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Biographical/Historical Information

The Dawes Plan of 1924 had a favorable effect on the German economy. Nevertheless, the reparations part of the plan was problematic, mainly because it did not specify exact sums and deadlines for payment. The victors and the defeated therefore developed a new plan in 1929, the Young Plan, which brought financial improvements and lowered German's reparation obligations. The Nationalsozialistische Deutsche Arbeiterpartei (NSDAP) and Deutschnationale Volkspartei (DNVP) viewed the Young Plan as the "Upper Versailles" and opposed the plan. The two parties collect 4 million signatures for a referendum (known as Freiheitsgesetz or "Freedom Act"). This law would renounce all reparations and make it a criminal offense for any German official to cooperate in their collection. Though they received enough votes, the NSDAP and DNVP "Liberty Law" referendum was voted down by the Reichstag.

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Citation

Bis in die dritte Generation müßt ihr fronen, Leo Baeck Institute, r (f) DD 232.5 A7 1963 [IV.3].