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jan 1, 1924 - Dawes Plan

Description:

This plan made by the U.S. helped ease the burden on Germany after World War I to pay reparations. U.S. banks lent Germany money to pay its reparations to European countries, which then paid the U.S. their debts.

Added to timeline:

Date:

jan 1, 1924
Now
~ 101 years ago