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
'A system of international credit--founded necessarily on British
credit--is as great a necessity for ourselves as it is for Central
Europe. We must finance our customers or lose them and share their ruin,
sinking deeper every month into the morass of doles and relief works.
That is the main lesson of the present crisis.'--(Jan. 1st, 1921.)
[2] Out of a population of 45,000,000 our home-grown wheat suffices for
only about 12,500,000, on the basis of the 1919-20 crop. Sir Henry Rew,
_Food Supplies in Peace and War_, says: 'On the basis of our present
population ... we should still need to import 78 per cent. of our
requirements.' (p. 165). Before the War, according to the same
authority, home produce supplied 48 per cent. in food value of the total
consumption, but the table on which this figure is based does not
include sugar, tea, coffee, or cocoa.
[3] The growing power of the food-producing area and its determination
to be independent as far as possible of the industrial centre, is a fact
too often neglected in considering the revolutionary movements of
Europe. The war of the classes almost everywhere is crossed by another
war, that between cities and country. The land-owning countryman,
whether peasant or noble, tends to become conservative, clerical,
anti-socialist (and anti-social) in his politics and outlook.
[4] 'The Economic Consequences of the Peace,' pp. 275-277.
[5] _Manchester Guardian_, Weekly Edition, February 6th., 1920.
[6] _Daily News_, June 28th., 1920.
[7] Sir William Goode, British Director of Relief, has said, (_Times_
Dec. 6th., 1919):--
'I have myself recently returned from Vienna. I feel as if I had spent
ten days in the cell of a condemned murderer who has given up all hope
of reprieve. I stayed at the best hotel, but I saw no milk and no eggs
the whole time I was there. In the bitter, cold hall of the hotel, once
the gayest rendezvous in Europe, the visitors huddled together in the
gloom of one light where there used to be forty. They were more like
shadows of the Embankment than representatives of the rich. Vienna's
world-famous Opera House is packed every afternoon. Why? Women and men
go there in order to keep themselves warm, and because they have no work
to do.'
He went on:--
'First aid was to hasten peace. Political difficulties combined with
decreased production, demoralisation of railway traffic, to say nothing
of actual shortages of coal, food, and finance, had practically
paralysed industrial and commercial activity. The bold liberation or
creation of areas, without simultaneous steps to reorganise economic
life, had so far proved to be a dangerous experiment. Professor Masaryk,
the able President of Czecho-Slovakia, put the case in a nutshell when
he said: "It is a question of the export of merchandise or of
population."'
[8] The figures for 1913 are:--
Public-domain text, read in full here on John Shaqi.
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