The Search For European Stability, 1917-1929
The Search For European Stability, 1917-1929
stability, 1917-1929
WWI: Killing Machine, 52 months
• 1915 – Bulgaria and Ottoman Empire joined war on the side of the
Central Powers
• The Entente assembled a global coalition of 22 states including Japan
and America
• But Britain and France stuck at the Ottomans at Gallipoli and in the
Middle East
• WWI – 20th century Total war
• No decisive victory
• Triple Stalemate: diplomatically, militarily and nationally
• No decisive victory
• The only way –the war could have come to an end was by the domestic
collapse of one of them
• Governments borrowed loans
• Postponed their bankruptcies
• 1917= civilian governments were succeeded by politicians and generals who
promised a decisive outcome at any price
• 52 months
• Horrific loss of life and wealth
• Struggle accelerated Europe’s decline in world affairs
Turning point: 1917
1) French armies mutinied
2) The Tsarist regime fell apart
1917 war exhausted Russia
3) Bolshevik take over knocked Russia out of war
Italy & Austria – Hungary were on the brink of bankruptcy
4) US rescued Entente from bankruptcy
US needed to balance German ambitions
Old vs. New Diplomacy
• The outbreak of war discredited ’the OLD’ diplomatic instruments of
international affairs
• Military alliances
• Secret treaties
• Balance of power politics
• Old Diplomacy
• The practice of autocrats and exclusive ruling elites who suppressed their own
peoples as well as minorities in their societies
• When the Europeans fail to bring the war to a decisive end «NEW
DIPLOMACY» found millions of supporters in 1917
The voices of change came from US &
RUSSIA
• Vladimir Ilyich Lenin
• Leader of Bolsheviks
• Acc. to him: Wars took place
because of secret treaties, dirty
alliances
• These had to change
• He called for a revolutionary
solution to international anarchy
• Woodrow Wilson
• President of US
• inter-state competition had fatal/devastating
impact on the system
• This had to change
League of Nations
Treaty of Versailles
• The Council of Four (US, Britain, France
and Italy) dominated the Conference
• They made the key decisions about the
peace treaty with Germany
• Versailles Treaty, 1919
• The other peace treaties followed Versailles
• Paris Peace fell short of the just
settlement promised by Wilson
• The Big Three missed an opportunity to
create a new and legitimate order
• Because European allies
• Pursued narrow selfish interests
• Were not able to control the developments in
CEE
• Were not powerful enough
• Wilson = a new international organization
• A league to enforce peace through the exercise of world opinion
• He made the foundation of the League of Nations his top priority
• Many agreed with him = if there was a permanent machinery for «crisis
management» and arbitration, then WWI might have been prevented
• French= wanted their Society of Nations
• Would have its troops to exercise war time alliance against Germany
• British= were annoyed increasing American influence in international
affairs
• «freedom of the seas»
The League of Nations
• He was revisionist
• But he called for a Peace
• He accepted Western borders at Versailles
• He did not accept eastern frontiers = meant that Germany would have its
revision
• but still made conventions with eastern neighbors, Czechoslovakia, Poland,
• He accepted war reparations plan because it broke Germany’s isolation
• Set the stage for an economic recovery that would elevate Germany once
again to a Great Power
• Germany joined the League of Nations, 1926
• 1928 // The Kellogg-Briand Pact
• International Treaty for the Renunciation of war as an Instrument of
National Policy
• Expressed an aspiration, not a reality
After Locarno (1925-1929)
• A stable but a fragile international structure took shape in Europe
• American loans helped European recovery
• Currencies stabilized // talks for lower trade barriers were held
• But Europe was still vulnerable to fluctations in food prices and
competition
• Economies were hit by 1929 crisis
• What do we know about it?
• There was no break with «old diplomacy»
• League of Nations regulated small states
• Great Powers returned to League when it suited them
• Despite the limited Powers of the League a political equilibrium was emerging
• This was wrecked by 1929 economic crisis
• Crisis in capitalism deepened all political crises in Europe
• Governments turned to protectionism
• Closed their economies as much as possible
• Right-wing, nationalist, revisionist, anti-minority fascist political parties were gathering power
• Germans were impatient with slow pace of revision // right-wing agitation // Nazi Party was
legitimized