What was the Dawes Plan and why did it falter in 1929

The Dawes Plan (1924) from the American Charles Dawes and represented with USA, UK, Italy, Belgium and France was to let Weimar Germany pay the damages it caused on World War I via Treaty of Versailles. The problem with the plan was that it was short-termed. On 1923, troops from Belgium stayed at Germany’s most industrial area, the Ruhr. The following year, the country fell into deep financial crisis. By 1924, the country was in dire financial straits and the plan to make the German economy stable was out of the plan.