germany under stresemann
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- Created on: 02-05-14 08:22
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- Germany under stresemann
- the Dawes plan
- agreed on ,August 1924
- Rhur would be evacuated .in 1925
- USA would give loans
- Reichsbank would re-organize
- ECONOMIC RECOVERY
- The Rentenmark
- introduced in NOV 1923
- Gradually replaced by Reichsmark , backed by gold reserves
- one year later
- Gradually replaced by Reichsmark , backed by gold reserves
- issued in limited amounts
- based on property values rather than gold reserves
- introduced in NOV 1923
- US loans
- started 800 million marks
- loans of nearly $3000 million
- Helped Economic recovery and paying reparations
- The Young Plan
- government complained about the level of payments
- 1929 Owen young investigate about REPS.
- figure was reduced from 6600 mill. pounds to 1850 mill. pounds
- had to pay within 59 years
- The Rentenmark
- International relations
- The League of Nations
- For T.L.T. to happen it must join this
- SEPT. 1926 got a permanent seat in the council
- this position was used to bring the young plan
- The Locarno Treaties
- stresemann wanted to improve relations to restore international prestige
- moreover to get france to co-operate to reduce REPS
- signed in 1925
- between :Britain France Belgium and Italy to keep existing borders between bel.fre.ger
- stresemann wanted to improve relations to restore international prestige
- The Kellog-Briand Pact
- 64 other nations
- 1928
- 1.Keep armies for defence 2.any international disoutes should be solved peacefully
- The League of Nations
- RESULT
- 1925,France withdrew from the Rhur
- in 1927 Alied troops withdrew from the rhineland 5 years before schedule
- Allies agreed to the Dawes Plan and the Young Plan
- the Dawes plan
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