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The normal profits of a business concern in the United States are six, eight, ten, and sometimes twelve percent. But war-time profits -- ah! that is another matter -- twenty, sixty, one hundred, three hundred, and even eighteen hundred per cent -- the sky is the limit. All that traffic will bear. Uncle Sam has the money. Let's get it.
Then what caused our government to change its mind so suddenly? Money.
The head of the commission spoke. Stripped of its diplomatic language, this is what he told the President and his group: "There is no use kidding ourselves any longer. The cause of the allies is lost. We now owe you (American bankers, American munitions makers, American manufacturers, American speculators, American exporters) five or six billion dollars. If we lose (and without the help of the United States we must lose) we, England, France and Italy, cannot pay back this money . . . and Germany won't.
they were told it was a "war to make the world safe for democracy" and a "war to end all wars." Well, eighteen years after, the world has less of democracy than it had then.