New PDF release: An annotated bibliography of the United States Marines in

By Truman R Strobridge

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Houston stiffly observed that the general cancellation of war debts would ‘serve no useful purpose. On the contrary, it would, I fear, mislead people or countries as to the justice and efficiency of such a plan and arouse hopes, the disappointment of which could only have harmful effect’. He was thus confident that neither the American Congress nor people would accept such a proposal, particularly as all-round cancellation ‘does not involve Origins of the war debt problem 27 mutual sacrifice on the part of the nations concerned; it simply involved a contribution mainly from the United States’.

26 Progress towards a settlement was not helped by the intense sensitivity of the issue for the foreign policy elite in either country – particularly given the easily inflamed passions of their respective public opinion and press. Yet most frustrating for Blackett and the British negotiators was the attitude of their American counterparts who combined high-handed intransigence, duplicity and timidity towards the domestic political constraints imposed by a hostile Congress and public opinion. As Blackett complained in a lengthy memorandum on 2 February 1920, although the US Treasury repeatedly proclaimed its wish to frame a joint policy towards their common debtors, ‘hitherto our efforts to cooperate .

Interest on all bonds was fixed at 5 per cent and to be paid twice yearly. 5 per cent in the twelfth year. 7 per cent of those maturing in 1947, leaving the remainder to be cleared by a lump sum payment. 26 Progress towards a settlement was not helped by the intense sensitivity of the issue for the foreign policy elite in either country – particularly given the easily inflamed passions of their respective public opinion and press. Yet most frustrating for Blackett and the British negotiators was the attitude of their American counterparts who combined high-handed intransigence, duplicity and timidity towards the domestic political constraints imposed by a hostile Congress and public opinion.

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An annotated bibliography of the United States Marines in American fiction by Truman R Strobridge


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