Word: marjolin
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...Common Market Commission's financial vice president, Robert Marjolin, is a Jeremiah who takes any opportunity to cajole or frighten the member nations into closer cooperation and more central planning. In Strasbourg to deliver his annual economic report to the European Parliament last week, Marjolin warned the Six of galloping inflation that threatens the Market's whole structure...
...lunch with French Premier Pompidou, a dinner with "Mr. Europe," Jean Monnet. In Brussels, a dinner with a picked group of Common Market Eurocrats. By now the businessmen, whose questioning of experts had been diffident at first, had become forthright. When the Common Market's Vice Chairman Robert Marjolin, a Yale-educated French Social ist, called for questions, he was asked: "Why should a bunch of American capitalists put their trust in a bunch of Socialist Eurocrats...
...Marjolin answered: "I wasn't aware that you had put your trust...
There was laughter and applause. Actually, that exchange did not truly reflect the feelings of the occasion, for when called upon to ask the evening's final question, Walter H. Wheeler Jr., chairman of Pitney-Bowes, made a statement instead: Marjolin & Co. were receiving a lot of criticism these days, but what Wheeler had seen in Brussels was the most hopeful and inspiring experience of the whole trip, and he thought that the Common Market was doing the right thing both for Europe and the world...
...Marjolin Plan calls for the Six to closely coordinate their banking, budget and economic planning policies to head off any tendencies toward recession or runaway inflation...