Herbert Hoover sends Wilson correspondence regarding the proposed financial compensation for relief given by America to Belgium and France should the United States enter World War I.
Hoover-Wilson Correspondence, Hoover Institution, Hoover Institution Archives, Stanford, California
Woodrow Wilson Presidential Library & Museum
First: There is a prevailing report current in the press of the country that in the event of the United States entering into the war with Germany a credit of large magnitude will be created for the benefit of some or all of the allied governments. We suggest that in case this be done a portion of the credit so offered be specifically allocated by previous agreement with the borrowers for expenditure by our Commission in the relief work now carried on in the occupied areas of Belgium and Northern France. Such a course would have, as it seems to us, several advantages: It would inure directly to the benefit of the Allies because to that extent it would relieve them of the monthly payments they are themselves making for the same purpose; at the same time it would give to this country an appropriate share in the responsibility and burden of financing a work which has been carried on, though unofficially, in the name of the United States
It is not our opinion or desire that the advances thus made should be permitted to replace or diminish private relief. If the contemplated advance, as we assume it may be, is made in a form to carry with it financial assistance to the recipient on terms more be
The following particulars as to our needs and resources are submitted for your guidance:
Our second suggestion is that a recommendation should be made by the President to Congress for an appropriation of
Hoover, Herbert, 1874-1964, “Herbert Hoover to Woodrow Wilson,” 1917 March 29, WWP19059, Woodrow Wilson Presidential Library & Museum, Staunton, Virginia.