Whether they dreamed of it or dreaded it, the statesmen of Western Europe had all come to accept the fact that a new era will dawn on New Year's Day 1959, when the long-planned European Common Market finally begins to forge France, West Germany, Italy and the Benelux nations into a single economic unit. Last week, in dramatic preparation for the new era, ten European nations carried out at one fell swoop the most far-reaching international currency reform since World War II.
Immediate cause of this coordinated shake-up was a portentous rumor that began to buzz through Europe's chancelleries as...
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