1924-1929 - the 'Golden Age' Flashcards
Impact of the SPD:
Remained the largest party until 1932.
Party was divided between it’s desire to uphold interests of the working class and the commitment to democracy.
SPD did not join any fragile government coalitions as some members feared it would weaken their principles.
Was not prepared to take control of government until 1928.
Was there a political golden age?
6 governments in 4 years – not a golden age because democracy clearly is not working.
By not inviting the SPD to a coalition mean’t no majority could be reached.
There cannot be political stability if the economy is not stable, basing the economy of a huge loan is risky.
They haven’t outlawed the Nazi Party.
Hindenburg as president
As president he proved totally loyal to the constitution.
It has been argued that his presidency acted as a substitute for the Kaiser.
The status of Hindenburg being the president gave the conservative rights some respect for the Weimar Republic.
However it is hard to ignore the pitfalls of Hindenburg as president.
What issues were there with having Hindenburg as president?
He had no real sympathies for the Republic and its values, those around his tended to be anti-republican. He thought the government should move to the right.
The DNVP:
Since 1919, the DNVP had been totally opposed to the Republic and it had refused to take part on government.
It had enjoyed success in electoral terms.
December 1924 – gained 104 seats.
Hugenburg:
The DNVP elected him as their leader, he was an extreme nationalist and Germany’s biggest media mogul, he owned 150 newspapers.
He utterly rejected the idea of government based on parliamentary democracy.
The Dawes Plan:
Calls off passive resistance and resume paying the reparations. The result was the Dawes Plan.
It was US backed. It was accepted in 1924, although it was opposed by the right wing and provided ample propaganda for the right.
The amount owed remained the same but the monthly instalments were more realistic and they received loans from the US.
How was the Dawes plan a success (in the short term)?
In the short term it was a success – there was more investment coming into German economy than was leaving.
It improved relationships with the US and more importantly France. However Germany’s economy was now hugely dependent on foreign fortunes.
The Young Plan:
It further revised the payments of the reparations – they now only had to pay a quarter of what was agreed in 1921, it was still a huge amount: 1850 million pounds.
However it unified the right under Hugenburg and brought Nazism into the mainstream. Although the anti-Young Plan movement (national opposition) failed, it focused opposition against democracy at a critical movement.
The Locarno Pact:
A series of treaties were signed which recognised Germany’s western borders and the demilitarised Rhineland.
It was important because it ended German isolation and unlike at Versailles, Germany was encouraged to take an active role in the talks.
It also stopped any potential French annexation of the Rhine and the Ruhr.
The Kellogg-Briand pact and the league of nations:
Germany was given a permanent position within the league of nations, an important step for Germany as they were now recognised as an important nation again.
Also, it outlawed war as an instrument of national policy. No real practical outcome, only that Germany was now working with 68 other nations.
The Treaty of Berlin:
It was aimed to keep relationships positive with the Russians.
It showed that Germany was prepared to work with other nations and that Germany was beginning to break free from it’s position as the poor man of Europe by ignoring requests from the West to break off ties with the east
It also enabled them to open up commercial expansion to the east which ehlped the economy.
Did Gustav Streseman succeed?
- He achieves a lot through democracy when the idea of diplomacy, especially when it concerned Germany was unheard of.
- However he did not tackle the biggest problem in securing Weimar’s future and making sure it was supported by and he never silenced the ever vocal extreme right. Also he presented them with a rallying point in the form of the Young Plan.
- He was “dancing on a volcano”. On the surface everything seems fine, but underneath there were deep long term issues – “deceptive stability”.
What were the strengths of the German economy?
Heavy industry recovered quite quickly, by 1928, levels were that of 1913.
Between 1925 and 1929, German exports rose by 40%. Such progress brought social benefits as well. Average wages rose every year from 1924 to 1930.
Benefits of social welfare
In 1927, a compulsory unemployment insurance covering 17 million workers was created. State subsidies were provided for the construction of local amenities. This, along with an increase in cars and the growth of the cinema industry showed that Weimar was enjoying an economic boom…