In 1924 an international committee chaired by American financier Charles G.Dawes offered Germany:

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The Dawes Plan of 1924 offered Germany a new system of war reparations, intended to ease the financial strain caused by the payments imposed on them by the Treaty of Versailles. The plan allowed for loans to be made from American banks to Germany, which in turn would be used to pay war reparations to the Allied powers. This plan helped stabilize the German economy, but it also led to increased reliance on American banks and contributed to the economic crisis that led to the Great Depression.

In 1924 an International Committee Chaired by American Financier Charles