The contents of the "Dawes Plan" were: the Allied Powers supervised the reorganization of the Deutsche Bank, implemented currency reforms, and the Allied Powers loaned 800 million gold marks to Germany to stabilize the value of the German currency.
The annual limit for German reparations was stipulated, starting from 1 billion gold marks in the first year (1924-1925), increasing year by year, and increasing to 2.5 billion gold marks per year in the fifth year (1928-1929); Germany's financial source for paying reparations came from tariffs
, tobacco, alcohol and sugar monopoly tax, railway revenue and industrial and commercial enterprise tax.
Germany is allowed to issue 11 billion gold marks for railway bonds and 5 billion gold marks for industrial bonds; Germany's financial foreign exchange, railway operations and tax collection affairs are subject to international supervision.
Any future disputes over the issue of compensation will be handed over to the arbitration committee for resolution, and no country can impose sanctions on Germany alone.
Private banks will import capital into Germany to help Germany recover, and the American Morgan Company is willing to provide Germany with the loans needed for the Dawes Plan.
On the surface, the purpose of the "Dawes Plan" is to prompt Germany to actually enter the reparations process, but in essence it is the United States' attempt to increase its influence on Europe.
In 1922, the United States did not have enough strength to overturn the colonial system established by Britain and France, and its influence on Europe was seriously insufficient. Therefore, the United States did not even join the League of Nations because it was worried that it would not be able to control the League of Nations and would then become a slave to Britain and the United States.
Vassal of France.
However, the United States was obviously unwilling to stay outside the Old Continent, so it came up with the "Dawes Plan" to try to bring the United States back to Europe.
The Americans thought they had a plan, and the British politicians were not stupid, so they received the "Balfour Note" from British Foreign Minister Arthur Balfour. We don't want compensation anymore. You Americans should go back to America and stay.
However, the "Balfour Note" clearly offended France's interests. In order to keep the United States out of the country, Britain would rather not even pay reparations from Germany. The French did not agree. France still counted on Germany's reparations to restore its economy. It was impossible to give up.
.
It is a pity that France, which is obsessed with Germany, also disagrees with the "Dawes Plan" proposed by the United States, because France smells Germany's regaining strength from the "Dawes Plan". Once Germany becomes strong again, France will be unlucky.
Knowing these backgrounds, Roque really wanted to turn around and leave. Europe is now a mess. All countries are only considering their own interests and have not noticed that the real crisis is approaching.
On September 25, Rock arrived in London.
Before Rock arrived in London, representatives from various countries had already held a consultation, but unfortunately there was no result. C.G. Dawes, who represented the United States at the London Conference, had a big quarrel with British Foreign Minister Arthur Balfour, and the French Colonial Minister
Albert Salau fanned the flames on the sidelines. He neither agreed with the "Dawes Plan" nor the "Balfour Note", and he could not offer any constructive suggestions.
Rock checked into his manor on the outskirts of London? That night Winston and Leonard Capet came to see Rock.
"Sorry Locke? I really want you to have a night's rest and come back to you tomorrow? Unfortunately, the situation is not good? You don't have more rest time now -" Winston's body has gained weight at an alarming rate compared to a year ago.
Has it reached the point where you have to take two breaths when you go up to the second floor? This guy is a smoker and drinker now. He can smoke one cigarette for a whole day.
Smoking one cigarette a day means one cigarette after another? Never stopping in between? It does great harm to the body and is particularly unhealthy.
"Leonard, long time no see -" Rock didn't need to greet Winston. The relationship between the two had reached a point where no formalities were needed.
"My lord? Good evening." Leonard Capet was a little reserved? He was always uncomfortable when facing Roark.
This is normal. He is a cheap uncle. Roque cannot give Ada a status. This is Leonard Capet's biggest regret.
"What do you think of the Americans' proposal?" Winston said without being polite and got down to business.
"I'm sorry? I don't quite understand the situation yet -" Roque would not express his opinions easily, as he might offend others.
"The Americans are trying to dominate the negotiations with Germany. This will definitely affect our interests and those of France. We cannot let the Americans get what they want." Winston said directly. In fact, it is obvious that the Americans want to expand their influence through aid to Germany.
? Gain economic benefits by the way? Britain wants to support Germany to balance France? France wants to suppress Germany's continued blood sucking.
"But if the Germans have no money, they will not be able to pay the compensation. It would be good if the Americans are willing to lend money to the Germans -" Leonard Capet was a qualified businessman, but his sense of politics was still a bit dull.
