It included four major points: 1. The Rurh was to be evacuated by Allied troops; 2. Reparation payments would begin at $1 billion marks the first year, increasing to $2.5 billion annually after five years; 3. The Reichsbank would be reorganized under Allied supervision; and 4. The sources for the reparation money would include transportation, customs and excise taxes. Futher, the Dawes Plan did rely on foreign aid from the United States. The plan was accepted by all by September 1924. However, despite short-term benefits to the German economy, it also made Germany dependent on foreign markets and economies. Dawes was the recipient of the 1925 Novel Peace Prize, but by 1929 the plan was in shambles and had to once again be reorganized.

Romanticism - What was it that the Romantic poets, authors and composers tried to bring to the world? The Romantic Movement, coming to its height as...
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