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.
The Common Market coun
cil of ministers has remained
singularly unanimous to re
tain high tariffs on American
poultry despite belief in some
quarters internal wrangling is
tearing the community to
pieces.
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