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American Big Business in Britain and GermanyA Comparative History of Two "Special Relationships" in the 20th Century$
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Volker R. Berghahn

Print publication date: 2014

Print ISBN-13: 9780691161099

Published to Princeton Scholarship Online: October 2017

DOI: 10.23943/princeton/9780691161099.001.0001

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Cooperation, Peaceful Competition, and the Specter of War, 1902–1914

Cooperation, Peaceful Competition, and the Specter of War, 1902–1914

Chapter:
(p.57) II Cooperation, Peaceful Competition, and the Specter of War, 1902–1914
Source:
American Big Business in Britain and Germany
Author(s):

Volker R. Berghahn

Publisher:
Princeton University Press
DOI:10.23943/princeton/9780691161099.003.0003

This chapter traces how American business relations with the two major industrial powers of Europe developed up to 1914. It shows how American economic ties with Britain had been weakening for several years, but then saw a restrengthening as the political threat of a major war loomed larger and larger on the horizon. The Anglo-American relationship became close and in this sense “special” at the outbreak of hostilities between Britain and Germany in August 1914. Meanwhile German–American economic relations, which, despite many political difficulties, had been intensifying after the turn of the century, became antagonistic in the summer of 1914, even if it took until April 1917 for Washington formally to enter the world conflict on the Allied side against Berlin and Vienna.

Keywords:   American business relations, European industrial powers, foreign direct investments, political relations, political participation, war, World War I, Anglo-American relationship, German–American relations

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