leaves office November 1922 100,000 marks = 1 US dollar 27 December 1922 France and Belgium occupy the Ruhr to ensure payment of war reparations in kind. The Weimar government responds by funding 'passive resistance' of the workers through printing Papiermarks, further fueling hyperinflation. 30 December 1922 500,000 marks = 1 US dollar 1923 February 1923 Reichsbank buys back Papiermark; stabilizes value at 20,000 to 1 US dollar May 4, 1923 ℳ 40,000 = 1 US dollar May 27, 1923 Albert Leo Schlageter, a German freebooter and saboteur, was executed by a French firing squad in the Ruhr. Hitler declared him a hero that the German nation was not worthy to possess. June 1, 1923 ℳ 70,000 =1 US dollar June 30, 1923 ℳ 150,000 = 1 US dollar August 1-August 7, 1923 ℳ 3,500,000 = 1 US Dollar August 13, 1923 Dr. Wilhelm Cuno (No party affiliation) Leaves office August 15, 1923 ℳ 4,000,000 = 1 US Dollar September 1, 1923 ℳ 10,000,000 = 1 US Dollar Around September 10 to September 25, 1923 Prices reportedly rise hourly in several German cities. September 24, 1923 Chancellor Stresemann ends the passive resistance in the Ruhr; infuriates the nationalists. September 30, 1923 Major Fedor von Bock crushes a coup attempt by the Black Reichswehr. Also: ℳ 60,000,000 = 1 US Dollar October 6, 1923 Dr. Gustav Stresemann (People's) forms 2nd cabinet October 20, 1923 General Alfred Mueller marches on Saxony to prevent a communist takeover. Also: General Otto von Lossow in Bavaria is relieved of command by Berlin; he refuses. October 23, 1923 Communist takeover of Hamburg October 25, 1923 Hamburg Uprising suppressed November 8, 1923 Beer Hall Putsch November 9, 1923 Beer Hall Putsch quelled. November 12, 1923 Dr. Hjalmar Schacht was named Reichswaehrungskommissar. November 15, 1923 Rentenmark issued, with value backed by mortgage payments on state property; Rentenmark 4.2 = 1 US dollar; at this time: Papiermark 4,200,000,000 = 1 US dollar November 30, 1923 Dr. Stresemann leaves office. 1924 February 26, 1924 Hitlerputsch trial begins. June 3, 1924 Dr. Wilhelm Marx (Center) forms 2nd cabinet August 29, 1924 Dawes Plan agreed by Reichstag. December 20, 1924 Hitler released from Landsberg Prison. 1925 January 4. 1925 Hitler begins his political comeback by meeting with new ministers and President of Bavaria. January 15, 1925 Dr. Marx leaves office. February 27, 1925 Nazi party refounded; Hitler gives his first speech since