Stresemann Era - The Ruhr Crisis Flashcards
September 1923
Passive resistance called off, improved relations with France (left the Ruhr)
October 1923
Army is told to crush communist revolt in Hamburg, showed the strength of the gov and improved relations with the right wing
November 1923
The Rentenmark is issued with limited circulation, the earlier currency had no value so now Germany could rebuild the economy
1923-24
The Reichsbank is made to overlook the currency (Hjalmar Schacht as its president), Germany could trade again and proper bankers could solve money issues instead of politicians
Key figures?
Gustar Stresemann, centre-right politician supported democracy and Weimar Rep, chancellor (Aug - Nov 1923)/foreign minister (1923-1929)
Von Hindenburg, president from 1925-1934 and WW1 field Marshall = gave people more trust in the gov