The Economic Consequences of the Peace — John Shaqi
The Economic Consequences of the PeaceKeynes, John Maynard
History
The Economic Consequences of the Peace
Keynes, John Maynard
Economic history -- 1918-1945; Treaty of Versailles (1919 June 28); World War, 1914-1918 -- Economic aspects
French Saloons of State, one could wonder if the extraordinary visages
of Wilson and of Clemenceau, with their fixed hue and unchanging
characterization, were really faces at all and not the tragi-comic masks
of some strange drama or puppet-show.
The proceedings of Paris all had this air of extraordinary importance
and unimportance at the same time. The decisions seemed charged with
consequences to the future of human society; yet the air whispered that
the word was not flesh, that it was futile, insignificant, of no effect,
dissociated from events; and one felt most strongly the impression,
described by Tolstoy in _War and Peace_ or by Hardy in _The Dynasts_, of
events marching on to their fated conclusion uninfluenced and unaffected
by the cerebrations of Statesmen in Council:
_Spirit of the Years_
Observe that all wide sight and self-command
Deserts these throngs now driven to demonry
By the Immanent Unrecking. Nought remains
But vindictiveness here amid the strong,
And there amid the weak an impotent rage.
_Spirit of the Pities_
Why prompts the Will so senseless-shaped a doing?
_Spirit of the Years_
I have told thee that It works unwittingly,
As one possessed not judging.
In Paris, where those connected with the Supreme Economic Council,
received almost hourly the reports of the misery, disorder, and decaying
organization of all Central and Eastern Europe, allied and enemy alike,
and learnt from the lips of the financial representatives of Germany and
Austria unanswerable evidence, of the terrible exhaustion of their
countries, an occasional visit to the hot, dry room in the President's
house, where the Four fulfilled their destinies in empty and arid
intrigue, only added to the sense of nightmare. Yet there in Paris the
problems of Europe were terrible and clamant, and an occasional return
to the vast unconcern of London a little disconcerting. For in London
these questions were very far away, and our own lesser problems alone
troubling. London believed that Paris was making a great confusion of
its business, but remained uninterested. In this spirit the British
people received the Treaty without reading it. But it is under the
influence of Paris, not London, that this book has been written by one
who, though an Englishman, feels himself a European also, and, because
of too vivid recent experience, cannot disinterest himself from the
further unfolding of the great historic drama of these days which will
destroy great institutions, but may also create a new world.
CHAPTER II
EUROPE BEFORE THE WAR
Before 1870 different parts of the small continent of Europe had
specialized in their own products; but, taken as a whole, it was
substantially self-subsistent. And its population was adjusted to this
state of affairs.
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