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All the bonds were redeemed, with interest, after the war. Before the United States entered the war, New York banks had loaned heavily to the British. After the U.S. entered in April 1917, the Treasury made $10 billion in long-term loans to Britain, France and the other allies, with the expectation the loans would be repaid after the war.
The Allies or the Entente was an international military coalition of countries led by France, the United Kingdom, Russia, the United States, Italy, and Japan against the Central Powers of Germany, Austria-Hungary, the Ottoman Empire, and Bulgaria in World War I (1914–1918).
Latin America could well have fallen under Berlin's control. The dream of spreading democracy, liberalism, and independence would have been shattered. On the other hand, if the Allies had won without help, there was a danger they would carve up the world without regard to US commercial interests.
The Allies reacted by appointing the French General Ferdinand Foch to coordinate all Allied activity in France, and subsequently as commander-in-chief of all Allied forces everywhere. The success of Operation Michael led German infantry to advance too far from its supply bases and railheads.
United States president, Barack Obama & the Chairman of the Joint Chiefs of Staff, Martin Dempsey, praised Hollande's decision to join the operation: "As one of our oldest and closest allies, France is a strong partner in our efforts against terrorism and we are pleased that French and American service members will once again work together on ...
The Allies formed the Inter-Allied Petroleum Conference with USA, Britain, France, and Italy as the members. Standard and Royal Dutch/Shell ran it and made it work. The introduction of convoys as an antidote to the German U-boats and the joint management system by Standard Oil and Royal Dutch/Shell helped to solve the Allies' supply problems.
The Meuse–Argonne offensive also involved troops from France, while the rest of the Allies, including France, Britain and its dominion and imperial armies (mainly Canada, Australia, and New Zealand), and Belgium contributed to major battles in more northwestern sectors of the Western Front, including the Hindenburg line.
The nation was poorly armed when it went to war in April 1917, but it had millions of potential fresh soldiers, billions of dollars, and huge supplies of raw materials needed by the Allies. Officially Wilson kept the US independent of the Allies. In 1918 Wilson took personal control of negotiations with Germany, including the armistice.