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Nitti, Francesco Saverio, 1868-1953

"Peaceless Europe"


Just a year afterwards, January 8, 1918, Wilson, when formulating his
fourteen points, had included in the eleventh proposition the duty
of evacuating the territories of Rumania, Serbia and Montenegro, and
restoring them. The exact reason for which it was established that
Montenegro should be absorbed (even without plebiscite) by the S.H.S.
State, thus offending also Italy's sentiments, will remain one of the
most melancholy pages of the New Holy Alliance that the Entente has
become, along with that poor prestigeless organism, the League of
Nations. But let us hope this latter will find a means of renovating
itself.
While France was ruining the German people's sources of life, the
peoples who had fought most ferociously against Italy became, through
the War, friendly nations, and every aspiration of Italy appeared
directed to lessen the prestige of the new friends and allies.
The territories annexed to Italy have a small economic value.
For more than thirty years Italy had sold a large part of her richest
agricultural produce to Germany and had imported a considerable share
of her raw materials from Russia.


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