•Called off passive resistance and workers went back to work
•France used these productions to pay the reparation
• Allies prepared to negotiate reparations payment since he solved problems in the Ruhr
New currency
• Replaced the now worthless German marks with RENTENMARK
•This stopped the hyperinflation because people had more confidence in the currency
Dawes plan
• This agreement was signed by the Allies
•America would loan Germany 800 million gold marks to pay reparations over a longer amount of time
• Germany's economy recovered
Stresemann quoted the Dawes plan like "Dancing on the edge of a volcano" because if America wanted the money back then Germany would fall
Young Plan 1929
• Reduced reparations payments again
• The willingness to co-operate increased relations with the Allies
• Germany was allowed to join League of Nations in 1926
Economy
• Foreign banks were willing to give Germany money.
• 3 million homes, roads and railways were built and rebuilt
• German production had increased because of this
• Extremists were not elected because German people were happy.
Politics
• Hitler staged a putsch in November 1923 which he thought would of won him support
• Streseman crushed this rebellion with the support of the army and police.
• Hitler was sentenced to jail for 5 years with many other Nazis
• Hitler was not allowed to speak publicly until 1928
• Streseman managed to win support of the German people over the extremist parties as the German people were happy with Streseman's policies.