As things stand, the organism of the Reparations Commission,
established by Schedule 2 of Part VIII of the Treaty of Versailles,
is an absurd union of the conquerors (no longer allies, but reunited
solely in a kind of bankruptcy procedure), who interpret the treaty in
their own fashion, and can even modify the laws and regulations in
the conquered countries. The existence of such an institution among
civilized peoples ought to be an impossibility. Its powers must be
transferred to the League of Nations in such a manner as to provide
guarantees for the victors, but guarantees also for the conquered.
The suppression of the Reparations Commission becomes, therefore, a
fundamental necessity.
2.--THE REVISION OF THE TREATIES
When the public, and especially in the United States and Great
Britain, become convinced that the spirit of peace can only prevail by
means of an honest revision of the treaties the difficulties will be
easily eliminated. But one cannot merely speak of a simple revision;
it would be a cure worse than the evil.
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