Dawes Plan

Article abstract: The United States develops a plan to assist Germany in recovering from World War I.

Summary of Event

In the aftermath of World War I, it appeared that the Treaty of Versailles had raised more problems than it had solved. Among the more pressing and complicated issues were the interrelated problems of German reparations and Allied war debts. By the peace treaty, Germany had been forced to accept blame for the war and to promise to pay damages suffered by the Allies. A special Reparations Commission fixed the sum owed by Germany at 132...

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