ECONOMICS: Austerity v. Beneluxury

For many months OEEC (Organization for European Economic Cooperation) has struggled to find some basis for a "master plan" leading to economic integration of Europe. Under such a plan, imports, exports, currency exchange, allotment of manufactures, purchases of raw materials, etc.. would be geared together. But the conflict of economic philosophies and, especially, nationalism made any actual formulation of a plan seem remote. Last week, at a meeting near Paris of OEEC's eight-nation steering committee, the plan was abandoned.

Said OEEC's secretary general, Robert Marjolin of France: "It would be a...

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