Germany and the Dawes Plan

Archive Report

The stability which the adoption of the Dawes Plan has assured to Europe for at least a number of years is making possible the refunding of many of the foreign debts to the United States. The increased confidence which it has engendered is enabling Europe to return gradually to more stable economic conditions. Foreign loans in increasingly large amounts are being floated in the United States.

It is a little more than a year ago since the London protocol, adopted on August 16, 1924, made the application of the Daves Plan practicable. On September 1 the plan began to function and it is now possible to review its practical results so far as Germany is concerned.

Prospects of Success of Plan

In considering the present relationship between ...

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