The Stresemann Years 1924-29

1. The Stresemann Years 1924-29

2. Saviour Stresemann What is the message that is being portrayed in the cartoon? He looks right, he looks left, he will save me

3. Gustav Stresemann The Golden Years The Golden Years The Golden Years The Golden Years The Golden Years The Golden Years The Golden Years The Golden Years The Golden Years Learning Objective The Golden Years The Golden Years The Golden Years To be able to explain what contributed to the years of recovery in Germany 1924-29

4. Gustav Stresemann

5. Gustav Stresemann

6. Draw a volcano Stresemann 3 musical notes The economic position is only flourishing on the surface. Germany is in fact dancing on a volcano. From a speech by Stresemann 1929

7. Draw a volcano Stresemann 3 musical notes The economic position is only flourishing on the surface. Germany is in fact dancing on a volcano. From a speech by Stresemann 1929

10. The economic position is only flourishing on the surface. Germany is in fact dancing on a volcano. From a speech by Stresemann 1929

11. Whiteboard Hi 10 E Max Begley Jasmine Breaks Amelia Carter Olivia Cockroft Zach Liddle Lucy Moylan Hollie Mason Stephanie Lowry Nathan O’Grady Nicole Riach Louise Doodson Ben Drennan Jack Molloy Luke Richardson Kyle Farrar Alexandra Gaukrodger Edward Tankard Alexander Squires Amy Turner Alexander Taylor Leah Grange Ashley Johnson Paige Sutherland Jordan Swaine Heidi Wheildon Scott Johnston Aaron Sykes William Kneeshaw

12. French leave Ruhr, 1924 The Dawes Plane, 1924 Hyperinflation controlled, 1923 The Golden Years The Locarno Treaty 1925 The Young Plan, 1929 Economic Growth The Golden Years Social Reforms Political Stability

13. Help from America Prices stablized Hyperinflation controlled, Nov 1923 Stresemann called in all the old, worthless marks and burned them. He replaced them with a new Rentenmark (worth 3,000 million old marks). The value of the Rentenmark was set against the US dollar. More confidence A new currency Economic Recovery

14. Germany can afford to rebuild Reparations reduced Dawes Plan, 1924 This was a plan drawn up by the American banker Charles G Dawes. Under the Dawes Plan it was agreed that the annual reparations would be reduced. It was also agreed that to help the German economy that American banks would invest in German businesses. Loans from America More confidence Investment in Germany

15. Ends passive ressistance French leave the Ruhr, April 1924 It was very important to regain the confidence of other countries. Stresemann stressed the importance of going back to work to improve the German economy so the strikes and passive resistance was called off. Stresemann persuaded the French to leave and that Germany, with the help of foreign loans would be able to pay the reparations. Help with loans from America French soldiers leave the Ruhr

16. Threat of invasion is reduced • Locarno Treaty, 1925 • In 1925, Stresemann signed the Locarno Treaty, between Britain, Germany, France, Italy and Belgium. In this Germany agreed to • the loss of Alsace-Lorraine. • to keep to the new borders created in 1919. • In return the last allied troops left the Rhineland and France promised peace with Germany. Germany invited to Join the League of Nations Shows that other countries trust Germany.

17. More employment Loans from America Prices stablized Economic Growth Germany borrowed 25,000 million gold marks, mainly from America. This was used to build roads, railways and factories. The economy boomed and led to prosperity. Cultural life also boomed (the Roaring Twenties). More confidence Happy public Economic Recovery

18. Economic Recovery More confidence Social Reforms Stresemann introduced reforms to make life better for the working classes - Labour Exchanges (1927) created new jobs and unemployment pay helped those still looking for work. Also, 3 million new houses were built. Happy public Less interest in extreme parties such as the communists and the facists. More employment

19. Could make long term plans More Trust Political stability Stresemann arranged a 'Great Coalition' of SDP, the Centre party and Stresemann's own 'German people's Party', the DVP) these parties had moderate views.  United together, they were able to resist the criticism from smaller extremist parties, and in this way, he overcame the effects of proportional representation - the government had enough members of the Reichstag supporting it to pass the laws it needed. Less interest in extreme parties such as the communists and the fascists.

20. Germany can afford to rebuild Reparations reduced The Young Plan, 1929 This was designed to help reduce the cost of paying reparations even further. American banker came up with a new plan for payments. Payments were reduced by ¾ and the length of time they had to repay wqs extended by 59 years. Loans from America More confidence

23. Number SMART starter Literacy SMART starter Explain what Stresemann means in the source. Unemployed (% of working population) The economic position is only flourishing on the surface. Germany is in fact dancing on a volcano. From a speech by Stresemann 1929 Number SMART starter What does the graph tell you about the golden years 1924-29? Unemployed (% of working population) Literacy SMART starter Explain what Stresemann means in the source. What does the graph tell you about the golden years 1924-29? The economic position is only flourishing on the surface. Germany is in fact dancing on a volcano. From a speech by Stresemann 1929