have to reconcile with Germany. Lloyd George wanted terms of reparation that would not cripple the German economy, so that Germany would remain a viable economic power and trading partner. By arguing that British war pensions and widows' allowances should be included in the German reparation sum, Lloyd George ensured that a large amount would go to the British Empire. Lloyd George also intended to maintain a European balance of power to thwart a French attempt to establish itself as the dominant European power. A revived Germany would be a counterweight to France and a deterrent to Bolshevik Russia. Lloyd George also wanted to neutralize the German navy to keep the Royal Navy as the greatest naval power in the world; dismantle the German colonial empire with several of its territorial possessions ceded to Britain and others being established as League of Nations mandates, a position opposed by the Dominions. American aims Before the American entry into the war, Wilson had talked of a "peace without victory". This position fluctuated following the US entry into the war. Wilson spoke of the German aggressors, with whom there could be no compromised peace. On 8 January 1918, however, Wilson delivered a speech (known as the Fourteen Points) that declared the American peace objectives: the rebuilding of the European economy, self-determination of European and Middle Eastern ethnic groups, the promotion of free trade, the creation of appropriate mandates for former colonies, and above all, the creation of a powerful League of Nations that would ensure the peace. The aim of the latter was to provide a forum to revise the peace treaties as needed, and deal with problems that arose as a result of the peace and the rise of new states. Wilson brought along top intellectuals as advisors to the American peace delegation, and the overall American position echoed the Fourteen Points. Wilson firmly opposed harsh treatment on Germany. While the British and French wanted to largely annex the German colonial empire, Wilson saw that as a violation of the fundamental principles of justice and human rights of the native populations, and favored them having the right of self-determination via the creation of mandates. The promoted idea called for the major powers to act as disinterested trustees over a region, aiding the native populations until they could govern themselves. In spite of this position and in order to ensure that Japan did