Key Question 2: Change in Foreign and Economic Policy (1924-1929) Flashcards
(18 cards)
Stressmann’s 100 Days: Problems
- hyperinflation
- French and Belgium troops occupying Ruhr
- gov had no clear policy
- various left-wing political disturbances - attempted communist uprising
- Bavaria was defying national gov - Munich putsch
Stressmann’s 100 Days: Achievements
- appointed in August 1923, led a broad coalition of DVP, DDP, ZP and SPD
- called passive resistance in Ruhr and promised to resume payment of reparations
- conciliate the french to gain sympathy
- appointed Schaht to oversee introduction of new currency - Dec 1923 trillions was replaced by the Rentenmark
- evolved sympathy from allies - conference held on German economy (Daws established)
Stressmann’s 100 Days: Survival of Weimar
- anger directed towards french and allies than the republic itself
- inflation: not as bad as depression
- employers showed less hostility
- businessmen did have good run in inflation
- years of stability 1924-1929
- economic recovery
- political stability
What did President Hindenburg do?
- no clear successor after Ebert died
- very controversial election, but he proved to be loyal to the republic
- some hoped he would restore the empire or create a new military regime
- acted as the Kaiser
- he had no sympathy for Republic, used DNVP in gov and excluded SPD
- “he refused to betray the republic, but didn’t rally people under the banner” - Nazi slips in
- failed to make progress - coalition collapsed 1926, growing contempt
What were Stressemann’s views before joining the Republic?
- supported the Kaiser (1919) - supporter of Siegfreidge
- 1918 support for Treaty of Brest-Litvosk
- Ludendorff’s young man
- formed DVP party
Main Dates for Stressmann
- 1918 founded Germans People Party and sought to form a coalition government with other parties
- Chancellor in 1923, Foreign Minister in 1923-1929
Pointers that state Weimar didn’t have a ‘Golden Era’
- 1926 production declined, overseas trade the value of imports exceeded exports
- unemployment never fell bellow 1.3 million, even before the Wall Street crash 1.9 million were jobless
- income per head in agriculture was 44% below the national average
- savers lost a great deal of money in the Great inflation, there was less enthusiasm to invest
- 1925 kept running into debt
Weimar Political Parties (1924-1929): Liberals (DDP, DVP)
- not strong, DDP and DVP joined in all the coalition gov of the period
- leader was Stressmann, possessing Republic’s only really capable statesman
- collapse in 1930s due to divisions in parties
- DDP had a clear lack of leadership and it’s membership was involved of Bickering over policy
- failed to gain popular support; 1929 position declined
Weimar Political Parties (1924-1929): DNVP/NSVP (German National People’s Party)
- opposed to Republic and it’s refused to take part in government
- republic recovered after 1923 and hopes of a right wing gov was failing
- influence on government, meant they had to participate in government
- 1925-1927 joined gov coalition
- not popularly and vote fell by a quarter
Weimar Political Parties (1924-1929): SPD
- 1932 SPD remained largest party in Reichstag, although firmly supported the Republic
- divided by desire to uphold interests of working class and it’s communicated to democracy
- some members connected with trade unions, feared that joining coalition with other parties, would weaken principles
Weimar Political Parties (1924-1929): Centre Party (Zentrum ZP)
- provided real political leadership in Weimar politics
- ZP electoral support was solid and party participation in all coalition gov from 1919-1932
- support didn’t increase
- 1928 leadership eventually passed the Ludwig Kaas and Heinrich Bruning
What were Stressmann’s Aims and Objectives?
- free Germany from ToV
- Play on Germany’s vital importance to world trade
- maintain Rapallo Treat based on friendship with USSR
- encourage co-operations and peace with Western Powers
- restore power and prosperity, end climatic isolation
- comply/fulfil terms of ToV to improve relations with France and Britain
- gain economic aid from USA
Stressmann’s Help: Young Plan 1929
Annual reparations payments are lowered and time to repay was lengthened to billions and given until 1988 to pay. Allies supervisions discontinued, as a settlement Germany was apart of the reparation negotiations.
Stressmann’s Help: Dawes Plan
- in 1924 USA loaned Germany 800 million gold marks.
- Payment of reparations was to be made annually in line with Germany’s economy.
- Allies maintained control of the railways, the reich bank and custom dutties
- French promised to evacuate Ruhr in 1925, currency changed to the Rentenmark
- helped economy
- only paid 1560 million and later payments suspended in 1932
Stressmann’s Help: Locarno Pact
- signed 1 December 1925, 1926 joined League of Nations, 1928 signing of Kellog-Birand pact and 1929 evacuate Rhineland
- France, Britain, Italy, Germany, Belgium, Poland and Czechoslovak were involved
- Germany freed from isolation and was treated equally
- confirmed existing frontiers and remilitarising of the Rhineland
- no border with Poland
Stressmann’s Help: Treaty of Berlin
- signed 24 April 1926 - reversed claims made by Russia
- Austria-Hungary, France, Germany, Britain, Ireland, Italy, Russia and Ottoman Empire were involved
- Germany and USSR pledged to neutralise in the event of an attack by a third party
- allowed Germany to circumvent some of the military restrictions imposed on Versailles
Points of Good European
- some people criticise Stressmann for ignoring German interests at all time e.g. Erfullungspolitik
(Accepting ToV terms) - even when facing attacks he still perused politics he is prepared to accept ToV causes
- pushed for minimal reforms related to Versailles to keep peace e.g. Locarno (Germany wouldn’t gain back western land)
- helped global relations by gaining permanent seat on LofN
Points for Good German
- pro-European actions were a ploy to regain power
- fulfilment was German policy before and it also saw Germany gain better
- Locarno helped secure western boarders and have them a chance to win back western territory
- removed allied troops from Rhineland (1930)