Search results
Results from the WOW.Com Content Network
In the midst of the war, the federal budget soared from $1 billion in fiscal year 1916 to $19 billion in fiscal year 1919. [220] In addition to spending on its own military build-up, Wall Street in 1914–1916 and the Treasury in 1917–1918 provided large loans to the Allied countries, thus financing the war effort of Britain and France.
In the midst of the war, the federal budget soared from $1 billion in fiscal year 1916 to $19 billion in fiscal year 1919. [110] The War Revenue Act of 1917 raised the top tax rate to 67 percent, greatly increased the number of Americans paying the income tax (approximately 5.5 million Americans paid an income tax in 1920), and levied an excess ...
In 1913 he became Woodrow Wilson's secretary of state, then resigned in 1915 because he believed that the Wilson administration was about to enter World War I in response to the sinking of the RMS Lusitania and he opposed American intervention in a European war. When the US did finally join World War I in 1917, Bryan volunteered for the army ...
Nothing less than war: a new history of America's entry into World War I (UP of Kentucky, 2011). Doerries, Reinhard R. Imperial Challenge: Ambassador Count Bernstorff and German-American Relations, 1908-1917 (1989). Epstein, Katherine C. “The Conundrum of American Power in the Age of World War I,” Modern American History (2019): 1-21.
The history of the United States from 1917 to 1945 was marked by World War I, the interwar period, the Great Depression, and World War II. The United States tried and failed to broker a peace settlement for World War I , then entered the war after Germany launched a submarine campaign against U.S. merchant ships that were supplying Germany's ...
Wilsonianism, or Wilsonian idealism, is a certain type of foreign policy advice.The term comes from the ideas and proposals of United States President Woodrow Wilson.He issued his famous Fourteen Points in January 1918 as a basis for ending World War I and promoting world peace.
The president of the United States is the head of state and head of government of the United States, [1] indirectly elected to a four-year term via the Electoral College. [2] The officeholder leads the executive branch of the federal government and is the commander-in-chief of the United States Armed Forces . [ 3 ]
U.S. President Woodrow Wilson. The Fourteen Points was a statement of principles for peace that was to be used for peace negotiations in order to end World War I.The principles were outlined in a January 8, 1918 speech on war aims and peace terms to the United States Congress by President Woodrow Wilson.