“It is an age-old axiom that rulers often, in periods of dire economic distress, seek by a bold foreign policy to divert attention from the home front to distant stormy horizons.
Some historians believe that, in 1937, President Roosevelt followed this axiom with regard to his famous quarantine speech delivered in Chicago on October 5, 1937.
There is no doubt that he was deeply concerned over the severe economic recession in the United States which became manifest in the late summer of 1937. After a conversation with the President on august 11, Ambassador Dodd recorded in his diary that the Chief Executive was “greatly troubled about the danger of war and also the continued depression in the United States.”
From Charles Callan Tansill’s “Back Door to war.”
Page 342.
Quote from Ambassador Dodd, “Ambassador Dodd’s Diary.”
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