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
channels of international trade. If anything remotely like them is
really intended to happen, the reactions on the trade and industry
of this country are incalculable. It is an outrage that they should
be dealt with by the methods of the poker party of which news comes
from Paris.'[130]
If the expert economists failed to admit the validity of _The Great
Illusion_ argument fifteen years ago, the general public has barely a
glimmering of it to-day. It is true that our miners realise that vast
deliveries of coal for nothing by Germany disorganise our coal export
trade. British shipbuilding has been disastrously affected by the Treaty
clauses touching the surrender of German tonnage--so much so that the
Government have now recommended the abandonment of these clauses, which
were among the most stringent and popular in the whole Treaty. The
French Government has flatly refused to accept German machinery to
replace that destroyed by the German armies, while French labour refuses
to allow German labour, in any quantity, to operate in the devastated
regions. Thus coal, ships, machinery, manufactures, labour, as means of
payment, have either already created great economic havoc or have been
rejected because they might. Yet our papers continue to shout that
'Germany can pay,' implying that failure to do so is merely a matter of
her will. Of course she can pay--if we let her. Payment means increasing
German foreign trade. Suppose, then, we put the question 'Can German
Foreign Trade be increased?' Obviously it can. It depends mainly on us.
To put the question in its truer form shows that the problem is much
more a matter of our will than of Germany's. Incidentally, of course,
German diplomacy has been as stupid as our own. If the German
representatives had said, in effect: 'It is common ground that we can
pay only in commodities. If you will indicate the kind and quantity of
goods we shall deliver, and will facilitate the import into Germany of,
and the payment for, the necessary food and raw material, we will
accept--on that condition--even your figures of reparation.' The Allies,
of course, could not have given the necessary undertaking, and the real
nature of the problem would have stood revealed.[131]
The review of the situation of France given in the preceding pages will
certainly be criticised on the ground that it gives altogether too great
weight to the temporary embarrassment, and leaves out the advantages
which future generations of Frenchmen will reap.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account