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from Part I - Reactions to ‘The Economic Consequences of the Peace’ (1919–1924)
Published online by Cambridge University Press: 05 November 2012
Shortly after Keynes's reassessment appeared in Everybody's Magazine, the weekly Saturday Evening Post published two articles (18 and 25 September 1920) discussing the European and American reactions to his arguments. These articles were written by Alonzo E. Taylor, an American expert on the food and economic situation, and are remarkable in that they state calmly and quietly the attitudes that French and American critics expressed with considerable heat. Taylor, who had met Keynes in Paris, sent him a copy of the articles, as did Paul Cravath. Cravath summarised them (30 September 1920):
Dr Taylor thinks the effect of your book in this country was considerably weakened by its failure to recommend the return by the British to the Germans of some of their much needed ships, or other measures that would involve economic concessions on the part of Great Britain. His feeling is that your remedies appear to fall too heavily on France, and too heavily on the United States.
Taylor's attitude puzzled Keynes. ‘I met Taylor several times’, he wrote to Cravath (18 October 1920), ‘and much liked him, which has stimulated me into writing a reply to him, of which I enclose a copy for your private information. Why is his attitude so enigmatic, and why is he so anxious to bring in anti-British digs?’
To ALONZO E. TAYLOR, 20 October 1920
Private
Dear Dr Taylor,
I have read with deep interest your illuminating review of my book, a copy of which you have been good enough to send me.
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