The Dawes Plan 1924
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OCR History A Level Democracy and Dictatorships in Germany
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The Dawes Plan
1924
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Overall amount of reparations
132,000 million marks (£6.6 billion)
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When was the amount of reparations confirmed
1921
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Schedule
Over 5 years annual payments would rise from 1,000 million marks to 2,500 million then at varying levels according to economic performance
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Conditions of the Dawes Plan
Allies maintained control of the:
- Railways
- Reichsbank
- Custom duties
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What loan was Germany given
800 million (to help stabilise the currency)
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Impact
Helped economic recovery and led to reparations being paid as scheduled
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Weaknesses
- Germany was reliant on the USA
- Germany had to pay back interest
- Fulfilment- right wing discontent
- Amount unchanged
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Strengths
- Boosts German, French, American and British economies
- France leave the Ruhr
- German economic problems received international recognition
- Germany are able to fulfil treaty; which prevents them being invaded and promotes positive international relations
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