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In a single day, the Allies’ entire financial support network hovered on the brink of collapse. It had all been Wilson’s doing, the response to a note he had sent to the Federal Reserve shortly before the election. The president was determined not to let America’s financial entanglement with the Allies’ cause draw it further into support of their war effort.

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Arthur Herman Quote: “In a single day, the Allies’ entire financial support network hovered on the brink of collapse. It had all been Wilson’s doing, the response to a note he had sent to the Federal Reserve shortly before the election. The president was determined not to let America’s financial entanglement with the Allies’ cause draw it further into support of their war effort.”

“In a single day, the Allies’ entire financial support network hovered on the brink of collapse. It had all been Wilson’s doing, the response to a note he had sent to the Federal Reserve shortly before the election. The president was determined not to let America’s financial entanglement with the Allies’ cause draw it further into support of their war effort.”

Arthur Herman

Arthur Herman Quote: “In a single day, the Allies’ entire financial support network hovered on the brink of collapse. It had all been Wilson’s doing, the response to a note he had sent to the Federal Reserve shortly before the election. The president was determined not to let America’s financial entanglement with the Allies’ cause draw it further into support of their war effort.”
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