Word: europeanization
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Dates: during 1940-1949
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Last week Wayne Taylor handed out a few bruises on his own account, in a 227-page report of a joint EGA-Department of Commerce mission. After spending ten weeks in Europe, studying methods of increasing European exports to the U.S., Taylor's committee came to one hardheaded conclusion: the U.S. must increase its European imports by $2 billion a year or its own exports will wither away and European living conditions will :all to a dangerous level. Unless this is done, he said in effect, much of the good accomplished by EGA (expenditures more han $7 billion...
...billion in Government loans & grants to Europe and more than $10 billion in private gifts. These grants "have in effect been unconscious subsidies to American export industries" at the expense of American taxpayers. The subsidies could be eliminated, or at least cut, only by drastic changes in U.S. and European ways of doing business. Among its other proposals...
...tape should be cut from U.S. Customs regulations. One horrible example: An importer of women's coats could not get his goods through Customs because U.S. officials were unable to decide whether the import duty should be levied on the cloth or on the coat buttons. EUR) European countries must relax or abolish all import-export controls as quickly as possible and stop penalizing exporters, as Britain has, by putting an extra tax on export profits...
...European sellers must develop a more aggressive attitude toward the American market...
...real signiflence of the recent crisis is as evidence of the chronic weakness of French government, an ominous weakness in a country that is a key to Western European recovery. France is apparently incapable of a government with sufficient Assembly support and strong enough leadership to carry through a long range program. Typically, the regimes of the last twenty years have been weak coalitions of moderates, able to reach agreement on only a few immediate issues, and held together mostly by a common fear of extremists of the Right and Left...