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
A great part of Annex I. is in strict conformity with the pre-Armistice
conditions, or, at any rate, does not strain them beyond what is fairly
arguable. Paragraph 1 claims damage done for injury to the persons of
civilians, or, in the case of death, to their dependents, as a direct
consequence of acts of war; Paragraph 2, for acts of cruelty, violence,
or maltreatment on the part of the enemy towards civilian victims;
Paragraph 3, for enemy acts injurious to health or capacity to work or
to honor towards civilians in occupied or invaded territory; Paragraph
8, for forced labor exacted by the enemy from civilians; Paragraph 9,
for damage done to property "with the exception of naval and military
works or materials" as a direct consequence of hostilities; and
Paragraph 10, for fines and levies imposed by the enemy upon the
civilian population. All these demands are just and in conformity with
the Allies' rights.
Paragraph 4, which claims for "damage caused by any kind of maltreatment
of prisoners of war," is more doubtful on the strict letter, but may be
justifiable under the Hague Convention and involves a very small sum.
In Paragraphs 5, 6, and 7, however, an issue of immensely greater
significance is involved. These paragraphs assert a claim for the amount
of the Separation and similar Allowances granted during the war by the
Allied Governments to the families of mobilized persons, and for the
amount of the pensions and compensations in respect of the injury or
death of combatants payable by these Governments now and hereafter.
Financially this adds to the Bill, as we shall see below, a very large
amount, indeed about twice as much again as all the other claims added
together.
Public-domain text, read in full here on John Shaqi.
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