Word: marjolin
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Dates: during 1940-1949
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OEEC is staffed by Europeans and administers the Marshall Plan on the European level, deciding how much aid should be allocated to each country. Williams was invited to the meeting of the OEEC by its Secretary General, Robert Marjolin...
Said OEEC's secretary general, Robert Marjolin of France: "It would be a vain task to attempt to write a new long-term program . . . until such time as the participating countries make certain fundamental political-economic changes . . . When these adjustments are made . . . without doubt we shall again decide to project in figures this mutuality of national policies ... To do it now would be pointless labor...
...Paris, Marjolin often works a 14-hour day before getting home to his wife and two children in Neuilly. Mme. Marjolin is a U.S. girl from West Virginia, the former Dorothy Smith...
More Austerity. No backslapper, Marjolin was gaining the confidence of Congressmen last week by telling about his student days at Yale. He was honest enough to say that he does not expect Europe to be able to paddle its canoe by 1952, the year in which Marshall Plan aid is scheduled to end. Production in Europe is now almost as high as before the war, but Europe's plight is not solely due to the havoc of two wars and the fear of a third. It is partly due to a shift of economic forces (against Europe) which...
Europe cannot redress the balance but it can, Marjolin hopes, adjust to it. The U.S. will have to help by letting Europe buy more from nondollar areas and export more to markets which the U.S. now dominates, particularly Latin America. Europe will have to help by more austerity of the British type...