Charles G. Dawes
1865 – 1951 American Banker, US Vice President (1925-1929), and author of the Dawes Plan
The banker and vice president whose 1924 plan restructured German reparations.
- Affiliations
- Won the 1925 Nobel Peace Prize for the reparations plan that bears his name.
Charles G. Dawes was an American banker and politician who chaired the 1924 committee that eased Germany's reparations burden. The Dawes Plan brought in American loans and briefly stabilized the German economy. He shared the 1925 Nobel Peace Prize for the work and served as vice president under Calvin Coolidge. His plan tied German recovery to foreign credit that later reversed after 1929.
Connections
- associate of Hjalmar Schacht — His plan was negotiated with the Reichsbank under Schacht.
- associate of Owen D. Young — Served with Dawes on the earlier reparations committee.
- associate of Owen D. Young — Worked together on interwar reparations settlements.
In the timeline
- 1924 Dawes Plan restructures reparations (1924) mentioned