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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 Labour Party opposed the occupation of the Ruhr throughout 1923, which it rejected as French imperialism. The British Labour Party believed it had won when Poincaré accepted the Dawes Plan in 1924. [40] Despite his disagreements with the United Kingdom, Poincaré desired to preserve the Anglo-French entente and moderated his aims to a degree.
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 Dawes Plan led to a boom in the German economy, as well as a sentiment of international cooperation. [110] Building on the success of the Dawes Plan, U.S. ambassador Alanson B. Houghton helped organize the Locarno Conference in October 1925. The conference was designed to ease tensions between Germany and France, the latter of which feared ...
The Dawes Act of 1887 (also known as the General Allotment Act or the Dawes Severalty Act of 1887 [1] [2]) regulated land rights on tribal territories within the United States. Named after Senator Henry L. Dawes of Massachusetts , it authorized the President of the United States to subdivide Native American tribal communal landholdings into ...
1924 – The Dawes Plan March 4, 1925 – President Coolidge begins full term, Dawes becomes the 30th vice president 1925 – Scopes Trial , whose outcome found that the teaching of evolution in the classroom "does not violate church and state or state religion laws but instead, merely prohibits the teaching of evolution on the grounds of ...
The Tenure of Office Act was a United States federal law, in force from 1867 to 1887, that was intended to restrict the power of the president to remove certain office-holders without the approval of the U.S. Senate.
The intervention was a failure, and in summer 1924 France accepted the international solution to the reparations issues as expressed in the Dawes Plan. [ 49 ] In the 1920s, France established an elaborate system of static border defences called the Maginot Line , designed to fight off any German attack.