The Treaty of Versailles was the peace settlement signed after World War I had ended in 1918. The treaty was also called the treaty of peace. The treaty was signed at the Vast Versailles Palace near Paris. The three most important politicians were David Lloyd George, Georges Clemenceau, and Woodrow Wilson.

Above is the signing of the Treaty of Versailles.
Found on: http://www.ww1westernfront.gov.au/versailles/images/signing-versailles.jpg
The Versailles Palace was said to be the most appropriate venue mostly because of its size, and many hundreds of people were involved in the process and the final signing ceremony in the Hall of Mirrors, whcih could hold hundreds of people.

Above is a picture of the palace.
Found on: http://static.ddmcdn.com/gif/palace-of-versailles-landmark-4.jpg
The Treaty ended the fighting between the allied powers and Germany. The Treaty of Versailles was signed on June 28, 1919. One of the most known subjects in the treaty was Germany causing the war. They ended up paying many countries money for them causing the war. Germany's debt became a factor in WWII.
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Above is a photo of "Treaty of Peace".
World War I had left Europe devastated. Countries that had fought in it suffered casualties never experienced before;
Britain lost: 750,000 soldiers killed; 1,500,000 wounded
France lost: 1,400,000 soldiers killed; 2,500,000 wounded
Belgium lost: 50,000 soldiers killed
Italy lost: 600,000 soldiers killed
Russia lost: 1,700,000 soldiers killed
America lost: 116,000 soldiers killed
Those who fought against the Allies suffered casualties aswell.
Germany lost: 2,000,000 soldiers killed
Austria-Hungary lost: 1,200,000 soldiers killed
Turkey lost: 325,000 soldiers killed
Bulgaria lost: 100,000 soldiers killed
The total deaths of the nations who fought in the war is around 8,500,000; with 21,000,000 being wounded

Above is a picture of estimated casualties.
Found on: http://upload.wikimedia.org/wikipedia/en/e/ea/Wwi-allied-casualties.png
The treaty was signed after months of argument and negotiation with the "Big Three". The "Big Three" were David Lloyd George of Britain, Clemenceau of France, and Woodrow Wilson of the USA.
Sources:
http://www.historylearningsite.co.uk/treaty_of_versailles.htm
and
http://en.wikipedia.org/wiki/The_Treaty_of_Versailles
Personal Thoughts; I am glad to see that the treaty was finally signed. It is too bad that so many people had to die, or be wounded. The world should be a better place!
Comments
While you have some good info, you do miss a lot of the actual points of the Treaty of Versailles.