Word: europeanization
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
William S. Honneus, advertising manager of TIME International, returned recently from an extensive business trip to Western Europe with a dossier full of firsthand observations of the European scene. The following excerpts from his personal account may serve to add another viewpoint to the excellent reports of the trained correspondents of the U.S. press abroad...
There was some resentment among some Europeans because the U.S. had been called on to intervene. But "Robert Marjolin, secretary general of the OEEC (Organization for European Economic Cooperation), happily burbled: "No one can underestimate the magnitude of this accord...
...question had been the share of Bizonia (the merged U.S. and British zones of Germany). The first figure arrived at by OEEC was $364 million, less $90 million in export contributions to Europe, leaving a net of $274 million. General Lucius Clay, who considers Western Germany all-important to European recovery, angrily decided that the figure was too low, that Bizonia was being treated as OEEC's ugly duckling. Lawrence Wilkinson, Clay's man in Paris, flatly refused to ratify the draft agreement...
Though IAPI (pronounced "yappy") is the world's biggest state trading agency outside Russia, the report was less than a page long. It was unsigned, apparently unaudited. There was no statement of goods on hand. Though European soft-currency countries owe IAPI $732 million for food and other products bought on tick, the only reference to this was a $52 million item called "operations with foreign governments." Finally, without offering any proof, IAPI claimed a thumping 1947 profit of $259 million. "It makes no sense to me," said one Buenos Aires bank manager last week. "It looks...
...Liffran is titular boss, has the help of a potent cross-section of French big business (steel, oils, insurance, cognac and utilities are represented on Pathé's present board). By diligent squeezing Pathé last year made a profit of $151,200 from films and its 35 European theaters...