Word: commoner
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Dates: during 1950-1959
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Most hopeful of all, public enthusiasm for the Common Market far outstrips that of officialdom. Since last January at least 15 specialized magazines and reviews devoted to the Common Market have sprung up; so has UNICE, a Common Marketwide counterpart of the U.S.'s National Association of Manufacturers. And throughout the Six, industrial amalgamations and alliances are being negotiated at a dizzying rate. Italy's Alfa Romeo has signed car-marketing agreements with France's Renault and Germany's N.S.U. Daimler-Benz (Mercedes) is negotiating with Peugeot, and France's Conord (household appliances) has already...
...fact, De Gaulle has forced a change in the philosophy of the Common Market: he is adamantly opposed to giving supranational power to any European organization, economic or political. But his government has scrupulously carried out all its Common Market Treaty obligations, and his ministers insist that they are not "anti-European," but in favor of something called "cooperative unity" the hammering out of common European policies in negotiations between fully sovereign governments...
...cooperative unity shows no sign of holding back either the Common Market or its sister organization, Euratom. Last week Euratom formally indicated its intention to build six nuclear reactors designed to provide the Six with 1,000,000 additional kilowatts of electricity by 1963. And in the spanking new Common Market headquarters on Brussels' aptly named Avenue de la Joyeuse Entree, Walter Hallstein, the German law professor who presides over the Common Market executive, could point to solid progress. Already the Common Market's European Investment Bank (capital: $1 billion) had made its first loans. Others of Hallstein...
Capturing the Conservatives. What now makes the Common Market more appealing to some Britons-its present lack of supranational goals-should presumably make it unattractive to those who dreamed of a united Europe. In fact, most of them are thoroughly content with cooperative unity. Says Walter Hallstein: ."Perhaps it's common sense to do it this way because we are dealing with conservative forces." And by capturing the conservatives, advocates of European unity have destroyed the most effective argument against them-the charge that a man cannot be a good European and a French or German patriot...
CORPORATE PENSION FUNDS rose $2.8 billion last year to record $22.1 billion. Companies added $1.2 billion in common stocks to portfolios, raised amount of funds in common stocks...