Gustav Stresemann and The Dawes Plan
Gustav (next chancellor after Ebert) Took over control of Weimar Germany
Brought in Retenmark- stabilize
Paid reparations with help of Dawes Plan
Young Plan in 1929
Unpopular amongst Germans- he’s agreeing to Paris Peace Deal where as majority doesn’t agree
Brought in Retenmark- stabilize
Paid reparations with help of Dawes Plan
Young Plan in 1929
Unpopular amongst Germans- he’s agreeing to Paris Peace Deal where as majority doesn’t agree
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Summary: Guastav was the man who solved hyper inflation within Weimar Germany by introducing the Reternmark as a way to continue paying reparations. The Dawes plan contributed in helping him to do this as the income money from USA was used.