To-day there are not only
victors and vanquished, but currents of hate, ferments of violence, a
hungering after conquests, an unscrupulous cornering of raw materials
carried out brutally and almost ostentatiously in the name of the
rights of victory: a situation which renders production, let alone its
development and increase, utterly impossible.
The treaty system as applied after the War has divided Europe into
two distinct parts: the losers, held under the military and economic
control of the victors, are expected to produce not only enough
for their own needs, but to provide a super-production in order to
indemnify the winners for all the losses and damages sustained on
account of the War. The victors, bound together in what is supposed to
be a permanent alliance for the protection of their common interests,
are supposed to exercise a military action of oppression and control
over the losers until the full payment of the indemnity. Another part
of Europe is in a state of revolutionary ferment, and the Entente
Powers have, by their attitude, rather tended to aggravate than to
improve the situation.
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