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The Dawes Plan temporarily resolved the issue of the reparations that Germany owed to the Allies of World War I. Enacted in 1924, it ended the crisis in European diplomacy that occurred after French and Belgian troops occupied the Ruhr in response to Germany's failure to meet its reparations obligations.
Dawes Plan, arrangement for Germany’s payment of reparations after World War I. On the initiative of the British and U.S. governments, a committee of experts (with two members each from France, Belgium, Italy, Britain, and the United States), presided over by an American financier, Charles G. Dawes, produced a report on the question of German ...
- The Editors of Encyclopaedia Britannica
The Dawes Plan, the Young Plan, German Reparations, and Inter-allied War Debts. Introduction. In the years following the First World War, issues of debt repayment and reparations troubled relations between the Allies and the now defeated Germany.
Jun 8, 2018 · Dawes Plan (1924) Measure devised by a committee chaired by Charles Dawes to collect and distribute German reparations after World War I. It established a schedule of payments and arranged for a loan of 800 million marks by US banks to stabilize the German currency.
The Dawes Plan was a report on German reparations for World War I drafted by a committee of experts led by American financier Charles G. Dawes that was accepted by the Allies and by Germany on August 16, 1924.
Learn how Gustav Stresemann ended hyperinflation and renegotiated reparations with the Dawes Plan in 1924. Find out the pros and cons of the Dawes Plan and its impact on the Weimar economy and society.
Jan 19, 2019 · The Dawes Plan of 1924 (devised by a banker from the United States called Charles G. Dawes) was an agreement between the Allies and Germany. The basic idea behind the plan was to make it easier for Germany to pay reparations and had two key parts.
