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1924, March 3 |
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The office and title of CALIPH, which had been assumed by the Ottoman sultans, were abolished by the new Turkish Republic. | 1 |
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April 9 |
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THE DAWES PLAN. The committee chaired by the American Charles G. Dawes presented its report. The plan provided for a reorganization of the German Reichsbank under Allied supervision. Reparation payments of 1 billion gold marks were to be made annually, increasing by the end of five years to 2 billion 500 thousand. Germany was to receive a foreign loan of 800 million gold marks. | 2 |
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April 16 |
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The Germans accepted the Dawes Plan. | 3 |
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July 16Aug. 16 |
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A conference in London adopted the Dawes Plan, and the Reichstag passed the necessary legislation. The U.S. took up $110 million of the loan. | 4 |
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Oct. 2 |
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The Geneva Protocol for pacific settlement of international disputes was an attempt to strengthen international institutions and overcome the problems caused by the absence of the U.S., Germany, and the Soviet Union in the League of Nations. The British dominions opposed the compulsory arbitration aspects, and the British ultimately rejected the protocol. | 5 |
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