To many of its NATO partners, brawny young West Germany is a source of acute irritation. It has been slow to make its full contribution to Western defense. Its energetic industry is the despair of its European competitors. And like a poker game at 3 a.m., inter-European trade is getting out of hand because Germans are cornering all the money. But wait until the Germans have to burden themselves with rearming, as we do, said their competitors hopefully, and floods of Volkswagens will no longer swamp world markets.
Instead, West Germany's pfennig-pinching Finance Minister Fritz Schaffer came up last week...
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