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- 05 -042017

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Lafayette, We Are Here! : episode 20

MA BA La Fayette 2001 300x202 Lafayette, We Are Here! : episode 20

Marshal Ferdinand Foch does the “Shimmy”. The famous Field Marshal’s ceremonial welcome by Indian Chiefs in 1921. © Paris, musée de l’Armée, Dist. RMN-GP Émilie Cambier

MA BA La Fayette 2002 300x213 Lafayette, We Are Here! : episode 20

MA BA La Fayette 2003 197x300 Lafayette, We Are Here! : episode 20

Field Marshal’s baton presented to Marshall Foch by Supreme Knight James Flaherty, 21 August 1921. © Paris, musée de l’Armée, Dist. RMN-GP Pascal Segrette

Post War Reconstruction

A Difficult Economic Restructuring

In 1920-1921, the United States went through a deflationary recession partly due to the necessity to adjust from wartime to peacetime economy and deal with a tighter monetary policy and price expectations. In January 1920, by fear of monetary disturbances the United States suspended all government loans and American private banks reduced their bank loans. European countries, notably France, were rebuilding economies and undergoing reconstruction. Although they were in great need of building supplies, their respective means of payment had been basically exhausted due to the full cost of war. Without provisions orders from Europe became scarce resulting in inventory accumulations in supply countries leading to an extreme deflation.

Renewal of an Enduring Alliance

It was in this charged environment that, Marshal Ferdinand Foch and Count Charles de Chambrun, a descendant of Lafayette, arrived in America on 28 October 1921, with the sole purpose to renew Franco-American friendship. With General Pershing on his side, Marshal Foch’s tour was a triumph and the somewhat 1917-1918 stormy relations between the two men had become totally invisible in the eyes of the journalists following all their movements by photographing or filming the two heroes. Marshal Joffre also visited the United States for a few days after 11 November 1921. Georges Clémenceau, then aged 81, also visited the States for the same purpose in 1922.

MA BA La Fayette 2004 201x300 Lafayette, We Are Here! : episode 20

 

 

Sabre presented to Marshal Ferdinand Foch by the French Institute in the United States, NYC, 1921. © Paris, musée de l’Armée, Dist. RMN-GP Émilie Cambier

 

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