The Economics of Reparation (Classic Reprint) - Tapa blanda

Paish, George

 
9781333600884: The Economics of Reparation (Classic Reprint)

Sinopsis

Excerpt from The Economics of Reparation

In regard to Austria there is probably no difference of opinion. Everyone recognises that that country is in no position to make reparation, and, indeed, will need assistance if she is to overcome the severe injury to her economic well being through the complete dissolution of her Empire. The question of Austrian reparation is not even discussed. Indeed, members of the Reparation Commission in Vienna are pleading in convincing terms that assistance should be rendered to Austria with the least possible delay in order to mitigate the sufferings of the people of Vienna and to render them self-supporting. Instead of reparation, the proposal is that the Entente nations should provide Austria with a credit of some sterling in six annual instalments of J(210,000,000 each.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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Reseña del editor

Excerpt from The Economics of Reparation

In regard to Austria there is probably no difference of opinion. Everyone recognises that that country is in no position to make reparation, and, indeed, will need assistance if she is to overcome the severe injury to her economic well being through the complete dissolution of her Empire. The question of Austrian reparation is not even discussed. Indeed, members of the Reparation Commission in Vienna are pleading in convincing terms that assistance should be rendered to Austria with the least possible delay in order to mitigate the sufferings of the people of Vienna and to render them self-supporting. Instead of reparation, the proposal is that the Entente nations should provide Austria with a credit of some sterling in six annual instalments of J(210,000,000 each.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Reseña del editor

Excerpt from The Economics of Reparation

Before the war only a relatively small seétion of the German people were in that state of affluence which enabled them to live in comparative luxury and to consume more than they required for the maintenance of health and efficiency. The great majority of the German people, even prior to the war, were below the poverty line, the proportion being much greater than in Great Britain. To the extent that expenditures on luxuries could be diminished or entirely suppressed, there was a surplus in Germany in pre-war days which could have been utilised for reparation without disadvantage to anyone. At the present time, however, the sestion of the German people that can indulge in luxury expenditures is very limited, while a very great proportion is insufficiently supplied with either food, clothing or fuel. Any effort to obtain reparation from the people while they are in their present condition must inevitably reduce their power to make reparation in subse quent years, by increasing the death rate, by diminishing vitality or by forcing them to emigrate. Any annual payment that could be colleéted immediately would be only for a short period, and in the aggregate the sum would be insignificant, whereas the situation of Europe demands that the sum which Germany should pay should be as large as possible. If feelings of humanity were left out of account, economic considerations alone would demand the restoration of the health and pro dustive power of the German people in order that they might be able to create a substantial surplus of goods annually over and above what they required to produce in order to purchase adequate supplies of necessaries for themselves. Impartial investigation demonstrates that an essential preliminary to reparation by Germany is the restoration of the health of her people in order that her produstive power may be re established. When this is accomplished, the German people would be able to produce for export all the goods which the world would be prepared to buy from them.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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