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Brooding over this unsettling report, British Chancellor of the Exchequer Derick Heathcoat Amory two weeks ago took advantage of a routine Paris meeting of the Organization for European Economic Cooperation to discuss some highly private business with West German Economics Minister Ludwig Erhard and French Finance Minister Antoine Pinay. The fruits of that chat were harvested late last week, when the British treasury laconically announced that it had decided to make the pound sterling "externally convertible...

Author: /time Magazine | Title: WESTERN EUROPE: Toward Freedom | 1/5/1959 | See Source »

...greyest months, broke out in loud tones. In Rome, officials of the U.N.'s Food and Agriculture Organization warned that the price bottom might drop out of Europe's agricultural market this fall, and in London Britain's cautious Chancellor of the Exchequer, Derick Heathcoat Amory, talked bluntly of "a possible recession in the fall...

Author: /time Magazine | Title: WESTERN EUROPE: Threat of Recession | 7/21/1958 | See Source »

Tall, earnest Derick Heathcoat Amory, 58, is regarded as a comer in British politics, partly because he is not too pushy about getting there. A quiet, unpretentious West Country bachelor squire who rode to hounds and managed the family textile business until World War II, he helped plan the costly Arnhem operation and, at 44, insisted on going along. Breaking a thigh in jumping, he was captured, went home on crutches from a German prison camp at war's end in time to run for Parliament. He felt a family obligation to run because a young, politically promising cousin...

Author: /time Magazine | Title: Foreign News: Reputation Day | 4/28/1958 | See Source »

Britain's womb-to-tomb National Health Service is in the red again. Last week Chancellor of the Exchequer Derick Heath-coat-Amory gave Commons the bad news: individual contributions will be upped, on July i, as much...

Author: /time Magazine | Title: Medicine: Ailing Health Plan | 3/3/1958 | See Source »

Second Choice. Macmillan's choice of stooped, spectacled Derick Heathcoat Amory as Thorneycroft's successor was well calculated to reassure the financial community if any man could. A shy, reticent Etonian who was wounded and captured while fighting with Britain's paratrooping Red Devils at Arnhem during World War II, Heathcoat Amory is a successful businessman who has helped make his family textile company one of Britain's most progressive. A staunch friend of the U.S. and an enthusiastic champion of the European free trade area, he has earned wide respect for his ability in administering...

Author: /time Magazine | Title: GREAT BRITAIN: One Percent Difference | 1/20/1958 | See Source »

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