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Nitti, Francesco Saverio, 1868-1953

"Peaceless Europe"

No word had been said previously of claiming from the
conquered enemy anything beyond restoration of devastated territories,
but after the War another theory was produced. If Germany and her
allies are solely responsible for the War, they must pay the whole
cost of the War: damage to property, persons and war works. When
damage has been done, he who has done the wrong must make reparation
for it to the utmost limit of his resources.
The American delegation struck a note of moderation: no claim
should be made beyond what was established in the peace conditions,
reparation for actions which were an evident violation of
international law, restoration of invaded country, and reparation for
damage caused to the civil population and to its property.
During the War there were a number of exaggerated pronouncements on
the immense resources of Germany and her capacity for payment.
Besides all the burdens with which Germany was loaded, there was a
discussion on the sum which the Allies should claim. The War had cost
700 milliard francs, and the claims for damage to persons and property
amounted to at least 350 milliards for all the Allies together.


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