By Thomas M. Meagher
This first a part of a two-volume sequence examines intimately the financing of America’s significant wars from the yankee Revolution to the Civil warfare. It interweaves analyses of political coverage, army approach and operations, and warfare finance and fiscal mobilization with examinations of the occasions of America’s significant armed conflicts, delivering necessary case stories for college kids of army heritage and spending coverage, policymakers, army comptrollers, and officials in training.
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Additional resources for Financing Armed Conflict, Volume 1: Resourcing US Military Interventions from the Revolution to the Civil War
To repeat, wars should not be won in a way to make the loss of peace an uncertainty, and if peace is rendered more trying as a result of certain aspects of the war effort, this should be fully realized in advance. ”42 The use of economic and financial measures during war time is an ancient phenomenon with a long history of both success and failure. M. MEAGHER continue to trade with its economic partners. In the meantime, the invading Spartan land forces, largely bereft of naval capability, found themselves laying waste to an increasingly devastated countryside, while dependent on a long and isolated supply line for resupply.
Before implementing such a plan though, a number of important factors must be considered, not the least of which is the problem presented by an ongoing shooting war. M. MEAGHER web of existing economic relationships between adversaries and neutrals. 47 The American experience in the War of 1812 and the British experience in World War One have already been cited as examples of the difficulties these relationships can pose in a wartime environment. More recent examples include the sanctions program against Iran in response to that country’s continued efforts to develop a nuclear weapon; another is that of the Russian annexation of the Crimea.
World War One, however, quickly turned from a war of maneuver to one of attrition, leaving Germany vulnerable to the pressures of economic warfare, first by the British and then by the Americans, once the United States entered the war on the side of the allies. In World War Two, the Germans were initially successful and, as a result of their military victories in Europe, were able to at first withstand Allied economic pressure. However, the disastrous decision to invade Russia and the subsequent entrance of the United States into the war following Pearl Harbor made the final decision all but inevitable.
Financing Armed Conflict, Volume 1: Resourcing US Military Interventions from the Revolution to the Civil War by Thomas M. Meagher