Such a course would not be in the moral or economic interests
of either of our countries. We here would be unable after the
war to purchase the large balance of imports from the United
States over and above the volume of our exports, which is agreeable
to your tariffs and domestic economy. Not only should we in Great
Britain suffer cruel privations but widespread unemployment in
the United States and follow the curtailment of American exporting
power.
18. Moreover I do not believe the Government and people of
the United States would find it in accordance with the principles
which guide them, to confine the help which they have so generously
promised only to such munitions of war and commodities as could
be immediately paid for. You may be assured that we shall prove
ourselves ready to suffer and sacrifice to the utmost for the
Cause, and that we glory in being its champion. The rest we leave
with confidence to you and to your people, being sure that ways
and means will be found which future generations on both sides
of the Atlantic will approve and admire.