13 agos 1923 año - Stresemann appointed as chancellor, aiding Germany with economic recovery

Descripción:

Stresemann helped Germany out of the year of crisis.
He called of passive resistance and production started again in the Rhur.
He scrapped the old worthless currency and introduced the Rentenmark then the permanent Reichsmark.
Reparations started being paid again, France left the Rhur. The Young plan of 1929 reduced the reparations too.
He accepted the Dawes Plan in 1924, this provided Germany with a huge American loan which would help them rebuild trade and industry
Stresemann also improved German foreign relations. The Locarno Treaty agreed the western borders. Germany was also allowed into the League of Nations in 1926.

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