Zusammenfassung der Ressource
Stresemann
"The Golden
Years"
- Successes
- The Dawes Plan (1924)
- Reduces repearations
- Sensibly stages payments
- French withdrew
from the Ruhr
- 8 million mark loan from USA
- Helped German industry
and reparation payments
- The Young Plan (1929)
- Timescale of 59
years for
repayments
- Responsibility for
repayments given to
Germany
- French evacuate the
Rhineland by June 1930
(5 years ahead)
- More stable
government
- Stresemann was a
popular leader
- Little support
for extremist
parties
- Hindenburg was made
president and promised to
maintain the constitution
- Rentenmark (1923)
- issued in limited numbers
- based on agricultural/industrial morgage
- Could be exchanged for land or industry
as opposed to gold
- was converted into
the Reichsmark in
1924
- Backed by gold
- World wide relations
- Stresemann ended
passive resistance in the
Ruhr
- French = XD
- Signed Locarno
Treaties 1925
- Guaranteed Germany's
frontiers with France,
Belguim and Italy
- League of Nations
- Kellogg-Briand pact
- Solve conflicts by peaceful means
- Armies for self defence
- Assisted German economy
- Failures
- German nationalists
opposed the Dawes Plan
- Nationalists hated the
Young plan/further payments
- Constitutional issues
remained
- Extremists were
determined to overthrow
Weimar
- Hindenburg disliked the
new republic
- German recovery was
too dependant on US
loans
- Unemployment
remained