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Nitti, Francesco Saverio, 1868-1953

"Peaceless Europe"

After the first moments of
uncertainty Great Britain has insisted on temperate measures, and
notwithstanding that during the War she made the largest loans to the
Russian Government (more than 14 milliards of francs at par, while
France only lent about 4 milliards), she has never put forward the
idea that, as a condition precedent to the recognition of the Soviet
Government, a guarantee of the repayment of the debt was necessary.
Only France has had this mistaken idea, which she has forced to the
point of asking for the sequestration of all gold sent abroad by the
Soviet Government for the purchase of goods.
Wilson had already stated in his fourteen points what the attitude of
the Entente towards Russia ought to be, but the attitudes actually
assumed have been of quite a different order.
The barrier which Poland wants to construct between Germany and Russia
is an absurdity which must be swept away at once. Having taken away
Germany's colonies and her capacities for expansion abroad, we must
now direct her towards Russia where alone she can find the outlet
necessary for her enormous population and the debt she has to carry.


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