A Revision of the Treaty: Being a Sequel to The Economic Consequence of the PeaceKeynes, John Maynard
History
A Revision of the Treaty: Being a Sequel to The Economic Consequence of the Peace
Keynes, John Maynard
Treaty of Versailles (1919 June 28); World War, 1914-1918 -- Reparations
Two days later Mr. Lloyd George read to the German Delegation a
lecture on the guilt of their country, described their proposals as
“an offense and an exasperation,” and alleged that their taxes were
“ridiculously low compared with Great Britain’s.” He then delivered
a formal declaration on behalf of the Allies that Germany was in
default in respect of “the delivery for trial of the criminals who have
offended against the laws of war, disarmament, and the payment in cash
or kind of $5,000,000,000”; and concluded with an ultimatum[8] to
the effect that unless he heard by Monday (March 7) “that Germany was
either prepared to accept the Paris Decisions or to submit proposals
which would be in other ways an equally satisfactory discharge of her
obligations under the Treaty of Versailles (subject to the concessions
made in the Paris proposals),” the Allies would proceed to (1) the
occupation of Duisberg, Ruhrort, and Düsseldorf on the right bank of
the Rhine, (2) a levy on all payments due to Germany on German goods
sent to Allied countries, (3) the establishment of a line of Customs
between the occupied area of Germany and the rest of Germany, and (4)
the retention of the Customs paid on goods entering or leaving the
occupied area.
During the next few days negotiations proceeded, to no purpose, behind
the scenes. At midnight on March 6, M. Loucheur and Lord D’Abernon
offered the Germans the alternative of a fixed payment of $750,000,000
for 30 years and an export proportion of 30 per cent.[9] The formal
Conference was resumed on March 7. “A crowd gathered outside Lancaster
House in the morning and cheered Marshal Foch and Mr. Lloyd George.
Shouts of ‘Make them pay, Lloyd George!’ were general. The German
delegates were regarded with curiosity. General von Seeckt wore uniform
with a sword. He wore also an eyeglass in the approved manner of the
Prussian officer and bore himself as the incarnation of Prussian
militarism. Marshal Foch, Field–Marshal Sir Henry Wilson, and the other
Allied soldiers also wore uniform.”[10]
Public-domain text, read in full here on John Shaqi.
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