Word: marketeers
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Dates: during 1960-1969
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...course, the farmers resist change. Now they are training their ire on a blunt, strong-minded Dutchman who has urged a sweeping, basic change. He is the Common Market's agricultural chief, Sicco Mansholt, 60, whose proposal to the Common Market's Council of Ministers two weeks ago has made him one of the most controversial men on the Continent. In letters, irate European farmers have damned him as "Bolshevist" and a "mad dog." Mansholt replies coolly: "I have a big wastebasket." Cut the Glut. Mansholt has called for an immediate attack on Europe's agricultural surpluses...
...contends that the levy would violate international prohibitions against the use of domestic taxes for protectionist purposes. In any case, it would certainly threaten the U.S.'s $450 million-a-year sales of soybean products to Western Europe. The U.S.'s largest farm exports to Common Market countries come from the lowly soybean...
...Resistance Man. Mansholt, a farm-bred fellow who spends his free time sailing his flat-bottom Dutch fishing boat, has never retreated from a fight. He became a wartime resistance hero during the German occupation, later was The Netherlands' agriculture minister before moving to Brussels as a Common Market vice president in 1957. An impassioned Eurocrat, he has repeatedly tangled with Charles de Gaulle's government, which blocked his nomination for the Common Market presidency...
...Mansholt's program, particularly the assault on some surpluses, is likely to be adopted in one form or another fairly soon. The deeper structural reforms will have tougher going, especially in West Germany, where farmers tend to be more backward and conservative than anywhere else in the Common Market. Meanwhile, the plan received a major boost last week, when eleven of 13 Common Market commissioners voted to approve it. Though potent farm groups and individual governments have yet to be persuaded, many European officials were agreeing, at least in private, with what Mansholt was saying aloud...
...form of computer time sharing that ties smaller banks into a large IBM storehouse of money-management data. By operating a special electric typewriter connected by telephone line to a computer center, a small-town banker can get a printout of information about conditions in distant bond and money markets, as well as economic forecasts for the nation or his region, and other data. If he is thinking of buying bonds, Dynabank will quote prices and yields of issues. If he wants to sell, the computer can tell him the market value of his own bank's portfolio. Dynabank...