Common Market: Financing the Farmers

Perhaps the most persistent problem confronting Common Market negotiations has been how to collect and pay out huge sums for farm subsidies among the Market's six nations as they unify their agricultural systems with common prices behind a common tariff. Indus trial West Germany was, for obvious reasons, reluctant to agree on high farm subsidies. And farm-rich France was not about to agree to anything that might deprive the French farmer of so much as a sou.

There the deadlock stood — until last week, when Common Market ministers meeting in Brussels finally agreed on a plan that will go into...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!