The Dawes Plan
The Dawes Plan
The Dawes Plan.... Im not sure it was all wikipedia
The 1924 Dawes Plan was a financial agreement aimed at stabilizing the German economy following World War I. It restructured Germany's reparations payments to make them more manageable and provided for substantial loans from the United States to help boost the German economy. This influx of capital facilitated economic recovery and growth in Germany during the mid-1920s, though it ultimately set the stage for future economic instability.
After World War I, Germany faced enormous reparations as dictated by the Treaty of Versailles. To manage these debts, the country initially attempted to pay with currency, leading to hyperinflation in the early 1920s. Eventually, Germany secured the Dawes Plan in 1924, which restructured its reparations payments and provided loans from the United States to stabilize its economy. This helped Germany to meet its obligations, but the economic burden remained a significant issue throughout the interwar period.
Gustav Stresemann was a German Chancellor for a few months in 1923 and foreign minister from 1924 to 1929, he played a key role in helping Germany get back on her feet. He negotiated to reduce Germany's reparation payments to a more realistic level, and to secure loans to stabilise the hyperinflated currency of the Weimar Republic. Gustav Stresemann was a German Chancellor for a few months in 1923 and foreign minister from 1924 to 1929, he played a key role in helping Germany get back on her feet. He negotiated to reduce Germany's reparation payments to a more realistic level, and to secure loans to stabilise the hyperinflated currency of the Weimar Republic.
The Dawes Plan, established in 1924, facilitated foreign loans to Germany amounting to about $200 million. This financial assistance aimed to stabilize the German economy and help it meet its reparations obligations following World War I. The plan was designed to improve economic conditions in Germany and restore confidence among investors.
For Sale - 1924 was released on: USA: 15 June 1924 Austria: 1925 Germany: 1925
Trouble Brewing - 1924 was released on: USA: 12 March 1924 Germany: 6 August 1928 West Germany: 11 November 1977 (TV premiere)
Tarnish - 1924 was released on: USA: August 1924 Germany: 1925 Netherlands: 12 November 1926
Janice Meredith - 1924 was released on: USA: 8 December 1924 Germany: July 1926
1924
The Prude's Fall - 1924 was released on: UK: May 1924 USA: May 1924 Germany: 18 February 1926 (Berlin)