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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Aug. 25, 1963)
rgument Similar to thicken and Egg' Rises Over Common Market dP Im,!!.? I markcting policies have becn I harmonization of the sixna-15 percent and, despite in-1 091.000.000 dollars in 1950, 1 monetary polities within the I policies and monetary meas-l ' d Press International taken. P r o b lems remaining lonal commercial policies creasing prices, real wages rose to $13,404,000,000 in cnmmunilv Thp niZ nn ini monetary mcas- - , , By WILLIAM ANDERSON United Press International Brussels - niPIt - An argu ment similar to the old "chick en or the egg" problem is arising over the Common Market. One group of economists claims the bustling economies of the six Common Market member countries results di rectly from their decision to start the Common Market in 1958 A new group, somewhat dis illusioned over the commu- ity's so far meager steps for ward political unity, says the prosperity would have come anyhow. They say the "Eurocrats' cheat when they claim vast economic gains since the com munity began. They believe 1958 was a recession year and trade figures were low, thus the gains are much less spec tacular than the statistics show. Economically Abustle Whichever group is right, Europe is economically abustle and the Cassandras who predicted doom after French President Charles rie Gaulle vetoed British mem bership last January are still awaiting the breakup. All the points on which Ger many, Italy and the Benelux countries were to have sabo taged France in revenge for the British veto have been cleared up. Immediately afler the veto, reprisals were threatened on the following points: 1. The five would refuse to ratify an association conven tion with 18 French-speaking countries in Africa which France badly wanted. Would Refuse Benefits 2. The five would end Al geria's benefits still in force despite independence. 3. The five would refuse any action on the common ag ricultural policy. 4. A scheduled reduction in Inlra-community tariffs would be postponed until France agreed to contacts with Brit ain. Since then the African asso ciation convention providing for $730 million in economic and social aid has been signed. Aid to Africa never stopped flowing because of residue of a previous aid program and advance drawings on the con vention. Still Gets Benefits Algeria still gets tariff ben efits which she did when part of French territory. European ministers are unlikely to with draw these concessions for a long while for fear of pushing Algeria into the Communist camp. The common agricultural policy is far from romplcte. But some progress has becn made in approximating cereal prices and the first steps to ward common rice and pork have nothing to do with Brit ish membership. Reductions of tariffs on goods passing between the six member nations look place on July 1, 1963, two and a half years ahead of schedule. This brought total tariff reductions since the Common Market be gan to 60 per cent or indus trial goods and between 40 and 45 per cent on agricul tural produce. Step Up Contacts Having obtained these points France then agreed that contacts with Britain be stepped up and that "Euro pean political and economic matters" could be discussed regularly with Britain within the framework of the Western European union at ministerial level. These contacts are aimed at preventing Common Mark et and British economies de veloping along different lines which could make British membership of the community difficult at a later date. That Britain will join at a later dale is accepted by all includ ing the French. For a "stagnating" com munity the Common Market has been pretty active in other directions all this sum mer. Treaty Drawn Up A treaty of association with Greece has been drawn up Under it, Greece has started harmonizing agricultural and industrial policies with the community and is benefitting from tariff reductions and a low interest $125 million de velopment loan. Ties with Latin American countries also have been strengthened. A first step also has been taken for the future Redding Woman Is Killed at Log Plant Mrs. Thcda Dougherty, 46, of Redding, Calif., daughter-in-law of Mrs. R. J. Rina harper, 136 Vancouver ave., Mcdford, was killed in an ac cident at the Kimberly-Clark Corp. logging plant in Ander son last week. The accident occurred when Mrs. Dougherty, along with her husband, Raymond, and their son were standing near a pile of logs when one Inp on top of the pile started to roll. All three began to move to the side to avoid the falling log, hut Mrs. Dougher ty was unable to avoid it. Dougherty, a timber man agement officer for the U.S. forest service, look his wife and son to the logging plant to view unloading operations. Try and Stop Me By BENNETT CERF- A TOURIST came back from Africa with a trunkful of shrunken heads he hoped to sell, but experienced some difficulty in locating a purchaser. Somebody suggested he i try a big sporting goods store. He called up, and after a few moments, was connected with, a man with a very deep voice. "I want to talk to some body about selling a col lection of shrunken heads," explained the tourist. "You're speaking to the right party," the deep voice assured him. "I'm the head buyer." John Straley at last la convinced that all this talk he's been hearing about women taking over control in this land of ours is the real McCoy. He overheard two litUe girls quarreling one day last week. Shrilled one of them, "My mother can lick your mother:" As quoted by Joey Adams: A lecturer predicting an unusual coincidence of falling meteors: "It's going to be a tough season for people who bruise easily." Tennessee Emie Ford before the first broadcast of a new TV aeries: "I'm as nervous as a tomcat in a roomful of rocking chairs." Will Rogers, watching a rodeo show: "Spinnin' a rope is fun If your neck ain't in it" Oscar Levant, tuning out on a great TV star who radiates sweetness and charm: "That's one girl the doctor won't let me watch. I have diabetes." C 1963, by Bennett Cert. Distributed by Kins Features Syndicate Q0 j Highest Trade-Ins BUICK CADILLAC SKIHHER into one policy with Japan. In its quarterly report the commission predicts an in crease in the economic com munity gross product of about 4 per cent. Industrial produc tion will increase by about are up. In reply to accusations of "cheating" by taking 1958 as the base-line for statistics, Euromart officials points out that exchanges of goods be tween the six countries at S3,- 1962. Whether the chicken or the egg is responsible for this rise, it is phenomenal. Looking further ahead the executive commission also has taken steps to coordinate monetary policies within the community. The pilotal point of wis plan will be the setting up of a council of governors ot central banks of the six. Will Meet Monthly Meeting monthly they will review monetary situations in each country and discuss bank CVr"TTrNT fk . . . . . " MturUKlJ, UKfcliUN, SUNDAY, AUGUST 25, 1963 PAGES 1 to 8 ures such as credit conditions money market trends and pressures in foreign markets. American chicken export ers who have been practically squeezed out of the German market have not noticed any weakening in the commu nity's muscle. 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