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The economic consequences of the peace / by John Maynard Keynes
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IV

THE TREATY

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figure was reached in 1913 with a total of 191,500,000tons. Of this, 19,000,000 tons were consumed at themines, and on balance (i.e. exports less imports)33,500,000 tons were exported, leaving 139,000,000tons for domestic consumption. It is estimated thatthis total was employed as follows :

Kailways . . . 18,000,000 tons.

Gas, water, and electricity . 12,500,000Bunkers . . . 6,500,000House-fuel, small industry

and agriculture . . 24,000,000

Industry .... 78,000,000

139,000,000

The diminution of production due to loss of terri-tory is :

Alsace-Lorraine . . 3,800,000 tons.Saar Basin . . . 13,200,000Upper Silesia . . . 43,800,000

60,800,000

There would remain, therefore, on the basis of the1913 output, 130,700,000 tons, or, deducting con-sumption at the mines themselves, (say) 118,000,000tons. For some years there must be sent out ofthis supply upwards of 20,000,000 tons to France as compensation for damage done to French mines,and 25,000,000 tons to France, Belgium, Italy , and

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