dawes plan 1924
diagram..
The Young Plan
- US took money gave it to germany
- Germany took that money and put peopl to work
- Then the germans payed income taxes back to the goveremtn and trying to get the economy goign to pay back reparation
- Reparations are given back to the US. Then giving that money back to the US to help out
The Young Plan
- Owen D young american banker
- Recommendation that german reparations should be reduced
- annual payments to be made on a scale model
- Germans hate on it (Hitler)
Summary
Plans in effort to repay debt and make reparations between allies