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Nitti, Francesco Saverio, 1868-1953

"Peaceless Europe"

The iron industry tends to
affirm itself in France; she has the iron and now she wants coal.
Should she succeed in getting it, German production would be doomed.
To deprive Germany of Upper Silesia would mean killing production
after having disorganized it at the very roots of its development.
Seven years ago, or thereabouts, Germany was flourishing in an
unprecedented manner and presented the most favourable conditions for
developing. Her powerful demographic structure was almost unique.
Placed in the centre of Europe after having withstood the push of so
many peoples, she had attained an unrivalled economic position.
Close to Germany the Austro-Hungarian Empire united together eleven
different peoples, not without difficulty, and this union tended to
the common elevation of all. The vast monarchy, the result of a slow
aggregation of violence and of administrative wisdom, represented,
perhaps, the most interesting historic attempt on the part of
different peoples to achieve a common rule and discipline on the same
territory.


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