The first instalment of £50 Million were paid in 1921, but in 1922 nothing was paid
Ebert did his best to play for time and to negotiate concessions from the Allies
But the French ran out of patience
They also had debts to pay to the USA
January 1923 French and Belgian troops entered the Ruhr (legally under ToV)
Began to take what was owed to them in the form of raw materials and goods