ensure strategically safe frontiers. But, with the exception of the
necessity for self-defence, there is nothing to justify what has been
done to the detriment of Germany.

Wilson had only said that France should receive compensation for
the wrong suffered in 1871 and that Belgium should be evacuated and
reconstructed. What had been destroyed was to have been built up
again; but no one had ever thought during the War of handing over to
Belgium a part, however small, of German territory or of surrendering
predominantly and purely German territories to Poland.

The German colonies covered an area of nearly 3,000,000 square
kilometres; they had reached an admirable degree of development and
were managed with the greatest skill and ability. They represented an
enormous value; nevertheless they have been assigned to France, Great
Britain and in minor proportion to Japan, without figuring at all in
the reparations account.

It is calculated that as a result of the treaty, owing to the loss
of a considerable percentage of her agricultural area, Germany is
twenty-five per cent. the poorer in regard to the production of
cereals and potatoes and ten to twelve per cent. in regard to the
breeding of live stock.

The restitution of Alsace-Lorraine (the only formal claim advanced by
the Entente in its war programme) has deprived Germany of the bulk of
her iron-ore production. In 1913 Germany could count on 21,000,000
tons of iron from Lorraine, 7,000,000 from Luxemburg, 138,000 from
Upper Silesia and 7,344 from the rest of her territory. This means
that Germany is reduced to only 20.41 per cent. of her pre-war wealth