[The Economic Consequences of the Peace by John Maynard Keynes]@TWC D-Link bookThe Economic Consequences of the Peace CHAPTER V 8/118
Claims in respect of levies, fines, requisitions, and so forth might possibly amount to a further $500,000,000.
If the sums advanced to Belgium by her allies for the general costs of the war are to be included, a sum of about $1,250,000,000 has to be added (which includes the cost of relief), bringing the total to $2,500,000,000. The destruction in France was on an altogether more significant scale, not only as regards the length of the battle line, but also on account of the immensely deeper area of country over which the battle swayed from time to time.
It is a popular delusion to think of Belgium as the principal victim of the war; it will turn out, I believe, that taking account of casualties, loss of property and burden of future debt, Belgium has made the least relative sacrifice of all the belligerents except the United States.
Of the Allies, Serbia's sufferings and loss have been proportionately the greatest, and after Serbia, France.
France in all essentials was just as much the victim of German ambition as was Belgium, and France's entry into the war was just as unavoidable. France, in my judgment, in spite of her policy at the Peace Conference, a policy largely traceable to her sufferings, has the greatest claims on our generosity. The special position occupied by Belgium in the popular mind is due, of course, to the fact that in 1914 her sacrifice was by far the greatest of any of the Allies.
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