Harper's Pictorial Library of the World War, Volume XII : $b The Great Results of the War
History
Harper's Pictorial Library of the World War, Volume XII : $b The Great Results of the War
League of Nations; Treaty of Versailles (1919 June 28); World War, 1914-1918; World War, 1914-1918 -- Economic aspects; World War, 1914-1918 -- Finance
"From every quarter members with first-hand knowledge of
ship-building got up to tell the same story of
over-centralization, fussy control, conflicting orders, leading
all to the same result--discouragement of masters and men. Mr.
Mackinder, speaking for a Glasgow constituency, and Sir Walter
Runciman, speaking as a ship-owner--two men whose views on
economics are the poles apart--were in agreement here. The
fault, they declared, lay, not in the want of patriotism or the
inherent vice of the British workman, or even in the lethargy
of the British employer, but in the third and predominant
member of the ship-building partnership, the British
Government. Keeping the direction in its own hands, the
Government started with a preconceived theory of the standard
ship--a theory that might be of great value to a builder of
revolutionary ideas laying the foundations of a prosperity to
be enjoyed twenty years hence, but is of considerably less
value to a nation that is losing steamers at the rate of
fifteen or twenty a week, and wants new steamers now. When the
standard ship was first proposed, builders pointed out that in
practice each had a standard ship of his own, and they could
build most quickly by confining themselves to their own
familiar types. Mr. Macnamara told them that they were
Solomons, wise after the event, but that is less than fair.
They were wise from the beginning, and their predictions have
come true."
TRADE POLICY AS A WAR WEAPON
The building of ships under Government supervision and control was only
one side of Allied war shipping administration. Seaborne trade was
rigidly directed as a potent arm in bringing Germany's war power to
ruin. The industrial and economic effect of the marine blockade was
fully conceded by a number of German and Austrian newspapers.
_The Frankfurter Zeitung_ said:
"If the final peace does not return to us what our enemies have
taken and destroyed in the outside world, if it does not
restore to us freedom in our work and our spirit of enterprise
in the world, then the German people is crippled for an
immeasurable period. We demand restoration for all violation of
the law and for all acts of destruction. We demand
indemnification for all damages done, and we meet the plan of
differentiation with the demand for the most-favored-nation
treatment and equal rights; the plan of exclusion with the
demand for the open door and free seas; and the threat of a
blockade of raw materials with the demand for the delivery of
raw materials."
A true picture of the situation is given in the following passage from
the Vienna _Arbeiter Zeitung_:
Public-domain text, read in full here on John Shaqi.
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