Young Plan Flashcards
What did the Young Plan mean?
It meant that Germany had to continue paying reparations until 1988. The total reparations bill was considerably reduced with Germany being required to pay £1.8 billion instead of the original sum of £6.6 billion. The annual payment was increased.
What did the French refuse to do?
They refused to withdraw their forces from the Rhineland until a final settlement of the reparations issue had been agreed.
What did Stresemann do in response to the French’s refusal?
He agreed that the issue should be considered by an international committee headed by the American businessman Owen Young.
When did this international committee meet?
In Paris in 1929 with Schacht as one of Germany’s representatives and produced a report on the final settlement of the reparations issue.
What kind of reactions did the Young Plan invoke?
It was unpopular because it showed that the legacy of Germany’s guilt would be forever reminded.
What did the conservatives do in response to the Young Plan?
They drew up the draft of a law - ‘freedom law’ - which they demanded should be submitted to a national referendum. It required the govt to reject the war guilt clause of the ToV. It declared that any minister who signed a treaty that involved acceptable of war guilt would be tried for treason.
Who led this ‘freedom law’?
Alfred Hugenberg along with other conservative groups like the Nazis.
How many people were in support of this law?
4,135,000 signatures were signed in the petition.
What happened in the Reichstag debate?
This law was rejected and put to a referendum where it was also defeated.
How many people voted for this ‘freedom law’ in the Reichstag?
5,825,000 which indicated the depth of support of right-wing nationalism.
