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...high-level approach" to the Common Market "to see whether the conditions exist-or do not exist-for fruitful negotiations." His first move, he said, would be to call a meeting of the leaders of the seven European Free Trade Association nations, some of which, like Denmark and Austria, are if anything more anxious than Britain to link up with the Six. After that, Wilson plans to pay personal visits to all of the capitals of the Six to press Britain's case. He did not add, because he did not need to, that it is only the visit...

Author: /time Magazine | Title: Great Britain: Testing the Market | 11/18/1966 | See Source »

...society has ever solved the problem of waste-as archaeologists from Iraq to Denmark can testify, as they rummage through ziggurats and kitchen middens. The crucial thing is to keep alive a sense of freedom, possibility and enterprise-and in that sense the U.S. is the least-wasteful society in history. Essentially, nothing is wasted that helps fulfill a legitimate purpose. With their wild-wheeling economy, a phenomenon so extraordinary that they cannot quite believe it themselves, Americans can do anything they choose. All they have to do is make their choices...

Author: /time Magazine | Title: Essay: IN DEFENSE OF WASTE | 11/18/1966 | See Source »

...last eight years. For the future, Northrop has a contract, which eventually may be worth as much as $500 million, to build fuselages for the Boeing 747 jet. Moreover, foreign sales of the F-5 can only increase. With the expected orders from Belgium and Holland, Northrop hopes that Denmark, Austria and Switzerland will sign up too-just to keep up with the neighbors...

Author: /time Magazine | Title: Aviation: Riding the Little Tiger | 11/11/1966 | See Source »

...wages have been rising much faster in other major nations, notably those of Western Europe. Between the 1958 start of the Common Market and 1965, U.S. workers' pretax wages went up 14%. During that seven-year period, pretax wages jumped 25% in Italy, 29% in France, 40% in Denmark, 41% in The Netherlands, and 53% in West Germany...

Author: /time Magazine | Title: Western Europe: The Wages of Prosperity | 11/11/1966 | See Source »

London's dynastic Hambro family, the world's biggest merchant bankers, started their moneymaking art two centuries ago, when a Hambro sea captain got word that the Queen of Denmark had died in Paris; he promptly cornered the market for crape in Copenhagen. Britain's Baring banking clan made a great leap forward by arranging an $11,250,000 bond issue for Thomas Jefferson's Louisiana Purchase. The Rothschilds of Paris and London grew to prominence by smuggling millions in gold through Napoleon's line to Wellington's forces in Spain. Such...

Author: /time Magazine | Title: Books: Money Magicians | 10/28/1966 | See Source »

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