Word: oeec
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...Remarkable symbolism, that," observed Alexandre Verdelis, Greek delegate to OEEC, who watched Gaillard. "He collects fragments of English 'Players,' French 'Gauloises,' American 'Chesterfields,' sweet Turkish and powdery Belgian cigarettes. He puts them all together and rolls a smoke that is undoubtedly harmonious...
What the Wise Men Said. Last month, EGA Administrator Paul G. Hoffman declared that OEEC must take on the job of whacking up U.S. aid among the various Marshall Plan countries. So a four-man committee (Britain, France, The Netherlands, Italy) locked itself in a solitary villa near Paris, to make suggestions about how the $4,875,000,000 for ECA's first year should be divided...
...Organization for European Economic Cooperation (OEEC), in particular, was not performing as well as Administrator Hoffman would like. It was staffed by civil servants who had to refer every decision back to their governments. When it came to cracking down on their own countries' needs, individuals on OEEC's committees could never forget their nationalities. In an Embassy press conference, Hoffman told reporters: "I don't think we have yet seen evidence of the coordination necessary for success. The European nations still have a long...
...Plot. Hoffman spoke softly. But his voice carried clearly across the Seine to the Hotel de Tabac, where an OEEC committee had been wrangling over a plan to loosen Europe's currency restrictions. Quickly, the committee reached a tentative agreement. If the details could be successfully worked out and agreed on, the plan would permit Western Europe's nations to buy more easily from each other, thereby relieving some of the strain on the U.S. economy...
...Frame. Then Hoffman sat down to drive his points home to the men who could act on them. Britain was represented by Sir Stafford Cripps, Belgium by Premier Paul-Henri Spaak (who is also OEEC chairman), the other Marshall Plan countries by men of cabinet or ambassadorial rank. The U.S. people, Hoffman told them, expected the European nations to carry out their pledges of joint action. He asked for a coordinated, four-year master plan. Said Hoffman: "Each participating nation must face up to readjustments . . . These readjustments cannot be made along the old separatist lines." European recovery "cannot...