By mid-1923 the German economy was in ruins and the Weimar Republic was close to collapse. However a number of changes in economic policy led to economic recovery from 1924 onwards. Much of the credit for the transformation must go to Gustav Stresemann. Stresemann, who was a more skilful politician than Ebert became chancellor in August 1923. Although he was only Chancellor for a few months he remained the most influential politician in Germany as the government attempted to recover from the misfortunes of the early 1920s. He was a committed nationalist and only believed that Germany’s problems could only be resolved by moderation and working with other countries.
Systematically, Gustav Stresemann managed to build up Germany’s economy again. The Dawes Plan of 1924 helped to sort out Germany’s economic chaos and also helped to get the economies of Britain and France moving again. The Dawes Plan was an attempt in 1924 to solve the reparations problem. The USA loaned Germany 800 million marks to help revive its ruined economy. The reparations payments were also spread over a longer period giving Germany plenty of time. Some of the money went into German businesses, public works such as swimming pools, sports stadiums and apartment blocks. As well as providing facilities these projects created jobs. In 1925 the Locarno Plot was signed with France and Belgium in which the countries agreed to respect the borders between them. Following that in 1926 Germany joined the League of Nations. The acceptance of Germany back into the international community was reinforced in 1928 when it was one of the 60 countries signing the Kellogg-Briand Pact against the use of war in foreign policy. Meanwhile during the mid-1920s the German citizens seemed to have accepted the Weimar Republic. There was less demand for the return of the Kaiser, who had abdicated in 1918. This stopped the political violence in Germany.
Stresemann was strongly criticised for being too willing to co-operate with Germany’s former enemies. However he remained adamant and firmly believed that revision of the Treaty of Versailles had to be done by co-operation with foreign countries. Many people disagreed, particularly Adolf Hitler. The economic boom in the Weimar Republic was uncertain as the US loans could be called in at short notice. This could cause absolute disrepair in Germany. Exports were falling and the government were spending huge amounts of money on welfare and health care. During the year of 1928 there were serious and frequent disputes between unions and employers. Therefore the unemployment rate began to rise.
There was also a massive cultural revival in Germany. Ironically in the Kaiser’s time there had been strict censorship. However the Weimar Republic allowed free declaration of ideas. During the course of this time, many writers and poets flourished, especially in the city, Berlin. There was also a reestablishment for architecture and opera. Berlin soon became a thriving centre of the arts with 120 newspapers and 40 theatres. German literature flourished, German playwrights such as Bertolt Brecht won international recognition. Various painters such as George Grosz and Hannah Hoech became well-known for their original trademarks. Walter Gropius founded the Bauhaus group which brought in advanced ideas in architecture and sculpture.
Some Germans abhorred the new ideas in art and regarded them as being decadent and unpatriotic. The wished that art to celebrate the traditional values of German society. They argued that the current artistic manners, popular music, clubs, jazz etc showed how Germany was going into moral decline. Organisations such as the Wandervogel movement was a reaction to Weimar’s culture. It wanted a return to simple country values and wanted to see more help for the countryside and less dissipation in the towns.
Even politics became much more secure. To start with, there were no more attempted revolutions after 1923. The political parties that supported the Weimar democracy did extremely well in these years. Many coalitions co-operated together peacefully. Some of these parties were the Socialists (SPD), Catholic Centre Party, German Democratic Party (GDP) and German People’s Party. These parties worked well together in the years 1924-1929.
Despite the relative stability of Weimar politics in this period, both the Nazis and Communists were building up their party organisations. Even during these stable years there were four different chancellors and it was only the influence of party leaders which held the party coalitions together. Roughly 30% of the votes regularly went to parties that were opposed to the Weimar Republic. This concerned the Weimar Republic and made it anxiously fearful. In 1926 the German people elected Hindenburg as President. Hindenburg was opposed to democracy and he even wrote to the Kaiser for approval before he accepted the post.
