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.

Example Sentences

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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