The other League of Nations members were reasonable as well. If Spain alone, as a super Great Power, gave up its share of the interest-free loans, then even if the other League members received more, it would not amount to much.
After all, most of those shares were destined to be carved up by Britain and France. Add Italy, which stood below Britain and France, and there would not necessarily be much left for the other countries.
But if Britain, France, and Spain, the three super Great Powers, all gave up their shares of the interest-free loans, then even with Italy still hanging over their heads, the other countries could not possibly have much snatched away from them.
After all, whether in terms of influence or speaking power within the League of Nations, Italy was far inferior to those three super Great Powers.
The other League members did not dare compete with the three super Great Powers for shares, but if it was Italy, they still dared to fight for a piece.
For that very reason, when the Spanish Diplomatic Representative proposed that Britain and France also abandon their fight for the interest-free loans and hand all the loans provided by the United States to the small countries in need, the eyes of the other nations' representatives instantly changed. They seemed to be weighing the pros and cons.
The representatives of Britain and France had finally tasted the bitterness of lifting a rock only to drop it on their own feet. If they rejected the Spanish Diplomatic Representative's proposal now, it would prove that they were applying double standards and targeting Spain outright.
But if they agreed to the proposal, Britain and France would each be giving up at least tens of millions of pounds in interest-free loan shares. That