Word: tariffs
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Paging the President. One of the loudest was Pennsylvania's tariff-championing Congressman Richard M. Simpson, whose key advice to candidates as congressional campaign chairman last fall had been to ignore the White House. Pressed to get back to his work in Congress, Simpson arranged to get on the program right after the delegates heard a message from...
After killing Britain's proposed Western European Free Trade Area (TIME, Dec. 1), the French had agreed to extend to outside nations the same 10% tariff cuts and 20% import quota increases promised to the members of the Common Market. This was as far as the protectionist-minded French intended to go. They would not grant to outsiders the Common Market provision to raise import quotas in each category to at least 3% of a nation's home production (which would allow a lot more German Volkswagens than British Hillman Minxes into France). To the British charge...
...Canadian Manufacturers Association. Apparently smarting from a recent Justice Department antitrust suit against General Electric Co. involving the company's Canadian subsidiary, McRae lashed out at the U.S. for continually "interfering in one way or another with the operation of U.S.-owned companies in Canada," criticized U.S. tariff policies. Said he: "Canadian products, with few exceptions, are rigorously excluded from the rich American market by your high tariffs...
...weeks ago France, after a year of fruitless negotiation, declared that "it is not possible to create the Free Trade Area as desired by the British." Dismayed and outraged, British spokesmen accused France's protection-loving industrialists of trying to turn the Common Market into an exclusive high-tariff club. Such a step, warned the British, would split Europe into two hostile economic camps. British fears are shared by many, including West Germany's free-enterprising Economics Minister Ludwig Erhard...
Closer to Equality. At Bad Kreuznach, De Gaulle skillfully countered France's critics. In a show of moderation, he agreed that the 10% tariff cut and the minimum 20% increase in import quotas which the Common Market six will accord one another's goods beginning Jan. 1 should be temporarily extended to outside nations, while some kind of "multilateral association" is worked out between the six and the rest of Europe. This was not enough to satisfy Erhard. But Adenauer is desperately anxious for Germany to forge an unbreakable alliance with France...