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...other Common Market countries made clear their opposition to revaluation, Schiller's proposal to let the mark float ran into considerable opposition within his own government. At a four-hour meeting in Chancellor Willy Brandt's house in the Venusberg section of Bonn, Foreign Minister Walter Scheel argued that a floating mark would foul up the Common Market's system of farm price supports, which assumes set relationships between the currencies of the Market's six member nations. Bundesbank President Karl Klasen contended that Germany should instead clamp on tight exchange controls in order to stop...

Author: /time Magazine | Title: Business: The Dollar Crisis: Floating Toward Reform? | 5/17/1971 | See Source »

...Mayor Peter Kramer and the fire department band cooling their heels for 45 minutes at the City Hall. Joan was at least an hour late for U.S. Ambassador Kenneth Rush's cocktail party. Joan was two hours late for the party given by West German Foreign Minister Walter Scheel: Teddy was only 20 minutes late for his appointment with Chancellery Minister Horst Ehmke. At a reception given by the Minister-President of North Rhine-Westphalia, Teddy was 90 minutes late and Joan didn't show at all. And on the night of the concert, Teddy turned...

Author: /time Magazine | Title: People, May 3, 1971 | 5/3/1971 | See Source »

Last week in Warsaw, in a dramatic step toward conciliation, Polish Foreign Minister Stefan Jedrychowski and his West German counterpart, Walter Scheel, initialed a treaty designed to restore normal relations between the two countries and capped it with a champagne toast. The treaty, said Chancellor Willy Brandt in Bonn, would be "a liberating step toward a better Europe-a Europe in which borders no longer divide. That is what the youth of our countries expect and we no longer want to burden them with the past. Instead, we want to give them a new beginning...

Author: /time Magazine | Title: Europe: A Step Toward Conciliation | 11/30/1970 | See Source »

WARSAW: West German Foreign Minister Walter Scheel, who is also the Free Democrats' leader, swept into Warsaw last week for the last round of talks that are expected to lead to the normalization of relations between Poland and West Germany. The dispute focuses on West Germany's reluctance to comply with the Polish demand that the Oder-Neisse boundary, which ceded one-fourth of prewar Germany to Poland, should be recognized as final (see story, page 35). Also unresolved is the question of the ethnic Germans, believed to number 100,000, who still live in Poland. Polish Foreign...

Author: /time Magazine | Title: World: The Growing Gulf Between the Big Two | 11/16/1970 | See Source »

...their spacecraft, which could lead to eventual joint ventures beyond the earth. Soviet Foreign Minister Andrei Gromyko, on his way home from a U.S. visit, became the first Soviet official of his rank ever to visit West Germany; while there, he conferred with Bonn's Foreign Minister Walter Scheel and hinted that a break-through might he near in the big-power talks on Berlin, which reconvene this week. But there has also been abundant evidence of a chill in other areas, such as Cuba and the Middle East. And then there is the strange, still unresolved...

Author: /time Magazine | Title: Diplomacy: Out of All Proportion | 11/9/1970 | See Source »

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