4. Reason For Leaving: The USA Flashcards
When was the Anglo-American loans?
1947
What happened in 1947?
Anglo-American loans
Who negotiated the Anglo-American loan in 1947?
John Maynard Keynes
What did John Maynard Keynes do in 1947?
negotiated the Anglo-American loan
What did Britain gain out of the Anglo-American treaty?
$3.75 billion loan to rebuild
Who received a $3.75 billion loan to rebuild?
Britain
What were the two catches for the 1947 Anglo-American loan?
Britain dependent on the US
Americans demanded that sterling (£) become fully convertable into dollars, meaning that the British currency reserves plummeted in value
What caused the British currency reserves to plummet in value?
Anglo-American loan, where the British had to make the sterling fully convertible into dollars
Who was growing in strength in America?
Militant Zionists
What happened to militant Zionists during the war in America?
Grew in strength
What happened in May 1942?
A conference of American Zionist organisations at the Biltmore Hotel in New York City passed a series of declarations that called for
unlimited Jewish immigration to Palestine after the war and the establishment of a Jewish state.
When was the Biltmore conference?
May 1942
Where did the Zionist organisation meet for their conference in May 1942?
Biltmore Hotel in New York
What was passed at the Biltmore conference in May 1942?
Passed a series of declarations that called for
unlimited Jewish immigration to Palestine after the war and the establishment of a Jewish state.
In what conference was a series of declarations that called for
unlimited Jewish immigration to Palestine after the war and the establishment of a Jewish state?
Biltmore conference in May 1942