The Supreme Economic Council was established in February 1919 at the
Paris Peace Conference by the allied powers
Belgium
Belgium, officially the Kingdom of Belgium, is a country in Northwestern Europe. Situated in a coastal lowland region known as the Low Countries, it is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeas ...
,
France
France, officially the French Republic, is a country located primarily in Western Europe. Overseas France, Its overseas regions and territories include French Guiana in South America, Saint Pierre and Miquelon in the Atlantic Ocean#North Atlan ...
,
Italy
Italy, officially the Italian Republic, is a country in Southern Europe, Southern and Western Europe, Western Europe. It consists of Italian Peninsula, a peninsula that extends into the Mediterranean Sea, with the Alps on its northern land b ...
, the
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotlan ...
, and the
United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...
.
Background
The
Allied Maritime Transport Council The Allied Maritime Transport Council (AMTC) was an international agency created during World War I to coordinate shipping between the allied powers of France, Italy, Great Britain, and the United States. The council (based in London) was formed at ...
(AMTC) had been established in 1917 to co-ordinate the tight control of all shipping of the
Allies of World War I
The Allies or the Entente (, ) was an international military coalition of countries led by the French Republic, the United Kingdom, the Russian Empire, the United States, the Kingdom of Italy, and the Empire of Japan against the Central Powers ...
. Even prior to the
armistice of 11 November 1918
The Armistice of 11 November 1918 was the armistice signed in a railroad car, in the Compiègne Forest near the town of Compiègne, that ended fighting on land, at sea, and in the air in World War I between the Entente and their las ...
the AMTC had been making preparations for changes to introduce in the event of fighting ceasing. In particular they had sent a proposal that German and Austrian ships should be placed under their control as part of the armistice agreement – however they did not succeed in this. By 13 November, two days after the armistice, the British government proposed to their counterparts in
France
France, officially the French Republic, is a country located primarily in Western Europe. Overseas France, Its overseas regions and territories include French Guiana in South America, Saint Pierre and Miquelon in the Atlantic Ocean#North Atlan ...
,
Italy
Italy, officially the Italian Republic, is a country in Southern Europe, Southern and Western Europe, Western Europe. It consists of Italian Peninsula, a peninsula that extends into the Mediterranean Sea, with the Alps on its northern land b ...
and the
United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...
that the AMTC be transformed into a "General Economic Council". However the American government wanted the previous organisation to be discontinued, with a new organisation being set up to deal with such economic problems as arose. After discussion amongst the parties involved an agreement to set up the Allied Supreme Council of Supply and Relief was reached on 12 December 1918, with the organisation holding its first meeting on 11 January 1919, a week before the actual Paris Peace Conference opened.
Establishment
By the beginning of February 1919, the Supreme Economic Council was created by merging the Allied Maritime Transport Council with the barely established Allied Supreme Council of Supply and Relief, the Inter-Allied Food Council, and the Superior Blockade Council.
Its role was to advise the conference on economic measures to be taken pending the negotiation of peace, but also more urgently to coordinate the distribution of resources and the access to raw material in the devastated European economy.
Specialized commissions were appointed to study particular problems: the organization of a
League of Nations
The League of Nations (LN or LoN; , SdN) was the first worldwide intergovernmental organisation whose principal mission was to maintain world peace. It was founded on 10 January 1920 by the Paris Peace Conference (1919–1920), Paris Peace ...
and the drafting of its Covenant; and the determination of responsibility for the war and guarantees. The Supreme Economic Council was soon undermined, however, by a growing division of views between France and Italy on one side, advocating a continuation of the wartime joint action, and the UK and U.S. on the other side, preferring a rapid return to market-oriented business as usual.
See also
*
Reparation Commission
*
Economic and Financial Organization of the League of Nations
The Economic and Financial Organization (EFO, ) was the largest of the technical arms of the League of Nations, and the world's first international organization dedicated to promoting economic and monetary co-operation. It took shape in the early ...
References
{{reflist
http://www.britannica.com/EBchecked/topic/574865/Supreme-Economic-Council
Paris Peace Conference (1919–1920)
Aftermath of World War I