How successful was Stresemann in dealing with the problems faced by the Weimar Republic in the years 1924-1929?

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How successful was Stresemann in dealing with the problems faced by the Weimar Republic in the years 1924-1929?

During the occupation of the Ruhr in August 1923 President Ebert appointed Stresemann as his new chancellor and foreign secretary; unfortunately he was forced to resign the chancellorship in November 1923. Stresemann at this time had many left and right wing supporters which helped him pass measures. There were many economic problems that Germany needed to resolve; after World War I and the Treaty of Versailles, Germany was left completely bankrupt. The country still had to pay reparation debts of £6.6 billion. In 1923, Stresemann made important economic changes that were key to Germany’s economic recovery. He established a new currency, the Rentenmark; called off passive resistance; negotiated the Dawes Plan and agreed the Young Plan. Stresemann’s greatest achievements were in foreign policy in 1925 when he signed the Locarno Treaties and in 1926 Germany was accepted into the League of Nations. Stresemann was very successful at negotiating/renegotiating plans and terms of the treaty that would boost Germany’s economy and help with its recovery. He remained influential as foreign minister until his death in 1929.

Hyperinflation was a cause of paying the harsh reparations set by the allies of £6.6 billion. France was angry because in 1922 Germany stopped paying the reparations and they had war debts of their own to pay to America. So in 1923 French and Belgium troops entered the Ruhr on terms of the treaty, what was owed them in the form of raw materials. This impacted hugely on Germany. Once appointed foreign secretary and chancellor, Stresemann decided to call off passive resistance. His plan was to get the French to leave the Ruhr; he agreed that Germany would continue to pay the reparations.

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The French left the Ruhr and Stresemann was able to resolve hyperinflation by establishing a new currency. Now the Ruhr was accessible, Germany could once again use it to find raw materials, this was important for trading and its relationships with other countries. Even though Germany got what they wanted the plan to call off passive resistance was still unpopular, especially with right wing extremists; they claimed it was a sign of weak government for example, Stresemann had ‘given in’ to the French. Hyperinflation caused the mark to become almost worthless; therefore a new currency was introduced based ...

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