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...known that he was "deeply angry" about a remark by French President Valéry Giscard d'Estaing that the Americans "haven't even started" to curb wasteful use of oil. Once the sessions began, however, Carter's principal opponent was not Giscard but German Chancellor Helmut Schmidt, who conducted what the American President wearily described to aides as a filibuster in favor of the European plan; the difficult personal relations between the two had rarely been more strained. Among the newcomers to economic summitry, Japan's Ohira, the chairman of the meeting, seemed to his colleagues to be unable...

Author: /time Magazine | Title: OPEC's Painful Squeeze | 7/9/1979 | See Source »

Your exclusive interview with Chancellor Schmidt was so impressive that I have confidence for our Western world because he is part of it. He may be the statesman...

Author: /time Magazine | Title: Letters: | 7/2/1979 | See Source »

...Schmidt's frosty comments about "Carter's 'preachy fanaticism on human rights" raises the specter of German human rights as exemplified by Auschwitz. Schmidt should recognize that he owes his very existence to human rights as practiced...

Author: /time Magazine | Title: Letters: | 7/2/1979 | See Source »

...Schmidt was a member of the Hitler Youth, but never joined the Nazi Party as an adult...

Author: /time Magazine | Title: Letters: | 7/2/1979 | See Source »

...Treasury Secretary Michael Blumenthal saw "some very nasty storm clouds" developing quickly as a result of the oil cartel's seeming insatiability for higher prices, while West German Chancellor Helmut Schmidt intoned about "great danger" ahead for all concerned, including the oil producers. The best hope that France's President Valery Giscard d'Estaing could offer anyone was that the industrial world could look forward to a prolonged period of "sober growth...

Author: /time Magazine | Title: Business: A Threat to Global Growth | 7/2/1979 | See Source »

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