P6- Stresseman Flashcards
-stresseman’s initals actions in 100 days leading broad coalition
-no passive resistance + pay reparations - conciliated france - evoke sympathy for geramny’s positionÊ
-stresseman’s initals actions in 100 days leading broad coalition -who led introduction of retenmark ?
-Hjalmar Schact
why did weimar repbulic survive?
-popular anger directed to french – businessmen benefitted from hyperinflationÊ
thesis for why weimar republic survived ?
-despite ditress + disillusionment – hostility not yet at unreasonable levels
years of 1924-29 percieved as years of ?
-political stabilityÊ
economic strengths in recovery years - industrialÊ
-1928 production levels exceed 1913 levelsÊ
success - what did parker american economist say ?
-‘since stabilisation in 1924, germany’s reconstruction kept pace w/ europe - essential part in process of european reconstruction’
HOWEVER, deceptiveness of industrial recoveryÊ
-uneven growth imports exceed exportsÊ
what did Borchardt say about germany ?
-‘slow growth + relatively sick economy - could not have gone on the same way if depression had not occured’
social welfare - what in 1927 ?
-compulsory unemployment insurance - 17 million workers covered + more council housingÊ
weaknesses in welfare ?
-cost met by increasing debts –> 1928 expenditure 26% GNP - double pre war figureÊ
what did stresseman say about 9124-29 economy?
-‘dancing on a volcano’
7 govs 1923 - 1930 ?
-2 majorities and longest survived for 21 months
stresseman known as ?
-ludendorff’s young manÊ
what did stresseman’s early nationalism find expression in ?
-Kaiser’s Weltpolitik (policy to make germany overseas power)
what party did Stresseman form?
DVP
what did stresseman want - became known as what ?
-became more liberal - constitutional monarchy –> Vernunfrepublikaner (rational republican)
stressmans’s main aims w/ allies:
-recognise france’s security concerns + attract sympathy from allies for foreign investmentÊ
main terms 1924 dawes planÊ
-reoganise germany currency - international loan 800 million marks from USÊ
successes of dawes plan in short termÊ
-‘win for financial realism’ –> cash starved economy gained credit + french leave Ruhr 1925 / mothly installments calculated against germany capacity to payÊ
weaknesses of dawes plan in long termÊ
-dependent on american loans - link german fortunes to powerful external forces
when was the locarno pact ?
Oct-25
main agrrements of locarno?
-boarders franco german accepted // demiliatrisation rhineland permanent // arbitration treaties settled minor disputes peacefully
significance of locarno treaties?
-geramny freed from isolation allies / an equal partnerÊ
