International agreements of the 1920s
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American loans helped Europe recover from the economic crisis after the war
1.Rebuild industry 2.Increased employment 3.Increased international trade 4.Increased profits
1921-1922 Washington Conference USA, Britain, France, and Japan agreed to limit the size of their navies. (limited the tonnage of battleships--> USA and Britain=5, Japan=3, and France and Italy=1.67 (Unit=hundred thousand tonnes)
1922 Rapallo Treaty The USSR and Germany re-established diplomatic relations
1924 The Dawes Plan To advert a terrible economic crisis in Germany, the USA lent money to Germany to help it pay its reparations bill. (the US lend Germany 800 million gold marks)
1925 Lacarno treaties Germany accepted its western borders as set out in the Treaty of Versailles. It paved the way for Germany to join the League of Nations. (Britain, France, Germany, Italy, Belgium, Poland and Czechoslovakia met in Lacarno , Swizterland)
1928 Kellogg-Briand Pact 65 nations agreed not to use force to settle disputes (known as "The Pact of Paris") (Further offered a legal argument that an aggressive country is liable for all costs and damages in the war)
1929 Young Plan Reduced Germany's reparations payments. ($26,350 million to be paid over a period of 58 years.)
Owen Daniel Young
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