versailles, Treaty of: In the Franco-Prussian War
The Preliminary Treaty of Versailles of 1871 was signed at the end of the Franco-Prussian War by Otto von Bismarck for Germany and by Adolphe Thiers for France. It was ratified (1871) in the Treaty of Frankfurt. France ceded Alsace (except the Territory of Belfort) and part of Lorraine, including Metz, to Germany and agreed to pay an indemnity of 5 billion francs ($1 billion). German occupation troops were to remain until payment had been completed (only until 1873, it turned out, because of prompt French payment).
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