USA HISTORY

Detailed explanation-1: -The Dawes Plan was a report on German reparations for World War I drafted by a committee of experts led by American financier Charles G. Dawes that was accepted by the Allies and by Germany on August 16, 1924.

Detailed explanation-2: -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.

Detailed explanation-3: -Headed by Charles G. Dawes (Chicago banker, former Director of the Bureau of the Budget, and future Vice President), the committee presented its proposal in April 1924.

Detailed explanation-4: -Introduction. The Dawes Act of 1887 was passed in an effort to alleviate American Indian poverty. Most Americans in positions of power believed at the time that it was necessary for American Indians to adopt the Western way of life to emerge from the poverty that existed on the reservations.

Detailed explanation-5: -On the initiative of the British and U.S. governments, a committee of experts (with two members each from France, Belgium, Italy, Britain, and the United States), presided over by an American financier, Charles G. Dawes, produced a report on the question of German reparations for presumed liability for World War I.