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The World History Database

The World History Database

Dawes Plan
History of Germany


1924
Dawes Plan
Marx, Wihelm
  At the London Conference gets agreement for Allied withdrawal from the Rhineland
1924
Dawes Plan
Stressman, Gustav
 April 9th Sets an upper limit for payment of reparations and limits the time to 37 years, the Motto is "Business, not politics"
 April 9th The Dawes Plan is put forward to stabilize the economy situation in Europe, to enable the Germans to pay their reparations and the Allies to pay their debts to the US
 April 9th Accepts the Dawes Plan form German reparations
 April 9th Foreign loans (primarily from the United States) would be made available to Germany
 April 9th Reparation payments would begin at 1 billion marks for the first year and should rise over a period of four years to 2.5 billion marks per year
 April 9th The Dawes Plan provides short term economy benefits to the German economy, It softens the burdens of war reparations, stabilizes the currency, and attracts increased foreign investments and loans to the German market
 April 9th The German Reichsbank would be reorganized under Allied supervision
 April 9th The Ruhr area is to be evacuated by Allied occupation troops
 April 9th The sources for the reparation money should include transportation, excise, and custom taxes
1924
Dawes Plan
Marx, Wihelm
 Aug 29th Dawes Plan agreed by Reichstag

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