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Dawes, who was the U.S. vice president at the time, received the Nobel Peace Prize of 1925 for "his crucial role in bringing about the Dawes Plan", specifically for the way it reduced the state of tension between France and Germany resulting from Germany's missed reparations payments and France's occupation of the Ruhr.
The Dawes Plan was a multi-national attempt to solve to the crisis of reparations that arose when Germany failed to meet the war reparations required of it under the Treaty of Versailles. When Germany was declared in default, French and Belgian troops occupied the key industrial Ruhr district of Germany.
The immediate crisis was solved by the 1924 Dawes Plan, an international effort chaired by the American banker Charles G. Dawes. It 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. [126]
The question then was whether an Indian born a member of one of the Indian tribes within the United States is, merely by reason of his birth within the United States and of his afterward voluntarily separating himself from the tribe and taking up residence among white citizens, a citizen of the United States within the meaning of the first section of the Fourteenth Amendment of the Constitution.
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Hughes helped organize the creation of an international committee of economists to study the possibility of lowering Germany's reparations, and Hughes selected Charles G. Dawes to lead that committee. The resulting Dawes Plan, which provided for annual payments by Germany, was accepted at a 1924 conference held in London. [63]
The safety of the LA community is our top priority. As of now, our Wild Card playoff game remains scheduled to be played at SoFi Stadium on Monday night.