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
For there are, in the present times, two opinions; not, as in former
ages, the true and the false, but the outside and the inside; the
opinion of the public voiced by the politicians and the newspapers,
and the opinion of the politicians, the journalists and the civil
servants, upstairs and backstairs and behind–stairs, expressed in
limited circles. In time of war it became a patriotic duty that the two
opinions should be as different as possible; and some seem to think it
so still.
This is not entirely new. But there has been a change. Some say that
Mr. Gladstone was a hypocrite; yet if so, he dropped no mask in
private life. The high tragedians, who once ranted in the Parliaments
of the world, continued it at supper afterwards. But appearances can
no longer be kept up behind the scenes. The paint of public life, if
it is ruddy enough to cross the flaring footlights of to–day, cannot
be worn in private,—which makes a great difference to the psychology
of the actors themselves. The multitude which lives in the auditorium
of the world needs something larger than life and plainer than the
truth. Sound itself travels too slowly in this vast theater, and a true
word no longer holds when its broken echoes have reached the furthest
listener.
Those who live in the limited circles and share the inside opinion pay
both too much and too little attention to the outside opinion; too
much, because, ready in words and promises to concede to it everything,
they regard open opposition as absurdly futile; too little, because
they believe that these words and promises are so certainly destined to
change in due season, that it is pedantic, tiresome, and inappropriate
to analyze their literal meaning and exact consequences. They know all
this nearly as well as the critic, who wastes, in their view, his time
and his emotions in exciting himself too much over what, on his own
showing, cannot possibly happen. Nevertheless, what is said before the
world is, still, of deeper consequence than the subterranean breathings
and well–informed whisperings, knowledge of which allows inside opinion
to feel superior to outside opinion, even at the moment of bowing to it.
Public-domain text, read in full here on John Shaqi.
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