Word: zeeland
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Dates: during 1930-1939
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...Premier Paul van Zeeland of Belgium resigned because (1 he no longer had the confidence of King Leopold, 2 his own party, the Catholic Centre, deserted him, 3 his known sympathy for German Nazi methods caused the Belgian democratic press to attack him heatedly, 4 the Rexist press attacked him for receiving pay from the Bank of Belgium after becoming Premier, 5 he was unable to balance the national budget after repeated efforts...
...Best Five. The most important aspect of the 15,000-word report made by van Zeeland last week, was not its inclusion of much good advice that economists have given for years and statesmen have failed to take...
This advice is, of course, to: 1) lower tariff walls; 2) abolish quota restrictions; 3) stabilize currencies; 4) restore freedom of exchanges; 5) balance budgets. Having dropped in at the White House and made the rounds of Europe, M. van Zeeland picked five nations as the Great Powers most apt to take what he considers the standard brands of good advice...
...reported, is "to bring together as soon as possible ... in ... a pact of economic collaboration . . . the principal economic powers . . . France, the United Kingdom, the United States of America, Germany and Italy." Not excluding the Soviet Union or Japan or China, but obviously alive to many practical difficulties, M. van Zeeland would simply make a pact "embracing the largest possible number of states, and in any case open...
Tape-Cutting. Statesman van Zeeland knows that every effort thus far to secure international economic collaboration has bogged down in a quagmire of "preliminary negotiation," "'fact finding" and "research by official experts." Therefore last week he emphasized that "on most of the points . . . prolonged studies have been undertaken," and therefore "plans for putting them into effect could be quickly drawn up with the assistance of specialized organs such as the Economic and Financial Committees of the League of Nations, the Bank for International Settlements, the International Chamber of Commerce, the International Institute of Agriculture, et cetera...