i ii i ii i i i ii i ii 1 Reparations 1 Everyone signed documents A Modeled on the Treaty of Versailles a Enormous stipulations for Germany Case argued that German armies destroyed a lot In France people thought that every cent should repair damage and punish the Germans Germans said that was a different government and plan b Dawes Plan i We loaned Germany money to pay their debts c Mistakes Sort of like victimizing yourself Cannot live on borrowed prosperity NY Stock Exchange lost a lot of value B Germany s economy a Collapsed b Bell weather Symptom not the cause c Hoover was trying to save the gold standard To undergirded wealth when it really didn t The Gold standard only made sense in France because it wasn t as well industrialized France held on for longer than others 2 Depressions A No one really knew what to do a Problem Conventional wisdom got in the way Hungry people without necessary supplies Me first mentality b People gathered in London for a finance convention 66 countries All the financiers from around the world came They all looked at US but the US did not come Voters wanted to be isolated so FDR did the same US could have come up with a comprehensive plan but we didn t go to the convention c World commodity prices Food raw materials and manufactured goods i 2 Foreign Policy 1 Aftermath A Hope was that the treaties would make everything easy B People feared another war C France believed there were holes in mutual security a She put her faith in the Maginot line b Germany lost Alsace and Lorraine D Belgium created after treaty a France accepted the creation of a buffer state in case Germany tried to take over other surrounding countries i ii People were wondering if Germany would fight to get lost territory back No one to stop them not even the League 2 Streseman from Germany Briand from France and Austine Chamberlain from Britain A Both were nationalists before the war B Chamberlain a Son of a great political family b Conservative in foreign and economic policy while radical in domestic politics c Later on Mussolini was brought into the world stage to host a convention i ii Meet in North Italy Agenda What are we going to do to break tensions and avoid war C The 3 did not want war a Wanted a simple solution b Sign a treaty in 1925 i ii i ii iii Germany and France with Britain and Italy all promise not to violate Western frontiers drawn up at Versailles Means German voluntarily accepts borders Also accepted de militarization on the Rhine French are relieved Western frontier is safe Belgium also happy because Germany voluntarily agrees It all seemed too good Why did they need it It also detracts from the previous treaties that made the world safer for democracy To make the world feel better c What was wrong with this
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