U.S. FINANCIAL AID TO SERBIA DURING WORLD WAR I Cover Image

АМЕРИЧКА ФИНАНСИЈСКА ПОМОЋ СРБИЈИ ЗА ВРЕМЕ ПРВОГ СВЕТСКОГ РАТА
U.S. FINANCIAL AID TO SERBIA DURING WORLD WAR I

Author(s): Milena Kocić, Stefan Stamenković
Subject(s): Economic history, Pre-WW I & WW I (1900 -1919)
Published by: Универзитет у Нишу
Keywords: World War I; economic relations; war loans; United States; Serbia

Summary/Abstract: The aim of this paper is to present the financial aid of the United States of America to Serbia during the First World War, realized through war loans that were issued in accordance with the Act of Congress from April 24, 1917, which regulated the issue of war loans to allied countries. Serbia needed these loans in order to provide aid to prisoners of war, interned people, families of the soldiers in the front line, war invalids, and citizens in the occupied territories. The aid provided by France and the United Kingdom was not sufficient to meet all of Serbia’s needs, which is the reason why American war loans did not only represent a very important factor in overcoming the war crisis, but also gave a new impetus to American humanitarian action in Serbia.

  • Issue Year: XXXIX/2015
  • Issue No: 4
  • Page Range: 1435-1446
  • Page Count: 12
  • Language: English
Toggle Accessibility Mode