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The Economic Consequences of the Peace by John Maynard Keynes
page 62 of 243 (25%)
4,500,000 tons in 1919-1920 to 8,500,000 tons in each of the six years,
1923-1924 to 1928-1929;

(iv.) To Luxemburg, if required, a quantity of coal equal to the
pre-war annual consumption of German coal in Luxemburg.

This amounts in all to an annual average of about 25,000,000 tons.

* * * * *

These figures have to be examined in relation to Germany's probable
output. The maximum pre-war figure was reached in 1913 with a total of
191,500,000 tons. Of this, 19,000,000 tons were consumed at the mines,
and on balance (_i.e._ exports less imports) 33,500,000 tons were
exported, leaving 139,000,000 tons for domestic consumption. It is
estimated that this total was employed as follows:--

Railways 18,000,000 tons.
Gas, water, and electricity 12,500,000 "
Bunkers 6,500,000 "
House-fuel, small industry
and agriculture 24,000,000 "
Industry 78,000,000 "
-----------
139,000,000 "

The diminution of production due to loss of territory is:--

Alsace-Lorraine 3,800,000 tons.
Saar Basin 13,200,000 "
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