Of course, it all depends on who you are comparing with. Let’s not talk about Roark, who is a loser. Winston is the greatest British man in history. His political talent is absolutely top-notch. Compared with Winston, most of the people in the world
People are stupid.
"Are you stupid? Even if you want to lend money to the Germans, it can't be the American Morgan Company. Does the Reichsbank have no money? Does the Rand Bank have no money? Does the Bank of Paribas have no money?" Winston still looks down upon it.
American upstart Leonard Capet is a shareholder of BNP Paribas.
Loans must come with additional conditions. Germany cannot provide collateral now, and there may be a risk of defaulting on the loan after the general election.
Of course, huge risks also mean huge gains, and capitalists are never kind.
"The Bank of Paris has money, but it will not lend it to the Germans -" Leonard Capet is not stupid. France hopes that Germany will never pay back the money, so that France can occupy the German Ruhr forever.
"I just received news that the Germans agreed to the 'Dawes Plan' proposed by the Americans, but the prerequisite is that France and Belgium withdraw their troops from the Ruhr." Winston sneered. The Germans are not stupid. They ask for high prices and pay back the money on the spot.
The Americans have the American plan, and the Germans have the German wall ladder.
"This is absolutely impossible. Once Germany regains possession of the Ruhr, Germany will regain its strength at an extremely fast speed. Have you all forgotten the trauma that the world war brought to the world?" On this issue, Leonard
·Cape will not give in either.
Winston spread his hands and gave Roark a look that Roark could understand.
See, that's what happened.
Roque was also speechless. You can't blame the French for not giving in. Roque would definitely not have given in if it was Leonard Capet.
If the "Dawes Plan" is implemented, then Germany will receive a large amount of financial support, and Germany will definitely use part of it to pay compensation. However, before that, the German government will first use the funds to restore the national economy and people's livelihood, so that Germany will have
This is a huge threat to France.
To put it bluntly, the English Channel separates the United Kingdom from the European continent, and the Atlantic Ocean separates the United States from Europe, so neither the United Kingdom nor the United States care whether Germany regains its strength.
However, there is only the Maginot Line between France and Germany, which Germany can bypass at any time. If Germany becomes stronger, France will face disaster.
Speaking of the Maginot Line, I don’t know what the French thought. In the World War that just passed, Germany bypassed the solid defense line on the German-French border through Belgium and directly attacked the French mainland.
As a result, the newly built Maginot Line in France after the World War also did not cover the Franco-Belgian border——
This is very funny. If war breaks out again, it is certain that the Maginot Line will still not play any role.
In fact, when it comes to this issue, it is not that the French turn a blind eye, but that the relationship between France and Belgium is there, and it is impossible to treat Belgium as an enemy. This is probably the notorious political correctness in the future.
Rock stood up to pour wine for Winston and Leonard Capet. It was winter in London in October, and Rock was wearing a two-piece suit with a shirt and a vest indoors. Although he was over forty years old, Rock's figure
Winston is still envious of him. Rock has maintained a healthy and standard figure through constant exercise all year round. In the dimly lit retro study room, Rock's every move is heart-wrenching.
"Reynard, think about this question seriously. Does France need to pay reparations or get nothing?" Roque handed the wine glass to Leonard Capet and sat on his desk leisurely. This question seemed unnecessary.
choose.
Leonard Capet fell into a long silence.
By accepting the "Dawes Plan", France can get the reparations it wants.
If France does not accept the "Dawes Plan" and continues to occupy the Ruhr, France can indeed suppress Germany.
However, as a result, France will also linger in an economic downturn for a long time, and the gap with the United Kingdom, the United States, and southern Africa will further widen.
Not to mention the United Kingdom, the United States, southern Africa, and even Japan and Italy now dare to make irresponsible remarks about France. This situation really makes Leonard Capet sad.
"My Lord, if Germany regains its strength, France will still be the most harmed." Leonard Capet seemed to hope to get a promise.
"Reynard, you have to believe in the friendship between us. If the Germans dare to provoke a war, they will only bring humiliation to themselves." Rock seemed to have given a promise, but this promise was a bit ambiguous.
If there is another world war, Britain will definitely remain an ally of France, but southern Africa is thousands of miles away and will certainly not be able to provide timely assistance to France.
Of course, the final victory will definitely still belong to the side of justice. From this perspective, Rock has not broken his promise.
"Lord, I hope you can remember today's promise. If Germany provokes a war again, France and southern Africa will still fight side by side -" Leonard Capet did not seem to realize that he said this sentence.
At this time, Winston's face looked horribly ugly.
France and Southern Africa fight side by side!
What about the British Empire?
The British Empire played a huge role in the last world war and should not be ignored so easily.
