Financial Recovery Of Germany

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  • FINANCIAL RECOVERY
    • SCHACT
      • Supporter of Hitler
      • Appointed director of National Bank of Germany aged 39
      • Official currency commissioner
      • Introduced Rentemark, stabilizing Germany's economy
    • STRESEMANN
      • Political background and accomplished academic
      • Chancellor = August 1923
      • FORMED GRAND COALITION
        • DVP - German Peoples Party
        • SPD - Socalist Party
        • DDP - German Democratic Party
    • THE DAWES PLAN
      • Formulated to take Germany out of Hyperinflation
      • Ruhr given back to Germany
      • Reperation payments reconstructed
      • American Loaned Germany Money
      • Reconstrcution of Germanys national bank

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