The DAWES PLAN, 1924
Dawes Plan
-US, German, French trade cycle
-US pays Germany which builds the German economy
-Germany uses profits to pay France reparations
-France uses money to pay US back war loans
-US, German, French trade cycle
-US pays Germany which builds the German economy
-Germany uses profits to pay France reparations
-France uses money to pay US back war loans
Young Plan
-Owen D. Young
-Recommendation that German Reparations should be reduced by 3/4
-Annual payments to be made on a scaled model
-Germans hate it (Hitler) - stop paying
-Owen D. Young
-Recommendation that German Reparations should be reduced by 3/4
-Annual payments to be made on a scaled model
-Germans hate it (Hitler) - stop paying
Dawes Plan
Young Plan
Summary
Plans in effort to repay debt and make reparations between allies.
Plans in effort to repay debt and make reparations between allies.