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Nitti, Francesco Saverio, 1868-1953

"Peaceless Europe"

Perhaps if some fundamental truths were brought home to
the people, or, to be more exact, to the peoples now at loggerheads
with each other, a notion of the peril equally impending upon all
concerned and the conviction that an indefinite prolongation of the
present state of things is impossible, would prove decisive factors in
restoring a spirit of peace and in reviving that spirit of solidarity
which now appears spent or slumbering.
But in the first place it is necessary to review the situation, such
as it is at the present moment:
Firstly, Europe, which was the creditor of all other continents, has
now become their debtor.
Secondly, her working capacity has greatly decreased, chiefly owing to
the negative change in her demographic structure. In pre-war times the
ancient continent supplied new continents and new territories with a
hardy race of pioneers, and held the record as regards population,
both adult and infantile, the prevalence of women over men being
especially noted by statisticians. All this has changed considerably
for the worse!
Thirdly, on the losing nations, including Germany, which is generally
understood to be the most cultured nation in the world, the victors
have forced a peace which practically amounts to a continuation of
the War.


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