| |
| 1929, Jan. 5 |
| |
| General act of Inter-American arbitration similar to the optional clause for compulsory arbitration in the Kellogg-Briand Pact signed at the Pan-American conference in Washington. | 1 |
| |
| June 7 |
| |
| The Young Plan. The Young Committee (appointed Jan. 1929) revised arrangements for German reparations. Germany was to assume responsibility for transferring payments from marks into foreign currency, to be done under a new institution, the Bank for International Settlements in Basel. All principal central banks were represented in the new bank's directorate. The total proposed annuities to be paid by Germany were less than what Germany had been paying under the Dawes Plan, so diplomats thought that the Young Plan represented a permanent settlement. | 2 |
| |
| June 3 |
| |
| The dispute between Chile and Peru over the districts of Tacna and Arica, which had lasted for more than two decades, was settled. The U.S. had aided negotiations. | 3 |
| |
| Aug. 6–31 |
| |
| Hague Conference on the Young Plan. The Germans accepted the plan, and it was agreed that the Rhineland would be evacuated by June 1930. | 4 |
| |
| Oct |
| |
| STOCK MARKET CRASH in New York began a series of economic difficulties, creating the worldwide Great Depression. | 5 |
| |
| |
