arks.2 Further stability came with the Dawes plan of April 1924, which provided a modified settlement of the reparation issues. In addition, French troops were then confirmed to leave the Saar, and disputes between the two countries then went to independent ruling.In September, Stresemann called off passive resistance unconditionally. These headed many positive changes in Germany, whose effects were transmitted universally in almost every facet of German life. Likewise Germanys relations with the Western nations were considerably improved. The proof came with the Lucarno pact of 1925. By 19295, the German economy revived, or as put by Traynor, it was superficially prosperous.7 Not withstanding, the changes Stresemann managed to bring about still had the effect of deviating opposition by both the extremist groups on the right as well as the left. However, while it seemed that politics may have settled down, the circumstances that were to follow in the coming years proved that Stresemann perhaps merely postponed internal problems rather than eradicated them. The relative stability achieved through the late 1920s by Gustav Stresemann was, for instance, heavily reliant upon foreign investment, loans and economic prosperity, not only in Germany but also in the United States from where much of Germanys foreign investments originated. Consequently, as the American economy boomed the attractiveness of investment in Germany became overshadowed and the German economy thus, again proceeded to decline in 1928. Additionally, during October 1929, two crises befell the Republic - Gustav Stresemann, the architect of Germanys stability, died and later that month the collapse of share prices began on the New York stock exchange. 6Had Germanys prosperity and economic stability been self reliant events and circumstances on the New York stock exchange may have had a somewhat subtle effect in Germany. However, as said earlier, Germanys prosperity was merely...
