Word: europeans
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Dates: during 1940-1949
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From ECA's very beginning this proposition had been recognized-in theory. But in its first year, ECA, faced with an emergency, tended to the opposite direction. ECA sometimes stimulated fast production in a way that worked against future European economic unity and overall efficiency. Example: before the war, The Netherlands made heavy purchases from Belgium's big railway equipment industry. Today, the Belgians do not want to trade with The Netherlands because the Dutch can pay them only guilders, not now convertible to dollars. Like everyone else in Europe, the Belgians want dollars...
...World claimed to know all this from certain Eastern European sources who had access to Moscow directives, but whose identity "it would be neither prudent nor proper to disclose...
...struggle to decide the economic shape of Europe is building up. One of the open ing skirmishes was fought last week when eight leading representatives of OEEC (Organization for European Economic Cooperation) met in Paris. The engagement was screened by a fog of long technical words and its result was inconclusive. When the meeting ended, however, the advantage lay with Britain's Sir Stafford Cripps. He had skillfully checked a drive by ECA and some continental nations to reduce currency exchange barriers between European nations...
Against that background the OEEC group met last week in Paris. Their assignment was to renew or to change the Intra-European Payments agreement, which runs out this month. Britain's objective was to make the new plan as much like the old as possible. Belgium's Paul-Henri Spaak and French Finance Minister Maurice Petsche were expected to carry the ball for the liberal Harriman position...
...Wilkinson ran the 100 meters in 10.5 at Paris in 1947," he reported, "and that was the fastest time made in the event by a European sprinter. If it had been 100 yards, his time would probably have been down around...