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The U.S. Navy was expanded and upgraded during the presidency of Theodore Roosevelt but the Army was still a minimal force.
To keep with the "true neutrality" the United States initially refused to aid either side with supplies or economic assistance. Once the battles became entrenched and a "war of attrition" began, the European nations continued to look toward the United States for aid. As American financial institutions and exporters sought guidance from Wilson's administration they received a different answer: "short term loans and credits by American financial institutions to belligerents in connection with trade were acceptable" (Zieger, 11)...
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