Young Plan
Notes
-Owen D. Young, American banker
-Recommendation that German Reparations should be reduced by 3/4
-Annual payments to be made on a scaled model
-Germans hate it (Hitler)
-Recommendation that German Reparations should be reduced by 3/4
-Annual payments to be made on a scaled model
-Germans hate it (Hitler)
Political Cartoon
Interesting fact
An aspect of the Young Plan designed to support Germany was the actual requirement of repayment per year. Germany had to pay a third of the sum required each year as part of a mandatory agreement – about $157 million
Subjunctive Question
Was the young plan also a stepping stone in the direction of WW11?
Summary
Young's plan was a program settling German War reparations after WW1. It was modified so that Germany's payments would be made through an annual scale model.