Matches in DBpedia 2014 for { ?s ?p The Young Plan was a program for settling German reparations debts after World War I written in 1929 and formally adopted in 1930. It was presented by the committee headed (1929–30) by American Owen D. Young. The Inter-Allied Reparations Commission established the German reparation sum at 132 billion gold marks. After the Dawes Plan was put into operation in 1924, it became apparent that Germany could not[citation needed] meet the annual payments, especially over an indefinite period of time.[citation needed] The Young Plan reduced further payments to 112 billion Gold Marks, equivalent to US $8 billion in 1929 (US$ 110 billion in 2014) over a period of 59 years, which would end in 1988. In addition, the Young Plan divided the annual payment, set at two billion Gold Marks, US $473 million, into two components: one unconditional part, equal to one third of the sum, and a postponable part, equal to the remaining two-thirds, which would incur interest and be financed by a consortium of American investment banks coordinated by the Morgan Guaranty Trust Company.. }
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- Young_Plan abstract "The Young Plan was a program for settling German reparations debts after World War I written in 1929 and formally adopted in 1930. It was presented by the committee headed (1929–30) by American Owen D. Young. The Inter-Allied Reparations Commission established the German reparation sum at 132 billion gold marks. After the Dawes Plan was put into operation in 1924, it became apparent that Germany could not[citation needed] meet the annual payments, especially over an indefinite period of time.[citation needed] The Young Plan reduced further payments to 112 billion Gold Marks, equivalent to US $8 billion in 1929 (US$ 110 billion in 2014) over a period of 59 years, which would end in 1988. In addition, the Young Plan divided the annual payment, set at two billion Gold Marks, US $473 million, into two components: one unconditional part, equal to one third of the sum, and a postponable part, equal to the remaining two-thirds, which would incur interest and be financed by a consortium of American investment banks coordinated by the Morgan Guaranty Trust Company.".