At the end of World War I, the Allied Powers included in the Treaty of Versailles a plan for the reparations for which Germany would be liable. It established an interim 20 billion See more

The debate over the Dawes Plan in the Reichstag affected the formation of a new government following the May 1924 Reichstag election. … See more

• Gilbert, Felix (1970). The End of the European Era: 1890 to the present. New York: Norton. ISBN 0-393-05413-6.
• McKercher, … See more

The Dawes Report stressed in its introduction that "the guarantees we propose are economic and not political in nature". The resulting Dawes Plan covered payment amounts and timing, sources of revenue, loans to Germany, currency stabilization and … See more

The influx of foreign credit led to the upswing in the German economy that underpinned the "Golden Twenties" of 1924–1929. Overall economic production increased 50% in five … See more

Media related to Dawes Plan at Wikimedia Commons See more