Stresemann plans/pacts Flashcards
(20 cards)
DP when
1924
DP loan
usa loaned germany 800 million gold marks
DP reperation
lowerced to 1,000 million marks for first 5 years to make more affordable
DP Allies
agreed to review payment rate over time to take into account germany’s economic situation
DP French
withdrawed troops from ruhr
YP total reperations
total reparations bill was reduced to around $8 billion. This would allow Germany to reduce taxes and invest more heavily in German industry which would provide more jobs for German workers.
YP time reperatios
The payments were to be made over 59 years at a rate of $473 million per year
Germany was only obliged to pay a third of the annual sum each year. It should pay the rest if it could afford to.
YP france
The French would leave the Rhineland by 1930 – 5 years earlier than agreed.
D&YP advantages
25.5 billion marks (mainly from USA) came to Germany between 1924-1930
Helped increase industrial output
Wages rose and the cost of living went down
Confidence in the economy was restored
‘Labour exchanges’ helped people find work
D&YP disadvatages
eavily reliant , wall street crash showed how weak germany was
-Middle class/mittelstand neber recovered, felt angry being squeezed between big business who could fend for itself + working class who had trade untons/SPD/KPD to defend
Farmers affected by worldwide depression, unable to modernines/ fall more into debt
When LofN
September 1926, Stresemann convinced the other great powers to let Germany join
LofN what
Germany was given a place on the League of Nations Council (they made the most important decisions)
LofN pros cons
Germans were happy because they were being accepted in the international community again
Opposition: Nationalists who saw the League of Nations as a symbol of the Treaty of Versailles
Locarno pact when
1925
LP Germany agreed
Germany agree to accept its western borders / demilitarisation of the Rhineland
Germany agreed that Alsace-Lorraine would remain French.
LP France agreed
France agreed not to occupy the Ruhr again
KBP when
1928
KP what and who
Based on the idea ‘to renounce war as an instrument of national policy’
62 nations, including Germany signed to renounce war
Germany was among the main powers again
Advatages overall
Germany was now being treated as an equal to the other European powers, rather than being ordered about by them
Disadvatages overall
Heavily reliant on loans
Opposition: Nationalists because Stresemann was accepting the Treaty of Versailles
