Chapter 26 – Road to War Section 1 – The Search for Peace
Legacies of World War I 8 million people died, 112,000 Americans Few Americans believed the War had made the world “safe for democracy” Feared being drug into another foreign conflict USA followed partial policy of isolationism during 1920’s and 1930’s Isolationism shunned USA from organizations set up after WWI. Ex: League of Nations, World Court
The Washington Conference International conference in Washington D.C. Charles Evans Hughes – US Secretary of State Suggested major powers destroy 66 large warships Called for a 10-year “naval holiday” where no large warships or cruisers were built Great Britain, USA, and Japan retire warships to limit their individual naval strength USA and Britain would be equal Japan 60% of Britain and USA navies Italy and France would be limited to half of Japan’s navy Became known as the Five-Power Naval Treaty
Treaties Five-Power Naval Treaty Four-Power Treaty – Britain, France, Japan, and USA pledge to respect each others territory in the Pacific Nine-Power Treaty – Britain France, Japan, Italy, USA, Belgium, China, Netherlands, and Portugal These treaties eased tensions in Asia
Unsuccessful Efforts April 6 th, 1927 – 10 th Anniversary of USA entry into WWI France and USA enter an agreement to outlaw war US – Frank Kellogg, France – Aristide Briand Eventually 62 countries sign the Kellogg-Briand Pact Outlaws war as an instrument of national policy Allows countries to go to war in self-defense September 1931 – Japan invades Manchuria Led to War between Japan and China
War Debts and Reparations Start of WWI US banks lent money to Britain and France By 1920 Allies owed more than $10 Billion to the US David Lloyd George = British Prime Minister Argued that their war debts should be canceled US officials rejected appeals but did cancel part of the debts Only way Allies could pay was to collect reparations from defeated Germany 1921 German reparations at $32 Billion Germany borrowed money from Britain and printed paper money resulting in inflation
German Inflation
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