The new Western Germany, which bears a heavy share of Europe's hopes, skimmed through an alarming crisis last week. The high commissioners of the three occupying powers (the U.S., Britain and France) got in a row over their first important decision. They patched it up by a crude compromise which embroiled them with the new German government of Konrad Adenauer. When Adenauer stood firm, the high commissioners partly backed down, and belatedly saved the situation.
The question was how West Germany should meet British devaluation; what mattered was the damage done in the...
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