Harper's Pictorial Library of the World War, Volume XII : $b The Great Results of the War
History
Harper's Pictorial Library of the World War, Volume XII : $b The Great Results of the War
League of Nations; Treaty of Versailles (1919 June 28); World War, 1914-1918; World War, 1914-1918 -- Economic aspects; World War, 1914-1918 -- Finance
"About 88 per cent. of the relief supplies furnished were sold
under contract to the various Governments in the relief areas.
For all such sales these Governments gave their special
treasury notes in a form approved by the United States
Treasury, bearing 5 per cent. interest, due June 30, 1921, to
June 30, 1924. It was impossible to obtain reimbursement in
cash because the currency in the countries to which these
supplies were sent was impossible to convert into foreign
exchange, except in comparatively insignificant amounts.
POLAND THE BIGGEST DEBTOR
"I give herewith approximate list of the notes of each
Government, which we expect to turn over to the United States
Treasury.
Poland $57,000,000
Czechoslovakia 6,750,000
Armenia 10,000,000
Russia. 5,000,000
Esthonia 2,300,000
Latvia 3,000,000
Lithuania 700,000
Finland 4,000,000
Total $88,750,000
"The remaining 12 per cent. of the supplies was donated in
assistance to private organizations set up in each country
under direction of the American Relief Administration for the
purpose of furnishing food on a charitable basis to
undernourished children. For such supplies it was, of course,
impossible to obtain reimbursement. This service has
contributed greatly to stabilizing the situation in those
countries, aside from the physical benefits to more than
3,000,000 undernourished children, to whom the war threatened
serious and permanent injury. Certainly this service is one for
which the name of America will always be held in deepest
gratitude."
FOOD CONDITIONS AFTER THE ARMISTICE
[Illustration: A Map Issued by the Food Administration to Show Food
Conditions in Europe After the Signing of the Armistice.]
It is impossible in words to show what the food conditions were in
Europe after the armistice was signed. The United States Food
Administration issued a statement that there were 420,000,000 people in
Europe with food supplies sufficient to last only until next harvest for
a small proportion of them. Some countries had to be supplied at once;
others, it was believed, could help themselves temporarily, provided
they could be given guarantees of food for the future. Many countries
were devastated, undernourished and stripped bare of food and
agricultural equipment because of enemy occupation. A graphic picture of
the situation was presented by the Food Administration in the Hunger Map
of Europe.
NEW FACTORS AFTER NOVEMBER, 1918
An official survey of how cessation of active fighting introduced new
factors in the food situation is presented in a publication of the
Agricultural Department, July, 1919.
Public-domain text, read in full here on John Shaqi.
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