While Europe Waits for Peace Describing the Progress of Economic And Political

Cover While Europe Waits for Peace Describing the Progress of Economic And Political
While Europe Waits for Peace Describing the Progress of Economic And Political
Pierrepont Noyes
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France also fears the economic recuper- ative power of Germany. French states- men are apprehensive as to the temper of their own people who were long fed on glit- THE DEADLOCK 37 tering promises that the expected flow of German money into France would permit a low tax rate to be maintained and would bring prosperity. Believing that if given a chance industrial revival would pro- ceed in Germany faster than in France, these statesmen fear that the French masses would vent their disappointment a
...nd wrath upon the Government. Hence, the French refusal to fix a maximum figure for the indemnity; hence, the former French insistence on more coal than Ger- many could possibly send ; hence, also, the French opposition to outside loans to Ger- many. In fact, the determined hostility in France to any revision of the Treaty for the sake of adapting it to known conditions and thus, while obtaining all practicable ''reparations, " make economic revival in Germany possible, has been based on a pro- found uneasiness as to the consequences of such revival.

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