"I liked him, but not much; he smelled of Bloomsbury... He seethed at "the Carthaginian peace of M. Clemenceau", thought the treaty [of Versailles] an offence comparable with the German invasion of Belgium, and blasted "the policy of reducing Germany to servitude for a generation..." From the start he got everything out of focus, even imagining that "the perils of the future lie not in frontiers and sovereignties but in food, coal and transport". ... He condemned the liberated states, and scouted further danger to France in measurable future... The poor chap's prophecies went all agley... "Those who sign this Treaty," said the Chief German Delegate, "will sign the death sentence of many millions of German men, women and children". And Keynes echoed him: "I know of no adequate answer to these words". Others were more imaginative. Ten years after signature European production surpassed pre-war levels, and standards of life were never higher. In Germany coal, iron and steel beat all records, savings increased hugely, national income was 60% higher than before the war... Small attention should therefore have been paid to Keynes' outburst or to the fits of ungovernable silliness which it incited. The outcome was however prodigious, for the book [The Economic Consequences of the Peace] was just what American dissidents needed to reject Wilson. It was used to prove by "the horrors of Versailles"... Keynes took the first step in reasoning the United States back into neutrality between good and evil."
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Historians from EnglandPhilosophers from EnglandUniversity of Cambridge facultyEconomists from EnglandSociologists from England
Original Language: English
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Sources
Lord Vansittart, The Mist Procession (1958), pp. 223-226
https://en.wikiquote.org/wiki/John_Maynard_Keynes
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John Maynard Keynes
1883 – 1946
Britischer Nationalökonom
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