1923. 2001. The Encyclopedia of World History

The Encyclopedia of World History. 2001.


1923

Inflation resulted in the fall of real wages and a bitter strike movement began as a result of the rise of prices. In October a strike of railway workers occurred to which the government replied by the conscription of the workers. In November the Socialist Party declared a general strike. The government replied by introducing a state of siege. Bloody disturbances took place on Nov. 6 in Kraków. While these events undermined the government's authority, it was the question of land reform that caused its downfall on Dec. 15.	1

Dec. 19

Ladislav Grabski formed a nonparliamentary ministry of experts, which managed to stabilize the currency by creating the Bank of Poland and establishing a new unit of currency, the zloty. He also attempted to revive the Polish economy by launching the construction of a port at Gdynia. The government made some concessions to the demands of the minorities (including Jews) and regulated Polish relations with some of the neighboring states. On Grabski's downfall (Nov. 13, 1925) there followed another period of political confusion.	2


The Encyclopedia of World History, Sixth edition. Peter N. Stearns, general editor. Copyright © 2001 by Houghton Mifflin Company. Maps by Mary Reilly, copyright © 2001 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved.