having, however, to confront the undisguised isolation of Greece
from her Allies, who now had a pretext for disapproval, the reinstatement of Constantine.
London circles increasingly opposed the pro-Greek policy
of Lloyd George. France revised its eastern policy. Italy undiguisedly expressed
its established opposition to Greek expansion, whereas the United States withdrew
its policy of isolationism.
Lastly, the opening of the Kemalist bloc to economic agreements less onerous than the
capitulations left a margin for an understanding between Western Europe
and Kemalist Turkey. The Soviet Union favoured Kemalist Turkey as a means
of checking British influence and proceeded to agreements with Kemal, a fact that
alarmed the Western Powers making them more and more conciliatory towards the new Turkish
The first indication of the European change of attitude was the interruption of financial aid to Greece.
The attempts of the post-November governments to contract loans, like those contracted
or agreed upon with the Venizelist government, failed.
In February 1921 an Allied Conference was convened in London.
Greece found out that its Allies had changed course over the Asia Minor issue.
Its attempt to submit a common allied plan that would ensure the Greek rule in the adjudged
areas came up against the intransigent opposition of the Turkish nationalists, who demanded
the departure of the Greek troops from Asia Minor and eastern Thrace and the raising
of the financial terms of the Treaty of Sevres, to consent to the inauguration
of substantial negotiations. The Conference, however, revealed the dissension existing among the
Allied powers. Great Britain upheld the maintenance of the framework of the Treaty of Sevres in general,
whereas France and Italy were by now determined on achieving agreements with Kemal in order to resist the Allies' representations.