Word: benelux
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Died. Edmond Joseph Eugène Marie Jaspar, 49, Dutch-born lawyer, businessman, secretary-general of the Benelux Customs and Economic Union since its founding in 1946; of a heart attack; in Brussels...
...hard work, about all that is left of the great postwar dream of European unity is a diminishing gleam in the eyes of thousands of "good Europeans" and one big tangible fact: the Schuman Coal-Steel Community, which pools the coal and steel of France, Germany, Italy and the Benelux nations. Last week the Council of Ministers of the Community met in the Sicilian city of Messina...
...Slow. With Mayer safely elected, the council heard a plea by The Netherlands' Foreign Minister Johan Beyen for a dramatic Monnet-style increase in the Community's powers. Backed by the Benelux nations, the Dutchman proposed 1) a common market for all European products, 2) the integration of European highways and railroads, 3) a European pool for the development of atomic power. But the French wanted to go slow, and the Germans, who used to be ardently supranational when they had no sovereignty to lose, no longer seemed keen to surrender any of their national independence...
...perils of the "dollar gap." This year there has been marked improvement. Europe is back on its feet (TIME, Nov. 29), and eleven of its trading nations, accounting for three-quarters of its imports from North America, are quietly dismantling their restrictions on free trade. In some cases (e.g., Benelux) controls have been removed on almost 90% of all dollar imports. The vast sterling area, which accounts for 40% of all world trade, is slowly and cautiously approaching the day when the pound (and with it, most other currencies) will be declared freely convertible into dollars...
...many a "good European" mourns a lost ideal. Germany's Konrad Adenauer, fearing what he calls "the reviving game of European national states," has felt compelled to go along. But to the Benelux foreign ministers he said privately: "I am 100% convinced that the German national army that Mendès-France forces upon us will become a big danger for Germany and for Europe . . . My God, I don't know what my successors will do if they are left to themselves, if they are not bound to Europe...