Dismantling Empire: Ignaz Seipel and Austria's Financial Crisis, 1922-1925

The German-Austrian Republic was proclaimed on the steps of the Vienna Parliament building on 12 November 1918. The Allied Powers, through the Treaty of Saint-Germain, had carved Austria out of the Habsburg Empire’s hereditary lands following the First World War. The internal contours of the new Austrian Republic, however, would take shape over the next few years as Austria’s leadership, its political parties, and its citizens responded to the new republic’s smallness, its reduced economic ba..