Impact On American Participation in The League of Nations
As well as being highly successful in commercial terms in the US, the book proved to be highly influential. The book was released just before the US Senate considered the Treaty of Versailles and confirmed the beliefs of the "irreconcilables" that American participation in the League of Nations was not wise. As well, the book also heightened the doubts of the "reservationists" led by Henry Cabot Lodge over the terms of the treaty and created doubts in the minds of Wilson's supporters. Lodge, the Republican Senate Leader, shared Keynes' concerns about the severity of the Treaty on Germany and believed that it would have to be renegotiated in the future. The Economic Consequences of the Peace played a critical role in turning American public opinion against the Treaty of Versailles and the League of Nations although it was Wilson's poor management of the issue due to a number of strokes that would eventually ensure that America would not participate in the League of Nations.
Read more about this topic: The Economic Consequences Of The Peace
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