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The speech made by Wilson on January 8, 1918 laid out a policy (free trade, open agreements, democracy and self-determination). The Fourteen Points speech was the only explicit statement of war aims by any of the nations fighting in World War I. Some belligerents gave general indications of their aims, but most kept their post-war goals private.
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The Fourteen Points in the speech were based on the research of the Inquiry, a team of about 150 advisors led by foreign-policy advisor Edward M. House, into the topics likely to erect in the anticipated peace conference.
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Wilson had not entered into the war with any affinity with the long-festering almost tribal disputes between the Allies and Germany; if America was going to fight, he would try to unlink the war to nationalistic disputes or ambitions.
The U.S. had joined the Allies in fighting the Central Powers on April 6, 1917.
The "Fourteen Points" was a statement given on the 8th of January, 1918 by United States President Woodrow Wilson declaring that World War I was being fought for a moral cause and calling for postwar peace in Europe.
Wilson's speech also responded to Vladimir Lenin's Decree on Peace of November 1917, immediately after the October Revolution, which proposed an immediate withdrawal of Russia from the war, calling for a just and democratic peace that was not compromised by territorial annexations, and led to the Treaty of Brest-Litovsk on March 3, 1918.