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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 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 ...
The adoption of the plan was followed by the Locarno Treaties. The subsequent "spirit of Locarno" saw an apparent reconciliation between the European Powers. The implementation of the Dawes Plan also saw a positive economic impact in Europe, largely funded by American loans. [74] Under the Dawes Plan, Germany always met her obligations. [75]
Charles Gates Dawes (August 27, 1865 – April 23, 1951) was an American diplomat and Republican politician who was the 30th vice president of the United States from 1925 to 1929 under Calvin Coolidge. He was a co-recipient of the Nobel Peace Prize in 1925 for his work on the Dawes Plan for World War I reparations.
The Locarno Treaties were seven post-World War I agreements negotiated amongst Germany, France, Great Britain, Belgium, Italy, Poland and Czechoslovakia in late 1925. In the main treaty, the five western European nations pledged to guarantee the inviolability of the borders between Germany and France and Germany and Belgium as defined in the Treaty of Versailles.
1925 – August/September: Adoption of the Dawes Plan by the German Government. The Allies end the occupation of the Ruhr. 1923 – Representatives from the towns of Köln, Düsseldorf und Duisburg found the "Studiengesellschaft für die rheinisch-westfälische Schnellbahn". A Schnellbahn (suburban railway) direct from Köln to Dortmund is planned.
The Dawes Plan was an attempt to find a solution to the crisis of World War I reparations, in which France was demanding that Germany pay strictly according to the London Schedule of Payments. When Germany was declared in default, French and Belgian troops occupied the key industrial Ruhr district in January 1923.