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This eBook from the Gutenberg Project consists of approximately 207 pages of information about The Economic Consequences of the Peace.

I see few signs of sudden or dramatic developments anywhere.  Riots and revolutions there may be, but not such, at present, as to have fundamental significance.  Against political tyranny and injustice Revolution is a weapon.  But what counsels of hope can Revolution offer to sufferers from economic privation, which does not arise out of the injustices of distribution but is general?  The only safeguard against Revolution in Central Europe is indeed the fact that, even to the minds of men who are desperate, Revolution offers no prospect of improvement whatever.  There may, therefore, be ahead of us a long, silent process of semi-starvation, and of a gradual, steady lowering of the standards of life and comfort.  The bankruptcy and decay of Europe, if we allow it to proceed, will affect every one in the long-run, but perhaps not in a way that is striking or immediate.

This has one fortunate side.  We may still have time to reconsider our courses and to view the world with new eyes.  For the immediate future events are taking charge, and the near destiny of Europe is no longer in the hands of any man.  The events of the coming year will not be shaped by the deliberate acts of statesmen, but by the hidden currents, flowing continually beneath the surface of political history, of which no one can predict the outcome.  In one way only can we influence these hidden currents,—­by setting in motion those forces of instruction and imagination which change opinion.  The assertion of truth, the unveiling of illusion, the dissipation of hate, the enlargement and instruction of men’s hearts and minds, must be the means.

In this autumn of 1919, in which I write, we are at the dead season of our fortunes.  The reaction from the exertions, the fears, and the sufferings of the past five years is at its height.  Our power of feeling or caring beyond the immediate questions of our own material well-being is temporarily eclipsed.  The greatest events outside our own direct experience and the most dreadful anticipations cannot move us.

                In each human heart terror survives
    The ruin it has gorged:  the loftiest fear
    All that they would disdain to think were true: 
    Hypocrisy and custom make their minds
    The fanes of many a worship, now outworn. 
    They dare not devise good for man’s estate,
    And yet they know not that they do not dare. 
    The good want power but to weep barren tears. 
    The powerful goodness want:  worse need for them. 
    The wise want love; and those who love want wisdom;
    And all best things are thus confused to ill. 
    Many are strong and rich, and would be just,
    But live among their suffering fellow-men
    As if none felt:  they know not what they do.

We have been moved already beyond endurance, and need rest.  Never in the lifetime of men now living has the universal element in the soul of man burnt so dimly.

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