Staying neutral turned out to be hard to maintain for the U.S. President Wilson first tried to limit the financial involvement in the war by banning American bank loans to the other nations. The Secretary of State believed the ban would bring the war to a quicker end then it should because it would make it impossible for the nations to buy the resources they needed to continue in the war. In 1915 Wilson ended the ban because the Allies were running low on cash, and Wilson didn't want a big drop off in money production if the nations stopped buying American items. In the year 1917 America was loaning Britain about $10 million daily to buy goods from the United States. While this was happening, American trade with one of the nations, Germany, dropped dramatically. A main reason for this was because trade became close to impossible after the British navy blockaded Germany and cut the cable between the Germany and the United States. Germany came back from this with a new weapon called the submarine, launching surprise attacks to disturb trade between Britain and the United States. This submarine warfare soon created bad blood in the German–American
Staying neutral turned out to be hard to maintain for the U.S. President Wilson first tried to limit the financial involvement in the war by banning American bank loans to the other nations. The Secretary of State believed the ban would bring the war to a quicker end then it should because it would make it impossible for the nations to buy the resources they needed to continue in the war. In 1915 Wilson ended the ban because the Allies were running low on cash, and Wilson didn't want a big drop off in money production if the nations stopped buying American items. In the year 1917 America was loaning Britain about $10 million daily to buy goods from the United States. While this was happening, American trade with one of the nations, Germany, dropped dramatically. A main reason for this was because trade became close to impossible after the British navy blockaded Germany and cut the cable between the Germany and the United States. Germany came back from this with a new weapon called the submarine, launching surprise attacks to disturb trade between Britain and the United States. This submarine warfare soon created bad blood in the German–American