It is considered that Stresemann’s greatest triumphs were in foreign policy. In 1925 Stresemann signed the Locarno Treaties guaranteeing not to seek to change Germany’s Western borders with France and Belgium. As an outcome Germany was accepted into the League of Nations. Here Stresemann very intelligently managed to reverse some of the terms of the Treaty of Versailles, especially the terms relating to the reparations and Germany’s eastern frontiers. Before Stresemann passed away he managed to negotiate the Young Plan. This furthermore alleviated the reparations burden on Germany. This also led to the final removal of the British, French and Belgian troops from the Rhineland.
The question of international relations posed a big thing for Germany. Many nationalists attacked Stresemann for joining the League of Nations and also for signing the Locarno Pact. The Nationalists saw it as an acceptance of the Treaty of Versailles. Additionally many communists attacked Locarno perceiving it as part of a plot against the Communist government in the USSR. Despite all the progress Germany made, it was still a problematic place.
You May Also Find These Documents Helpful
-
The National Governments experienced moderate success in bringing about economic recovery in the years 1931-1939. It would be inaccurate to say that the policies of the governments were the only contributing factor as they alone were not sufficient enough to tackle the harsh economic climate, but for the most part the National Governments were responsible for a moderately successful economic recovery.…
- 710 Words
- 3 Pages
Good Essays -
Economic factors were a crucial component in the collapse of the Weimar republic and therefore, the rise of the Nazi party between 1918 and 1933. According to Hugo Preuss, “Weimar was born with a curse upon it.” This refers to the harsh conditions set by the Treaty of Versailles, and also the huge reparation payments of $6600 million that Germany were forced to pay as a result of their part in WW1. This was particularly difficult for Germany as their economy was weakened from funding their war effort. However John Hiden felt that other factors contributed more to the collapse of Weimar and the expansion of the Nazis. “Versailles certainly did not doom the Republic from birth.” Another important ingredient in the rise of the Nazis was the hyper inflation of 1923. It came as a result of Germany missing one of the reparation payments. This gave the French and the Belgians the excuse to invade the heart of the German economy, the Ruhr. To limit the benefit to the invaders, a general strike was called. However this slowed and nearly stopped their economy. More money was printed to try and solve…
- 1662 Words
- 7 Pages
Powerful Essays -
The period between 1924 and 1929 is known as the ‘Golden Age’ or ‘The Years of Hope’. Some people think that the Weimar Republic recovered, but others disagree and think that it’d got worse or was only a slight improvement.…
- 739 Words
- 3 Pages
Good Essays -
To what extent was the effective government of Germany in the years 1919–33 handicapped by the nature of the Weimar Constitution?…
- 999 Words
- 3 Pages
Good Essays -
The collapse of the Weimar Republic and the subsequent takeover by Adolf Hitler in 1933 was influenced by a wide range of factors. Although the revolution of 1918 resulted in a drastic shift within the German political system, the same could not be said for the social structure, culture and old institutes of Germany. Famously acknowledged as a “republic born with a hole in its heart” the overturn of the Hohenzollern monarchy in replacement for the Republic, was fraught with difficulties from its onset, including the failure of the conservative elites to support democracy, the perceived injustice of the Treaty of Versailles, economic and political instability, and the rise to power of the Nazis. A catalyst for the collapse was the Great Depression which unleashed economic, social and political chaos in Germany in the era between 1930 and 1933. With the appointment of Hitler as Chancellor in January 1933, the Weimar Republic ceased to exist.…
- 2088 Words
- 9 Pages
Powerful Essays -
Stresemann took another step to be seen to improve relations and resume the payment of reparations. This led to the adoption of the Dawes Plan in April 1924. This entitled Germany to a huge loan in order to take some of the strain off the economy. This was also achieved by making the payments more manageable by breaking them down but extending the period of payments. In 1925, The Lacarno Pact was signed. This effectively meant that the Government accepted the Treaty of Versailles. This obviously led to increased hostility from the right wing. However, again this was another example of Stresemann trying to show Germany in a ‘new light’. This seemed to pay off as Germany was…
