Hague conference on reparations

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The Hague conference on reparations of 1929-30 was an international conference on World War I reparations that reviewed and adopted the Young Plan, the final attempt during the Weimar Republic to settle the reparations issue. The conference was held in The Hague, Netherlands in two parts, from 6 to 31 August 1929 and from 3 to 31 January 1930.

The first session centred around British demands for better terms and a larger share of the reparations payments for itself. Compromises, mostly on Germany's side, eventually resolved the issues. Outside of the formal Young Plan discussions, France agreed to an early withdrawal of the troops occupying the Rhineland in exchange for German concessions on reparations. The second session, which took place after the Wall Street crash of October 1929, set up the Bank for International Settlements to handle the transfer of payments between countries and settled the remaining Young Plan issues despite sometimes furious objections from Germany's Hjalmar Schacht. The Young Plan and the separate agreement on evacuation of the Rhineland were signed on 20 January 1930.