Word: lennep
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...iron ore, copper, fibers, foodstuffs and other non-oil commodities contributed more than anything else to the devastating double-digit inflation of 1973-74. Commodity prices plummeted during the recent world recession, but now they are bouncing up again more rapidly than had been generally anticipated. Emile van Lennep, secretary-general of the Paris-based Organization for Economic Cooperation and Development, warns in cautious economist's jargon that "the surprisingly early recovery of some commodity prices could presage a new outbreak of speculative price rises and pose a serious threat to the sustainability of the present economic recovery...
...most nations except for the U.S. and, to a lesser extent, Japan. Economists generally do not expect any real upturn in European business until mid-1976-and they worry that even then the recovery may be so weak that, in the words of OECD Secretary-General Emile van Lennep, "it would not gather momentum and might peter out." One reason: the recession has pushed the volume of world trade 10% below the 1974 level, the first decline since World War II. The drop has a vicious-circle effect: as each country's economy sags, imports are reduced...
...Lennep Plan is similar to the Kissinger safety net, except that loans would be guaranteed by the 24-nation Organization for Economic Cooperation and Development, of which Emile van Lennep is secretary-general...
...Netherlands has two especially outstanding monetary experts: Nether lands Bank President Marius Holtrop, 62, a first-rate banker of conservative leanings who is now president of the Bank for International Settlements, and Treasurer General Emile van Lennep, 50, who heads both Working Party III and the Common Market Monetary-Committee. Says Van Lennep, a jonkheer whose title of nobility dates from the early 19th century: "With Working Party III, a new dimension has been added to international monetary discussions. Now we discuss the problems of countries with surpluses as well as those with deficits...
Other pieces in the magazine are by Elinor Hughes, who is Boston's own Hedda Hopper, Elliot Norton of Hearst's Daily Record, William Van-Lennep, Joel Henning, and the editors. The latter's attack on CRIMSON drama criticism fails to slay a dragon that is probably much easier prey than The Advocate, unaccountably, estimates. Apart from its misrepresentation and misquotation, the essay is inoffensive to the Plympton Street conscience. It is more offensive to the community conscience, however, for it warns people not to believe everything they read in the papers. Not even newspapermen ask readers to do that...