This plan initially proposed creating the Bank for International Settlements later established by Montagu Norman. For 10 points each:
[10h] Name this plan that disbanded the Reparation Commission and lowered annual German payments to two billion gold marks.
ANSWER: Young Plan
[10m] The Young Plan lowered the annual payments originally laid out in this earlier plan. This plan resulted in the evacuation of the Ruhr Valley and provided reparation guidelines for Germany after World War I.
ANSWER: Dawes Plan [accept the Dawes Committee]
[10e] A member of this family helped finance both the Dawes Plan and the Young Plan. A member of this family merged Andrew Carnegie’s company with other steel companies to form U.S. Steel and alleviated the Panic of 1907.
ANSWER: Morgan [accept J. P. Morgan; accept J. P. Morgan, Jr.]
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