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Nitti, Francesco Saverio, 1868-1953

"Peaceless Europe"


The whole system of the Treaty of Versailles has been erected on the
error of Poland. Poland was not created as the noble manifestation
of the rights of nationality, ethnical Poland was not created, but a
great State which, as she is, cannot live long, because there are not
great foreign minorities, but a whole mass of populations which cannot
co-exist, Poland, which has already the experience of a too numerous
Israelitic population, has not the capacity to assimilate the Germans,
the Russians and the Ukranians which the Treaty of Versailles has
unjustly given to her against the very declarations of Wilson.
So that after, with the aid of the Entente, having had the strength
to resist the Bolshevik troops, Poland is now in a state of permanent
anarchy; consumes and does not produce; pays debts with a fantastic
bigness and does not know how to regulate the incomings. No country
in the world has ever more abused paper currency; her paper money is
probably the most greatly depreciated of any country on earth. She
has not succeeded in organizing her own production, and now tends to
dissolve the production of her neighbours.


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