Word: commonwealths
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Haughty Dismissal. On technical grounds, De Gaulle objected to Britain's imports of cheap foodstuff from the Commonwealth nations, to its restrictions on the export of capital, and to the role of the pound as a reserve currency. Adopting the rules of the Common Market, particularly the agricultural rules, could ruin Britain economically, said De Gaulle. He further objected to tying the fluctuating pound to the now solid currencies of the Common Market members. He insisted that the Market partners would invariably be caught up in the pound's fluctuations and haughtily dismissed as jeux d'esprit...
...Macao to local Maoists. The British decided to be tough. Hong Kong's 10,000 well-disciplined police kept the mass of the rioters confined to two areas in Kowloon, arrested more than 400. Whitehall refused to dignify the Red Chinese demands with an answer. Instead, the British Commonwealth Office pledged that law and order would be maintained in the colony. Faced with this determination, Peking seemed to back off a bit. At week's end, though, mobs took to the streets again, roughing up newsmen, shouting Maoisms in front of the U.S. consulate, and painting pro-Communist...
...pesticides-are based on their American selling price, which results in tariffs as high as 172%. If Congress does so, the Common Market and Austria agreed to trim the carefully contrived taxes which help to keep large-horsepower U.S. autos out of Europe, and Britain promised to ease its Commonwealth preference on tobacco imports...
...five-year rule is the last area of the Commonwealth's official influence in Harvard affairs...
Britain wanted, he said, swift negotiations relating only to "the small number of really important issues," such as the special problems of New Zealand trade, Commonwealth sugar and British capital movements. Of the Common Market's common agricultural policy, which, if applied in Britain, could raise food prices as much as 10%, Wilson quietly acknowledged: "We must come to terms with it." Above all, Wilson showed a determination that reflected support from both parties, from British business and from most of the country* - the kind of national approval that was lacking four years ago, in large part because...