What Developments Between 1920- 1930 Were Aimed at Preserving World Peace and What Was the Impact of These Developments Upon International Relations?

Only available on StudyMode
  • Download(s) : 127
  • Published : June 13, 2012
Open Document
Text Preview
What developments between 1920- 1930 were aimed at preserving world peace and what was the impact of these developments upon international relations?

From 1920-1930, people were shell-shocked after the terror and brutality of the war. They were desperate to ensure that it never happened again, which lead to the creation of many new treaties designed to maintain the peace around the world. In 1924, the Dawes Plan was introduced to collect war reparations debt from Germany. The Dawes Plan aimed to begin payments at one billion marks in the first year, rising to two and a half million marks annually. The plan also stated that the Ruhr area was to be evacuated by Allied troops, and reorganize the Reichsbank, the central bank of Germany. Germany and the Triple Entente accepted the plan and it began in September 1924. Reparation payments were made quickly, but it became apparent that Germany could not continue repaying such large annual payments for much longer. The Young Plan was brought in as a substitute in 1929.

The Dawes plan provided short term benefits for the German economy. It stabilized the currency, dulled the burdens of war reparations, and brought more foreign investments to the German market. However, this made the Germany economy dependant on foreign economies and markets, which meant that later problems with the U.S economy, such as the Great Depression, hurt Germany as well. It also made the U.S economy vital to other western countries as the U.S loaned to Germany, which then made reparations to other European nations, which used the money to pay off debts to America.

The Kellogg-Briand pact was an agreement to renounce war, signed in August, 1928 by 65 countries. Originally it was formed only between France and the United States, but one of the authors of the treaty, U.S Secretary of State Frank B. Kellogg, altered it and proposed a multilateral pact against war. The treaty did not enforce punishments against countries that violated it;...
tracking img