Notes
-An American who believed that Germany should be rebuilt by lending money to Germany
-Germany uses the money to build infrastructure
-Germany then uses the returns from the infrastructure to pay France back
-France then gives money to the US
-An American who believed that Germany should be rebuilt by lending money to Germany
-Germany uses the money to build infrastructure
-Germany then uses the returns from the infrastructure to pay France back
-France then gives money to the US
Summary
The Dawes Plan was a way to allow Germany to rebuild and for USA to receive more money from Britain and France by loaning money to Germany.
Quotes
It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world.
Thomas Jefferson
Subjunctive Question
Could the Dawes Plan resulted in a large deficit for the USA?
The Dawes Plan was a way to allow Germany to rebuild and for USA to receive more money from Britain and France by loaning money to Germany.
Quotes
It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world.
Thomas Jefferson
Subjunctive Question
Could the Dawes Plan resulted in a large deficit for the USA?