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Dawes plan

noun

  1. a plan to ensure payments of reparations by Germany after World War I, devised by an international committee headed by Charles Gates Dawes and put into effect in 1924.


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Example Sentences

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If this draft were accepted, Trump’s demands would amount to a higher share of Ukrainian GDP than reparations imposed on Germany at the Versailles Treaty, later whittled down at the London Conference in 1921, and by the Dawes Plan in 1924.

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The Dawes Plan of 1924 issued loans to help restructure Germany's finances, and the Young Plan of 1928 stretched out the reparations payments.

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The next year, and again in 1928, under the Dawes Plan and the Young Plan, the country’s debts were revised and extended, but this didn’t work either.

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Germany was able to rejoin the gold standard after the first world war thanks to the confidence-boosting Dawes Plan in 1924 dealing with reparation payments.

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Also, money going into the Dawes Plan dwindled due to the rise in the US stock market.

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