The Dawes Plan, 1924
Notes:
-Understand the triangle below
-The Dawes plan kick starts Europes economy
-The Dawes plan kick starts Europes economy
Video Link
Summary
The US leads money to Germany, Germany develops economy, Germany pays France back, France pays war loans to US. Works for everybody. Plus Germany will be made to pay US back because their developing their economy.
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Audio Link
Political Cartoon
Quote
"There is no legislation--I care not what it is--tariff, railroads, corporations, or of a general political character, that all equ als in importance the putting of our banking and currency system on the sound basis proposed in the National Monetary Commission plan." -William Howard Taft
Subjunctive Question
Would France and Germany be were hey are now if the USA hadn't given Germany loans?