Word: oeec
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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...
...Progressive abolition of quantitive restrictions on Western European trade, i.e., import quotas (the OEEC nations have promised to do away with import quotas on 50% of their private trade...
...Making OEEC, now mainly an advisory body, ECA's chosen instrument of integration, with clear responsibilities and enough political weight to compel member nations to abide by its decisions. One important step toward this goal: appointment of a strong OEEC secretary (possible candidates: Britain's Sir Oliver Franks, now ambassador to the U.S., and Belgium's Paul-Henri Spaak, first President of the Assembly of the Council of Europe...
...Assembly had sent up last summer (TIME, Aug. 15 et seq.). By unanimous vote, the ministers approved the admission of the West German Republic and the Saar territory to the Council as an "associate member." But on almost every other question the ministers passed the buck to U.N., to OEEC and other organizations...
...economic field, there was scarcely more progress. Responding to Paul Hoffman's plea, OEEC produced a resolution calling for the elimination of import quotas by Dec. 15 on half of Western Europe's private trade (this would leave out a large volume of trade carried on by governments). Paul Hoffman made it clear that this measure had not gone very far to satisfy him. "There is no magic in words . . . the magic lies only in action," he said. "If there is a failure to act ... we may have a new kind of dark age in the world...