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World History

In: Historical Events

Submitted By DOTHULINH
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J.M. Keynes:
- In “The economic consequences of the peace”, he argued that the treaty ignores the economic solidarity of Europe and by aiming at the destruction of the economic life of Germany it threatens the health and prosperity of the Allies themselves.
- He argues that the real problem of the settlement lay not in the issues of boundaries but rather in the questions of food, coal and commerce
- His predictions were right when Germany was to face hyperinflation (a rise in price that became totally out of control)
- War-guilt cause
The German Problem: * Refers to the concern of other European powers regarding the huge potential that Germany had to dominate Europe. Given its geographical position and its economic and military potential, it was in a position to upset the balance of power and threaten other countries.
Historian W.H.Dawson: Germany under the Treaty Germany’s border is bleeding
Alternative view of the Treaty * Compared to the treaties that Germany had imposed on Russia and Romania earlier in 1918, the Treaty of Versailles was quite moderate. * Niall Ferguson: the treaty was relatively lenient * The treaty of Versailles was quite moderate and lenient * The treaty in fact left Germany in a relatively strong position in the center of Europe Germany power and expansion * The huge reparations bill was not responsible for the economic crisis that Germany faced in the early 1920s *
Treaty of St. Germain * Austria was nicknamed “the tadpole state” * Austria lost Bohemia and Moravia to Czechosloakia * Austria lost Dalmatia, Bosnia and Herzegovina to Yugoslavia * Poland gained Galicia * Italy received the South Tyrol, Trentino and Istria * Anschluss was forbidden and Austrian armed forces were reduced to 30,000 men
Treaty of Trianon: * Hungary lost 75 percent of its prewar territory and 66...

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