The Act of Congress authorized the collection of future reparation payments by Finland to be reserved in a depository institution or special deposit account administered by the United States Department of the Treasury.

[2] The eighty-first Senate joint resolution was sponsored by Senator Fulbright serving as a benefactor for student exchange programs at the crest of the post-war interval in light of the aftermath of World War II and Finland in World War II.

[1] The Fulbright Program achieved the dialogue of cultural diplomacy and the harmonious exchange of globalization.

[4][5] In 1924, the 68th United States Congress passed House bill 5557 entitled the Finland Settlement of World War I Indebtedness.

The Act of Congress encompassed the defining of terms regarding the funding, payment installments, and rates of interest for World War I reparations as commitments accrued by the Republic of Finland.