Word: sevens
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Dates: during 1950-1959
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Dangerous Medicine. All this aims at an easy economic meshing of the Outer Seven and the Common Market inner six if the day of political rapprochement ever arrives. For it is politics, not economics, that led to the bifurcation of Western Europe's trade, particularly politics between England and France, part of their centuries-old struggle for hegemony in modern Europe. It was France, with its history of narrow economic nationalism, that vetoed Britain's hopes for a free-trade area with the Common Market, and it was Britain's reluctance to give up its freedom...
Denmark symbolizes the uneasy position of most of the Outer Seven nations and their fundamental long-range desire to join the Common Market proper. Much of Denmark's food exports go to Common Market countries, 25% to Germany. (As a whole, the Outer Seven nations trade more with the twice-as-large Common Market than with each other...
While British farmers cried out in dismay, their government promised to guarantee a market for Danish bacon, blue cheese and other dairy products to offset Denmark's loss in joining the Outer Seven. This gesture will cost Britain nearly $20 million a year in tariff revenue alone...
Germany's Economics Minister Ludwig Erhard. sympathetic to the cause of freer trade everywhere, promised Denmark not to discriminate against it for joining the Outer Seven. Germany hopes in time to put pressure on France to widen the Common Market club. But as Erhard points out, the Outer Seven is "dangerous medicine," even though "chances are good that it will work." And, as one of Erhard's aides adds: "Separate groups tend to form habits, generate loyalties, encourage parochial thinking. On the other hand, they can produce creative friction...
Last week the ties that for seven years have bound the Alliance-Malays, the self-sufficient and aloof Chinese, and the Indians-began to fray. The ties held only when the Tengku proved that under his bland exterior he can be a hard man indeed. Trouble began over how the Alliance would distribute its candidates for the 104 parliamentary seats in next month's federal elections. Word got out that the Tengku would give the Indian minority half a dozen seats, the Chinese (who represent 40% of the population) would get 28 seats, and the rest would...