Hoover Moratorium

E133569

The Hoover Moratorium was a 1931 initiative by U.S. President Herbert Hoover that called for a one-year suspension of World War I reparations and intergovernmental debt payments in an effort to ease the global economic crisis.

All labels observed (4)

How this entity was disambiguated

Statements (45)

Predicate Object
instanceOf debt moratorium
historical event
international economic policy initiative
affectedAgreement World War I reparations system
inter-Allied war debts
affectedCountry Belgium
France
Germany
Italy
United Kingdom
United States of America
surface form: United States
aimedAt easing the global economic crisis
relieving pressure on debtor nations
stabilizing the international financial system
alsoKnownAs Hoover Moratorium
surface form: Hoover debt moratorium
announcedDuring Great Depression
announcedOn 1931
appliesTo World War I reparations
intergovernmental debts
countryOfOrigin United States of America
surface form: United States
hasConsequence limited long-term impact on Great Depression
political controversy in creditor nations
short-term relief for debtor nations
hasDuration one year
hasName Hoover Moratorium self-link
historicalContext interwar period
implementedAs temporary suspension of payments
legalForm executive initiative
motivatedBy banking crises in Europe
collapse of international credit flows
namedAfter Herbert Hoover
opposedBy some members of the U.S. Congress
policyArea foreign economic policy
international finance
war reparations
proposedBy Herbert Hoover
proposedByOfficeHolder President of the United States
relatedTo Dawes Plan for German reparations after World War I
surface form: Dawes Plan

German reparations
Young Plan
international gold standard crisis
subjectOf analyses of Great Depression policies
historical studies of interwar economic diplomacy
supportedBy international bankers and financial experts
timePeriod early 1930s

How these facts were elicited

Referenced by (7)

Full triples — surface form annotated when it differs from this entity's canonical label.

Lausanne Conference of 1932 followed Hoover Moratorium
Herbert Hoover administration foreignPolicy Hoover Moratorium
this entity surface form: Hoover Moratorium on World War I reparations
Young Plan suspendedBy Hoover Moratorium
Hoover Moratorium hasName Hoover Moratorium self-link
Hoover Moratorium alsoKnownAs Hoover Moratorium
this entity surface form: Hoover debt moratorium
Lausanne Agreement influencedBy Hoover Moratorium
this entity surface form: Hoover Moratorium on War Debts (1931)
Lausanne Agreement relatedEvent Hoover Moratorium