ECONOMICS: Veni, Vidi, Period

Two weeks ago, ECAdministrator Paul Hoffman set out for Europe with the avowed intention of seeking some tangible progress on European integration which might impress the U.S. Congress. His program for the 18 Marshall Plan members included: 1) abolition of double pricing (one price for domestic consumption, another for exports); 2) a new monetary clearing plan to provide Western Europe with a common payments system; 3) appointment of an OEEC super-boss who could operate on the highest levels and get things done. His candidate for the job: Belgium's ex-Premier Paul-Henri Spaak. When the meeting in Paris' Chateau de la...

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