The Dawes Plan Temporarily Solved the Financial Tangle of the Mid-1920s

question 12

Multiple Choice

The Dawes Plan temporarily solved the financial tangle of the mid-1920s by

• A) accepting British bases in America in lieu of loan repayment.
• B) persuading France and Britain to reduce Germany's war reparations.
• C) permitting British and French gold reserves in Switzerland to serve as guarantees for eventual repayment.
• D) developing a stretched-out schedule of Allied loan repayments at lower interest rates.
• E) loaning money to Germany so it could pay war reparations to the Allies, who could then repay the United States.

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