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Dawes Plan

A Dictionary of World History | 2000 | © A Dictionary of World History 2000, originally published by Oxford University Press 2000. (Hide copyright information) Copyright

Dawes Plan (1924) An arrangement for collecting REPARATIONS from Germany after World War I. Following the collapse of the Deutschmark and the inability of the WEIMAR REPUBLIC to pay reparations, an Allied payments commission chaired by the US financier Charles G. Dawes put forward a plan whereby Germany would pay according to its abilities, on a sliding scale. To avoid a clash with France (which demanded heavy reparations and had occupied the Ruhr to ensure collections) the experts evaded the question of determining the grand total of reparations, and scheduled annual payments instead. Germany's failure to meet these led to the Plan's collapse and its replacement by the YOUNG PLAN.

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Related entries from encyclopedias, dictionaries, and thesauruses

Dawes, Dominique 1976
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Dawes Plan
Book article from: The Columbia Encyclopedia, Sixth Edition Dawes Plan presented in 1924 by the committee headed (1923-24) by Charles G. Dawes to the Reparations Commission of the Allied...same year by Germany and the Allies. The Dawes committee consisted of ten representatives...
Charles Gates Dawes
Book article from: The Columbia Encyclopedia, Sixth Edition ...Ohio. Admitted (1886) to the bar, Dawes practiced law in Lincoln, Nebr...reparations committee that advanced the Dawes Plan as a means of stabilizing postwar...of the Nobel Peace Prize in 1925. Dawes served (1925-29) as Vice President...
Dawes, Charles Gates
Book article from: World Encyclopedia Dawes, Charles Gates (1865–1951...of the currency under William McKinley . Dawes received the 1925 Nobel Peace Prize for his work that produced the Dawes Plan (1924) for stabilizing the German economy...
Reparation Commission
Dictionary entry from: Dictionary of American History ...reparations by the early 1920s. Charles G. Dawes, an American banker, was asked by...reparations be paid on a fixed scale. The Dawes Plan was initially a great success because...Commission ceased to exist. BIBLIOGRAPHY Dawes, Rufus Cutler. The Dawes Plan in...

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