The Fruits of Victory: A Sequel to The Great IllusionAngell, Norman
History
The Fruits of Victory: A Sequel to The Great Illusion
Angell, Norman
Economic history -- 1918-1945; World War, 1914-1918 -- Influence
common purpose, there remained just France and England--and their
relations, too, were becoming daily worse; in fundamental disagreement
over Poland, Turkey, Syria, the Balkan States, Austria, and Germany
itself, its indemnities, and its economic treatment generally. Was this
the instrument for the conquest of half a world?
But the political disintegration of the Alliance was not the only
obstacle to a thorough-going application of military force to the
problem of Germany and Russia.
By the very terms of the theory of security by preponderant power,
Germany had to be weakened economically, for her subjugation could never
be secure if she were permitted to maintain an elaborate, nationally
organised economic machinery, which not only gives immense powers of
production, capable without great difficulty of being transformed to the
production of military material, but which, through the organisation of
foreign trade, gives influence in countries like Russia, the Balkans,
the Near and Far East.
So part of the policy of Versailles, reflected in the clauses of the
Treaty already dealt with, was to check the economic recovery of Germany
and more particularly to prevent economic co-operation between that
country and Russia. That Russia should become a 'German Colony' was a
nightmare that haunted the minds of the French peace-makers.[53]
But, as we have already seen, to prevent the economic co-operation of
Germany and Russia meant the perpetuation of the economic paralysis of
Europe. Combined with the maintenance of the blockade it would
certainly have meant utter and perhaps irretrievable collapse.
Perhaps the Allies at the beginning of 1919 were in no mood to be
greatly disturbed by the prospect. But they soon learned that it had a
very close bearing both on the aims which they had set before themselves
in the Treaty and, indeed, on the very problem of maintaining military
predominance.
Public-domain text, read in full here on John Shaqi.
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