Gentzen's three consistency proofs for elementary number theory have a common aim that originates from Hilbert's Program, namely, the aim to justify the application of classical reasoning to quantified propositions in elementary number theory. In addition to this common aim, Gentzen gave a “finitist” interpretation to every number-theoretic proposition with his 1935 and 1936 consistency proofs. In the present paper, we investigate the relationship of this interpretation with intuitionism in terms of the debate between the Hilbert School and the Brouwer School over the significance of consistency proofs. First, we argue that the interpretation had the role of responding to a Brouwer-style objection against the significance of consistency proofs. Second, we propose a way of understanding Gentzen's response to this objection from an intuitionist perspective.