Word: lisbon
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...divisions, the Lisbon meeting accepted the "Wise Men's" recommendation for a total NATO defense expenditure of $300 billion in the next three years. For the first time, the NATO nations adopted a unified economic program for sharing defense costs and spending the money in a coordinated...
...before Acheson spoke, Premier Edgar Faure's French government fell on the very issue of raising the tax revenue required by the Wise Men (see FOREIGN NEWS). Here was a solid warning of how fragile the whole Lisbon web might be. Embarrassed, Acheson merely noted that the French cabinet crisis "illustrates the problems which will arise...
Arming Germany. "Second," said Acheson, "agreement was reached on the bases and facilities ... for these forces." A more specific interpretation: after more than a year of financial chaos and construction delays, the Lisbon conferees agreed on how to share the $400 million bill for building the air bases and supply lines that Eisenhower requires...
...Fifth," said Acheson, "NATO itself was reorganized and greatly strengthened." NATO wisely decided to establish a permanent headquarters and to increase Eisenhower's powers. Even after Lisbon, however, NATO politically remains a collection of somewhat dented sovereignties, rather than a fused phalanx of political will and action...
While NATO's diplomats were still congratulating themselves on the job done at Lisbon, the pivotal nation in West Europe's defense threw a disheartening-political tantrum. By a 16-vote margin, the French National Assembly overturned Premier Edgar Faure's 40-day-old cabinet...