Treaty of Versailles

The four peace treaties of Versailles, Saint Germain, Trianon, and Sèvres together form the most clumsy diplomatic settlement ever carried out. They will be remembered as outstanding examples of political failure.

Omnipotent Government, p. 211

The Treaty of Versailles was not unfair to Germany and it did not plunge the German people into misery.

Omnipotent Government, p. 211

It is a grotesque misrepresentation of the facts to assert that these payments made Germany poor and condemned the Germans to starvation. They would not have seriously affected the German standard of living even if the Germans had paid these sums out of their own pockets and not, as they did in fact, out of money borrowed from abroad.

Omnipotent Government, p. 214