The treaty of Versailles after World War I imposed heavy reparations burden on defeated Germany. This financial burden was the real cause of discontent that ked to acceptance of hitlerism was utilized by the international bankers for their own. Benefit.
Wall Street Bankers offered profitable loans for German cartels in the United States. The Dawes Plan and later the Young Plan were engineered by these central bankers and sponsored by the US Government.
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 and Belgian troops occupied the Ruhr in response to Germany's failure to meet its reparations obligations.
The Plan set up a staggered schedule for Germany's payment of war reparations, provided for a large loan to stabilise the German currency and ended the occupation of the Ruhr. It resulted in a brief period of economic recovery in the second half of the 1920s, although it came at the price of a heavy reliance on foreign capital. The Dawes Plan was superseded by the Young Plan in 1929.
Because the Plan resolved a serious international crisis, the American Charles Dawes, who headed the group that developed it, received the Nobel Peace Prize in 1925.
