Word: europeanization
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Dates: during 1940-1949
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...London Bureau Chief John Osborne: "Perhaps Bevin's words seemed flat to his British hearers because so much of his history had already been made. Part of the profound change that has overtaken Britons in the last year has been the growing awareness that they are Europeans, no longer islanded in glorious and superior detachment. Recognition of Russia as Britain's enemy and European Communism as the enemy's instrument has proceeded apace for many months; the process is now well nigh complete...
...whole thing had served to dash into British and French faces the fact that western European union (see above) had historic economic obstacles. In Washington, the International Monetary Fund (which must approve major currency devaluations) officially disapproved of the French action after an eight-day debate. "Sometimes," said wizened Camille Gutt of Belgium, Fund Managing Director, "we stayed up all night. Sometimes we didn't eat. It was not pleasant...
Since 1869, when President Eliot had been appointed, the life of the undergraduate had already been changed greatly. Eliot been impressed by the academic freedom allowed the students in European universities, and now he was utilizing Harvard to pioneer in American education...
Among the pictures that will be on display are a number of modern French drawings, including works by Picasso and Matisse, but artists from seven other European countries and the United States will be represented in the entire group...
...governmental currency manipulations. Despite the objections of both the Fund and London's Chancellor of the Exchequer, Sir Stafford Cripps, Premier Schuman's government decided that this hand had to be played alone if necessary because of the fall in exports. The squabble will not help ideas of West European unity along in the face of the worst economic crisis since 1932. But the worst blow will be dealt to the hope that the bank would replace the economic law of the jungle with international cooperation...