HIST 2057 Chapter : 19-Mar
Document Summary
Johnson debt default act (1934): american cannot loan money to previous defaulted countries. It passes because americans figure the way to stay out of war is by not being in debt or having other countries in debt with us. 5 power naval treaty- 5 largest navies us, gb, japan, france and italy; each navy would have their domain in the world oceans. Idea was that all of these countries only need a navy large enough to patrol their own domain. That way navy"s can be reduced in size; slot of countries end up destroying their ships. 4 power treaty- us japan france gb; they each acknowledge each other"s possessions in asia, they agree to maintain their possessions without expanding. 9 power treaty- all powers agree to the open door policy in china. Washington armaments conference (1921) - problem was there was no mechanism to enforce these treaties, no authority, no organization.