_THE ATHENÆUM_, Jan. 23, 1920.—“This book is a perfectly well–equipped arsenal of facts and arguments, to which every one will resort for years to come who wishes to strike a blow against the forces of prejudice, delusion, and stupidity. It is not easy to make large numbers of men reasonable by a book, yet there are no limits to which, without undue extravagance, we may not hope that the influence of this book may not extend. Never was the case for reasonableness more powerfully put. It is enforced with extraordinary art. What might easily have been a difficult treatise, semi–official or academic, proves to be as fascinating as a good novel.” _FORTNIGHTLY REVIEW_, March 1, 1920.—“Mr. Keynes’s book has now been published three months, and no sort of official reply to it has been issued. Nothing but the angry cries of bureaucrats have been heard. No such crushing indictment of a great act of international policy, no such revelation of the futility of diplomats has even been made.” _TIMES LITERARY SUPPLEMENT_, April 29, 1920.—“Mr. Keynes ... has violently attacked the whole work of those who made the Treaty in a book which exhibits every kind of ability except the political kind.... Mr. Keynes knows everything except the elements of politics, which is the science of discovering, and the art of accomplishing, the practicable in public affairs.” _TIMES_ (“Annual Financial and Commercial Review”), Jan. 28, 1921.—“The almost unhealthy greed with which Mr. Keynes’s book on _The Economic Consequences of the Peace_ was devoured in a dozen countries was but a symptom of the new desire to appreciate, and, if possible, to cope with, the economic consequences not only of the peace but of the war.” _LIVERPOOL COURIER_, Feb. 2, 1921.—“In the eyes of the world—at least, of the world that is not pro–German—the reparation costs are wholly inadequate. It is true that in the eyes of Mr. J. M. Keynes it is wicked to charge Germany with the cost of war pensions, but we imagine that the average man with a simple sense of simple justice does not agree with Mr. Keynes.” “REALIST” in the _ENGLISH REVIEW_, March 1921.—“The operation of indemnity–payment must be followed through to its remorseless end.... The cry ‘Germany must pay’ has still a good healthy sound about it.” _ENGLISH REVIEW_, June 1921.—“What Mr. Maynard Keynes predicted in his remarkable book is coming only too true. All over Europe the nations are standing to arms, thinking boundaries, while trade languishes, production stagnates, and credit lapses into the relativities.” _American_ JOSEPH P. COTTON in the _EVENING POST_, New York, Jan. 30, 1920.—“Mr. Keynes’s book is the first good book on peace and the reconstruction of Europe. The writing is simple and sincere and true ... a great book with a real message.”