How one man set about solving Germanys huge problems?

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GUSTAV STRESEMANN

• How one man set about solving Germanys huge
  problems?

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1923

• 1923 was an awful year for Germany!

RUHR INVASION
HYPERINFLATION
MUNICH PUTSCH
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Stresemann

• One man had the solutions and would rescue Weimar
  Germany (for a while.)
• Gustav Stresemann had been Chancellor and Foreign
  Minister.
• He set about tackling two sets of KEY problems in
  Weimar Germany
• ECONOMIC INSTABILITY
• POLITICAL INSTABILITY.

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Stresemanns 3 Economic steps
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1. THE RENTENMARK

• To STOP Hyperinflation Stresemann introduced a
  New Currency
• THE RENTENMARK
• This stopped Hyperinflation and stabilised the
  economy
• HOWEVER peoples savings had been ruined.

1 RENTENMARK
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2. THE DAWES PLAN 1924

• Stresemann did not want Hyperinflation. They
  wanted a solution to Reparations.
• The Dawes plan was set up
• This gave Germany longer to pay Reparations
• It allowed American loans for Germany to build up
  industry and pay reparations

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THE DAWES PLAN 1924
LOANS
Reparations
USA
Germany
GB FRANCE
War debts
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3. THE YOUNG PLAN 1929

• Germanys reparations are reduced to ¾ of the
  original
• Loans continued from the US
• Reparations were spread out over a longer period
• BUT what happens if America wants paid back ?

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Stresemanns 3 POLITICAL steps
Stresemann knew Germany had to regain her place
again in the world. He set about trying to make
Germany accepted again
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1. LOCARNO TREATIES 1926

• Agreement with Britain and France
• It promised NOT to invade each other to
  cooperate.
• It promised to recognise the borders after
  Versailles.

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2. GERMANY JOINS LEAGUE OF NATIONS. 1926

• This was like the United Nations now.
• Germanys acceptance showed a new willingness to
  accept her again into the international
  community.

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3.KELLOGG- BRIAND PACT 1928

• An agreement signed by 64 countries agreeing
  never to go to war
• Germanys acceptance made her look again like a
  world power

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