Main events in the Stresemann era
- Created by: Jess-smith
- Created on: 28-09-15 18:21
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- Main events taken by Stresemann
- League of nations
- Persuaded, in 1926, to be a member of league of nations.
- He wanted Germany to have equality and co-operate with other nations in the league.
- Most people were happy that the effects from the treaty were going away.
- Some political parties hated it because it was a sign of the treaty.
- Dawes plan
- Reparations would be reduced to an affordable level.
- 1924
- Depended on American loans to re-build economy.
- US banks gave loans to German industry.
- French agreed to leave the Ruhr.
- Industrial output doubled
- Employment went up.
- Imports and exports increased
- Government income from taxes improved.
- Locarno pact
- 1925
- Germany agreed to keep 1919 borders with France & Belgium
- France promised peace.
- Agreed to open talks about the German membership in the league of nations.
- Made war in Europe less likely.
- Stresemann given noble peace prize.
- Germany was equal.
- Political parties hatred of borders had been confirmed.
- Currency reform
- He set up a new state owned bank, the Rentenbank.
- Set up a new currency, The Rentenmark.
- 1923 & 24
- Printed in limited supply.
- German money was trusted at home and abroad.
- It had real value so hyperinflation stopped.
- Kellogg-Briand pact
- Germany and 61 nations signed Kellogg-Briand pact.
- Promised not to use war to achieve foreign policy aims.
- Signing it was Germany's way of forming a better relationship with France and the USA.
- Shown as a respective member of the world community.
- Weimar Republic was now a success.
- August 1928
- Young plan
- Given a further 59 years to pay reparations.
- Total reparations reduced from 6.6 billion to 2 billion.
- 1929
- Possible for government to lower taxes.
- Boosted industry and employment in Germany.
- Hitler said 'passing on penalty to the unborn'.
- League of nations
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