Word: oeec
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...will act only through the federal German government and the eleven Länder (state) governments. Occupation troops remain in their present zones, but henceforth may deal with the Germans only through a Lander Commissioner (appointed by the high commissioner of his zone). The new government will join the OEEC and sign an ERP agreement with the U.S. Instead of the past separate patterns in each zone, occupation policy will become uniform throughout Western Germany...
...Paris everybody knows the Château de la Muette as a mansion of the De Rothschilds. Last week the men who now govern Europe's finances sat in the same gilt & cream chamber where the De Rothschilds once practiced their financial wizardry.* Delegates from 19 OEEC areas had come to La Muette to work out a new Intra-European Payments plan. After hours of futile argument, Belgium's Paul-Henri Spaak suggested that the meeting adjourn. Britain's Sir Stafford Cripps cut him short with a crisp insistence. "Gentlemen, I have to go back to England...
...struggle to decide the economic shape of Europe is building up. One of the open ing skirmishes was fought last week when eight leading representatives of OEEC (Organization for European Economic Cooperation) met in Paris. The engagement was screened by a fog of long technical words and its result was inconclusive. When the meeting ended, however, the advantage lay with Britain's Sir Stafford Cripps. He had skillfully checked a drive by ECA and some continental nations to reduce currency exchange barriers between European nations...
Against that background the OEEC group met last week in Paris. Their assignment was to renew or to change the Intra-European Payments agreement, which runs out this month. Britain's objective was to make the new plan as much like the old as possible. Belgium's Paul-Henri Spaak and French Finance Minister Maurice Petsche were expected to carry the ball for the liberal Harriman position...
They had established the Organization for European Economic Cooperation. Through OEEC and its subcommittees, the 19 participants are correlating their plans and EGA requirements for economic stability by 1953. In so doing, they have broken precedent. They have frankly exchanged economic information once regarded as state secrets. They have agreed to continue OEEC after ECA's demise...