- 874 Words
- 4 Pages
Good Essays -
Wise political decisions by Weimar chancellor Gustav Stresemann ensured stability and good progress for Germany following recovery of civil and economic unrest in the early years after WWI. The Dawes plan contributed to this significantly, enabling Germany to concentrate on becoming a peace-loving country rather than purely focusing on paying reparations.…
- 350 Words
- 2 Pages
Good Essays -
Due to the failure of the Weimar Republic and general public dissatisfaction arising from poor economic conditions exacerbated by the Treaty of Versailles, coupled with the 1929 Wall Street Crash, German citizens were understandably desperate for change. Until this point in time the Nazi party, and Hitler, had been essentially unpopular. However, the economic situation ensured Hitler’s increasing popularity as the people looked toward more extreme but non-communist ideals. The initial consolidation of Nazi power in 1933 arose from key events such as the support of the Nationalist Party with the Nazis to form a coalition government, implementation of the Enabling Law, removal of external and internal opposition, and President Hindenburg’s death.…
- 1242 Words
- 5 Pages
Good Essays -
How successful were the National Governments in dealing with economic problems in the years 1931 to 1939? [24]…
- 626 Words
- 3 Pages
Good Essays -
Throughout the mid 1920s Germanys economy was able to achieve certain stability and prosperity. The Dawes plan in 1924 had a substantial impact on Germanys ability to regain steadiness economically. The $800 million loan from America allowed Germany less strain on reparations. It also resulted in France agreeing to leave the Ruhr, stopping passive resistance. This allowed Germany to finally begin production of natural resources. Gustav Stresemann’s idea of increasing tax, lowering of government staff and government spending further assisted Germanys weak economy by saving money, hence increasing stability. The Young Plan in 1929 was seen as an economic step forward. Putting a deadline on when reparations had to be paid ultimately reduced the overall sum of reparations. As a result of the Dawes and Young plan, hyperinflation was terminated, relieving masses of middle class citizens. Although this was a positive step forward for Germany, it triggered a bitter resentment from the right wing towards the Weimar Republic. Whether or not Germanys prosperity and stability experienced by the Weimar republic through the 1920s was superficial, it saw a huge opportunity of Germany to gain international standing.…
- 961 Words
- 3 Pages
Good Essays -
After some rough years came a better time for Germany. The years 1924 to 1929 are now known as “The Golden Years”. It became peaceful and USA lent Germany a lot of money. The economy was then rebuilt and unemployment was reduced. People began to feel more secure. But that time didn’t last long. The collapse of the American economy after the Wall Street Crash during 1929 had huge consequences on a lot of countries in Europe. Unemployment and poverty was growing more and more between 1929 and 1933.…
- 1001 Words
- 5 Pages
Good Essays -
How successfully did German governments deal with the social and economic problems of the period 1920-1939? (2010)…
- 648 Words
- 3 Pages
Good Essays -
During the early 1920s, Germany was struggling with both economic and political instability. After Germany was destroyed in the Great War, they were forced to sign The Treaty of Versailles. This was the Peace Settlement between the Allies and Germany at the end of the First World War.…
- 2101 Words
- 9 Pages
Powerful Essays -
The USA also agreed to loan over 25 billion marks to Germany. This money was used to help rebuild German industry. After WWI, Germany was hated by most countries for causing devastation during the war. Stresemann didn’t want to have bad relations with foreign countries, so in 1925 he signed the Locarno Pact with France and Belgium, to respect each other’s borders and not attack them. To keep peace with other countries as well, Germany joined the League of Nations in 1926.…
- 374 Words
- 2 Pages
Satisfactory Essays -
As a country, Germany suffered immensely from their Great Depression in the early 1930’s. However, a new political party called the Nazis, lead by Adolf Hitler, made the promise to return Germany to greatness. Eventually, the Nazi party would emerge as a favorite among the German citizens and would become the largest party in the German legislature. On January 1933, Adolf Hitler would take over the position of chancellor.…
- 490 Words
- 2 Pages
Good Essays