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jun 7, 1929 - Young Plan

Description:

another revision of the reps

total sum reduced from 132 B marks to 37 B marks,
annual payments lowered,
to be paid over 58 years,
Allied supervision discontinued,
agreement for the Allies to leave the Rhineland earlier

Economically and diplomatically this was a great success,
but it did not go down well w/ all Germans

Added to timeline:

22 Feb 2023
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Date:

jun 7, 1929
Now
~ 97 years ago