German Bond 1924 ,000 gold Original no coupons, with Scripotrust , Not Returns

Description

ORGINAL 1924 - GERMAN EXTERNAL LOAN GOLD BOND .000
RARE BOND FOR COLLECTOR - No returns
INCLUDED OFFICIAL INTERNATIONAL (GERMANY)
SCRIPOTRUST (COA) CERTIFICATION OF AUTHENTICATION
*If the payment get’s done before 14:00 hrs. (GMT -5) I will ship it the same day (Monday to Friday).
If not, the day after. When you pay, you will receive your tracking number of FedEx and the scanned documents (.PDF) of the Certificate of Authentication ( Scripotrust) of the Bond, with the serial number revealed and picture *
The
Dawes Plan
(as proposed by the Dawes Committee, chaired by
Charles G. Dawes
) was a plan in 1924 that successfully resolved the issue of
World War I reparations
that Germany had to pay. It ended a crisis in European diplomacy following
World War I
and the
Treaty of Versailles
.
The plan provided for an end to the Allied occupation, and a staggered payment plan for Germany's payment of
war reparations
. Because the Plan resolved a serious international crisis, Dawes shared the
Nobel Peace Prize
in 1925 for his work.
It was an interim measure and proved unworkable. The
Young Plan
was adopted in 1929 to replace it.
At the conclusion of World War I, the
Allied and Associate Powers
included in the
Treaty of Versaille
s
a plan for
reparations
to be paid by Germany; 20 billion gold marks was to be paid while the final figure was decided. In 1921, the London Schedule of Payments established the German reparation figure at 132 billion gold marks (separated into various classes, of which only 50 billion gold marks was required to be paid). German industrialists in the Ruhr Valley, who had lost factories in Lorraine which went back to France after the war, demanded hundreds of millions of marks compensation from the German government. Despite its obligations under the Versailles Treaty, the German government paid the Ruhr Valley industrialists, which contributed significantly to the
hyperinflation
that followed. For the first five years after the war, coal was scarce in Europe and France sought coal exports from Germany for its steel industry. The Germans needed coal for home heating and for domestic steel production, having lost the steel plants of Lorraine to the French.