Editing Dawes Plan (section)

== Reichstag approval ==
The debate over the Dawes Plan in the Reichstag affected the formation of a new government following the [[May 1924 German federal election|May 1924 Reichstag election]]. The [[Communist Party of Germany]] (KPD) saw the Dawes Plan as economic imperialism, and the [[Nazi Party]] objected altogether to paying reparations.<ref name=":2" /> Many on the political right objected to it because of the limits it placed on German sovereignty (control of the Reichsbank and the national railroad). The right-wing nationalist [[German National People's Party]] (DNVP) had campaigned against the Dawes Plan and gained 24 additional seats, making it the second strongest party in the Reichstag after the [[Social Democratic Party of Germany|Social Democrats]]. The party's refusal to change its stance on the Dawes Plan resulted in Chancellor [[Wilhelm Marx]] of the [[Centre Party (Germany)|Centre Party]] remaining in office presiding over a centrist minority cabinet.{{Sfn|Winkler|2000|p=453}} Since the clause in the Dawes Plan regarding the German National Railway required a change in the [[Weimar Constitution]] and therefore a two-thirds majority in the Reichstag to pass, it was necessary for some DNVP members to vote for acceptance. A number of influential industrial and agricultural interest groups urged the DNVP to accept the Plan, with the result that it passed on 29 August 1924 with the help of 48 DNVP votes.{{Sfn|Winkler|2000|p=454}} The Dawes Plan formally went into effect on 1 September 1924.