The Allies collectively owed $12 billion to the United States. The UK was the biggest debtor, owing $5 billion. The US was adamant that these debts be paid in full, earning the US the title “Uncle Shylock” in Europe.
In Westminster, the accumulation of multiple domestic and foreign policy crises led to the fall of David Lloyd George’s government and a general election. The new Tory government, led by PM Andrew Bonar Law was faced with the task of attempting to renegotiate the UK’s debts to the US.
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Fanfare
Opening Theme
Music for the Royal Fireworks
Composed in 1749 by Georg Friederich Händel. Public domain.
Performed by the Leeds Chamber Orchestra. Public domain recording. Source.
Closing Theme
Except when otherwise indicated, the contents of this podcast are © and ℗ 2015, 2016, 2017, 2018, 2019, 2020, 2021 by Mark Painter, all rights reserved. Some music and sound effects used by arrangement with Pond 5.