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...privileged access to every chancellery of Western Europe. He has no formal higher education, but the world's most brilliant economists regard him as their peer. He has never joined a political party, but parliamentarians across Europe flock to his summons. His name is Jean Monnet, and he is the practical apostle of European unity whose new. growing organizations-notably the Common Market-are remaking the scarred old face of Europe and changing the balance of power throughout the world...

Author: /time Magazine | Title: Europe: Then Will It Live . . . | 10/6/1961 | See Source »

...political parties and the trade unions," and the committee's membership reads like a Who's Who in European politics and labor. Thus when Monnet proposes an idea, the governments of the Six know it already has the backing of an impressive group of politicians and labor leaders. His most recent proposal: a plan for a European monetary reserve fund, leading eventually to a common, single European currency...

Author: /time Magazine | Title: Europe: Then Will It Live . . . | 10/6/1961 | See Source »

Ahead is an even greater dream-an Atlantic Community in which the U.S. and Europe will be full partners. No one realizes better than Monnet the meaning of such an Atlantic union for the fractious, fragmenting world, chaos-riven as it is from the East River to Elisabethville, from Berlin to Namone. "Union is not an end in itself," says Monnet. "It is the beginning on the road to the more orderly world we must have in order to escape destruction. The partnership of Europe and the United States should create a new force for peace...

Author: /time Magazine | Title: Europe: Then Will It Live . . . | 10/6/1961 | See Source »

Conceived by Jean Monnet and in force for 3½ years, the Common Market aims to eliminate trade barriers among the six countries-and ultimately to integrate their economies. In basic economic theory, it is as old as Adam Smith, as familiar as the United States-the world's largest common market. It aims at free trade within the largest possible area, enabling industries to cut costs, labor to specialize, capital to move freely where needed in a mass market-to the economic benefit of producer, worker and consumer. But set against Europe's age-old rivalries...

Author: /time Magazine | Title: Europe: Then Will It Live . . . | 10/6/1961 | See Source »

Vindication & Victory. For two of the Common Market's farseeing architects. Britain's overture was both a vindication and a victory. France's Jean Monnet, 72, who conceived the idea of a Common Market and is now head of the informal Action Committee of the United States of Europe,* has lobbied constantly and quietly in Britain ever since the Common Market began, encouraging Britain to join. Monnet praised Macmillan's decision as "an act of political courage.''optimistically expressed the hppe that Britain might be in by the end of the year (most observers...

Author: /time Magazine | Title: Common Market: The Great Decision | 8/11/1961 | See Source »

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