Dawes, Charles G.

Dawes, Charles G. (Gates)

(1865–1951) vice-president, financier, Nobel Prize winner; born in Marietta, Ohio. During World War I, he was the chief purchasing agent for the American Army. In 1923, he became chairman of the Allied Reparations Committee, which reduced German reparations payments and restructured the German economy; for this "Dawes Plan" he shared the Nobel Peace Prize in 1925. He served as Calvin Coolidge's vice-president (1925–29) and then as ambassador to Great Britain (1929–32).