The Dawes Plan temporarily resolved the issue of the reparations that Germany owed to the Allies of World War I. Enacted in 1924, it ended the crisis in European diplomacy that occurred after French a
The Dawes committee in Berlin. Dawes is seated fourth from left. On his left is Owen Young, from whom the 1929 Young Plan took its name.
German External Loan, issued 15 October 1924
Charles G. Dawes (1865–1951), who was awarded the 1925 Nobel Peace Prize for his work on the Dawes Plan
Wilhelm Marx was a German judge, lawyer, and politician who twice served as chancellor of Germany during the Weimar Republic, from 1923 to 1925 and again from 1926 to 1928. He also briefly held the po
Marx in 1923
Centre Party leader Marx entering the Reichstag, June 1928