Owen Young

Who was Owen Young?

Owen Young was an American banker who was asked by the Allies to help resolve the reparations issues with Weimar Germany.

When was Owen Young important?

Owen Young was important in 1929.

What was Owen Young's role in the Weimar Republic?

Owen Young was important because he helped negotiate the Young Plan with Stresemann. This plan reduced the overall reparation bill that Weimar Germany had to pay from £6.6 billion to £2 billion and gave the country 59 more years to pay it.