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- W2040748462 abstract "It is a commonplace among historians of the First World War that during this period Britain and America changed positions as dorninant and subordinate financial powers. The great gap in the histories, however, has been any description of how this came about, Historians of the period have generally relied on one book, E. V. Morgan's Studies in Brtish financial policy 1914–1925 (1952), with the occasional use of Henry F. Grady's British war finance, 1914–1919 (1923). Both are very useful, and within its field Morgan in particular will be difficult to supplant; but within the context of Anglo-American relations they only treat one side of the stroy. It is clear that during the war Britain was dependent increasingly on American finance, private and later public, both to supply her civilian and military populations and to fight the war; and further, that by late 1916 decisions taken in America could have a direct bearing on British ability to finance her own operations. Once America entered the war this influence became even more direct. Negotiations over finance largely took place in America, by means of temporary and permanent missions. This article will describe the most important of these missions, and trace the gradual change in the balance of British and American financial power." @default.
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- W2040748462 date "1979-06-01" @default.
- W2040748462 modified "2023-09-25" @default.
- W2040748462 title "The Diplomacy of Finance: British Financial Missions to The United States 1914–1918" @default.
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- W2040748462 doi "https://doi.org/10.1017/s0018246x00016861" @default.
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