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Nitti, Francesco Saverio, 1868-1953

"Peaceless Europe"

The results of the Continental War, however, are
the suppression of Germany, which lost, as well as of Russia, which
had not resisted, and France alone has gathered the fruits of the
situation, if they can be called that, from amongst the thorns which
everywhere surround the victory.
But the War was decided, above all, by the intervention of the
Anglo-Saxon people, Great Britain, her Dominions, and the United
States of America. Nothing but the small political intelligence of the
German statesmen could have united in the same group the peoples
who have the greatest contrast of interests among themselves--Great
Britain, Russia, the United States of America, Japan, France and
Italy.
But now the situation of Europe and especially that of Asia is
creating fresh competitions, the expenses for the navies, according to
the figures of the various Budgets from 1914 to 1921, have risen in
the United States of America from 702 millions of lire to 2,166, in
Great Britain from 1,218 millions to 2,109, in Japan from 249 millions
to 1,250, in France from 495 millions to 1,083, in Italy from 250
millions to 402.


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