[The Economic Consequences of the Peace by John Maynard Keynes]@TWC D-Link bookThe Economic Consequences of the Peace CHAPTER V 38/118
On the other hand, a definitive figure for damage done which would not disastrously disappoint the expectations which had been raised in France and Belgium might have been incapable of substantiation under challenge,[105] and open to damaging criticism on the part of the Germans, who were believed to have been prudent enough to accumulate considerable evidence as to the extent of their own misdoings. By far the safest course for the politicians was, therefore, to mention no figure at all; and from this necessity a great deal of the complication of the Reparation Chapter essentially springs. The reader may be interested, however, to have my estimate of the claim which can in fact be substantiated under Annex I.of the Reparation Chapter.
In the first section of this chapter I have already guessed the claims other than those for Pensions and Separation Allowances at $15,000,000,000 (to take the extreme upper limit of my estimate).
The claim for Pensions and Separation Allowances under Annex I.is not to be based on the _actual_ cost of these compensations to the Governments concerned, but is to be a computed figure calculated on the basis of the scales in force in France at the date of the Treaty's coming into operation.
This method avoids the invidious course of valuing an American or a British life at a higher figure than a French or an Italian.
The French rate for Pensions and Allowances is at an intermediate rate, not so high as the American or British, but above the Italian, the Belgian, or the Serbian.
<<Back Index Next>> D-Link book Top TWC mobile books
|