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The Nation and Athenaeum.
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KEYNES, John Maynard.

The Nation and Athenaeum.

Published: London: The Nation and Athenaeum, 1922–6

Stock code: 96404

Price: £3,750

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An important run of The Nation and Athanaeum from the period of Keynes’s most intense involvement. It includes 56 articles, 10 letters, 4 book reviews and one obituary written by him. “By 1923 Keynes had acquired a journalistic platform from which to mount his assault on the policy of deflation. In March of that year he became chairman of the board of directors of the Liberal journal, the Nation and Athanaeum, with Hubert Henderson as editor. The Nation, started in 1907 with Rowntree money, had been the bastion of the high-minded Liberalism which had flourished in Oxford and Hampstead before the war. Its galaxy of intellectuals… [attempted] to update, not so much Liberal policy, as Liberal philosophy, which they tried to shift from belief in individual freedom and unfettered property rights towards concepts of ‘positive’ freedom and social justice. Keynes had no connection with this pre-war endeavour. He regarded ‘New’ Liberalism as a typical example of Oxford Idealist muddle. His own post-war efforts to update Liberalism stemmed from a different background, and a different intellectual style… during the period of his maximum involvement – from 1923 to 1925 – he was a man with a message: to stop the return to the gold standard and to get a sane settlement of reparations. He was a preacher who needed a pulpit. He had no less than four pieces in the first issue under the new management. Over the whole period of the Nation’s life – from May 1923 to February 1931 – 155 items by him are listed in the Collected Writings. Very broadly, these include fifty articles on domestic policy, forty on debts and reparations, five book reviews, twelve anonymous contributions and fourteen letters. In 1923 he contributed regular features – ‘Finance and Investment’ (fourteen), ‘Life and Politics’ (six) and ‘Events of the Week’ (six) under his own name. Most of this output appeared in the Nation’s first two years. After 1925, his attention shifted to the theory of stabilisation policy, and the volume of his contributions declined” (Robert Skidelsky, John Maynard Keynes: Volume Two, The Economist as Saviour 1920-1937, 1992, 134-139). The articles contributed by Keynes are: The Nation Vol. 33 -British Policy in Europe, pp. 148-50, D29 -Finance and Investment, p. 176, D94.1 -The German Offer and the French Reply, pp.188-9, D112 -Finance and Investment II, p.210, D94.2 -Finance and Investment III, p.252, D94.3 -The International Loan, pp.264-6, D136 -Finance and Investment IV, p.286, D94.4 -Finance and Investment V, p.318, D94.5 -Finance and Investment VI, p.350, D94.6 -Finance and Investment VII, p.378, D94.7 -Finance and Investment VIII, p.470, D94.8 -Finance and Investment IX, p.502, D94.9 -Mr Baldwin’s Prelude, pp. 511-2, D160 -Finance and Investment X, p.530, D94.10 -Is a Settlement of Reparations Possible?, pp. 538-9, D138 -Finance and Investment XI, p.558, D94.11 -The American Debt, pp. 566-7, D6 -Currency Policy and Unemployment, pp. 611-2, D58 -The Legality of the Ruhr Occupation, p.631, D146 -Letters to the Editor, “The American Debt”, p.637, G21.1 -Letters to the Editor, “The Legality of the Ruhr Occupation”, pp.658-9, G21.2 The Nation Vol. 34 -Population and Unemployment, pp. 9-11, D199 -Lord Grey’s Letter to the “Times”, p.43, D153 -How Much has Germany Paid?, pp. 146-8, D129 -Free Trade, pp. 302-3, D102.1 -Free Trade II, pp. 335-7, D102.2 -Gold in 1923, pp. 623-4, D117 -The Prospect of Gold, pp.692-3, D220 -The Speeches of the Bank Chairmen, pp. 724-5, D225 -The Franc, pp.823-4, D99 The Nation Vol. 35 -A Drastic Remedy for Unemployment, pp. 311-2, D76 -Letters to the Editor, “Public and Private Enterprise”, pp.374-5, G21.3 -Letters to the Editor, “The Monetary Stock of Gold”, written as Siela, pp.374-5, G21.4 -Letters to the Editor, “The Reparation Recovery Act”, p. 743, G21.5 -Letters to the Editor, “The Emoluments of Premiership”, written as Siela, p.712, G21.6 The Nation Vol. 36 -The Dawes Scheme and the German Loan, pp. 7-9, D60 -The Balance of Political Power at the Elections, pp.207-8, D17 -Edwin Montagu, pp. 322-3, H24 -The Inter-Allied Debts, pp.516-7, D135 -Some Tests for Loans to Foreign and Colonial Governments, pp.564-5, D253 -The Balfour Note and Inter-Allied Debts, pp. 575-6, D18 -The Return Towards Gold, pp.707-9, D255.2 -The Bank Rate, pp.790-2, D20 -The Problem of the Gold Standard, pp.866-70, D207 The Nation Vol. 37 -Is Sterling Overvalued? I, pp.28-30, D139.1 -Is Sterling Overvalued? II, p. 86, D139.2 -The Gold Standard, pp.129-30, D119 -The Arithmetic of the Sterling Exchange, p.338, D9 -Am I a Liberal? I, pp.563-4, D4 -Am I a Liberal? II, p587-8, D4 -Letters to the Editor, “Freudian Psycho-Analysis”, written as Siela, pp.643-4, G21.7 The Nation Vol. 38 -Soviet Russia I, pp. 39-40, D254 -Soviet Russia II, pp.107-8, D254 -Soviet Russia III, pp. 139-40, D254 -The French Franc, pp.515-7, D103 -The French Franc – A Reply, pp. 544-5, D104 -Review, “The Rise and Progress of Assyriologi”, p.564, E83 -Some Facts and Last Reflections About the Franc, pp. 603-4, D251 -Germany’s Coming Problem, pp.635-6, D115 -Liberalism and Labour, pp.707-8, D148 -Trotsky on England, pp.884-5, E82 The Nation Vol. 39 -Coal: A Suggestion, pp.91-2, D41 -Review, “The Stock Exchange Official Intelligence 1926”, p.214, E79 -The Control of Raw Materials by Governments, 267-9, D51 -Letters to the Editor, “Lord Oxford and Mr Lloyd George”, pp.316-7, G21.8 -The First-Fruits of the Gold Standard, pp.344-5, D96 -Letters to the Editor, “Mr Runciman’s Letter”, p.380, G21.9 -Letters to the Editor, “Whigs and Radicals”, pp.381, G21.10 -Mr Baldwin’s Qualms, pp.406-7, D161 -The Franc Once More, pp.435-6, D100 -The Progress of the Dawes Scheme, pp.664-5, D214

8 volumes, folio. Contemporary dark grey library buckram lettered in gilt. Boards of one volume dampstained and some pale dampstaining of book block, a few tears to title pages repaired, general signs of handling as expected with a former public library set. Issue 6 from May 1925 missing. In general a good sound set.

Bibliography: Moggridge sections D (Articles), E (reviews), G (Letters) and H (Obituaries).

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