Word: pean
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Even more alarming to Servan-Schreiber is the fact that 90% of the capital needed to finance this "American invasion" was raised from Euro pean investors eager to take part in U.S. ventures. "What threatens us," he writes, "is not a torrent of riches. The war is being fought against us not with dollars, oil, tons of steel or even modern machines, but with creative imagination and a talent for organization." Last week Servan-Schreiber told TIME Correspondent James Wilde: "What America has done is to change the entire concept of culture, the values of civilization. The new American culture...
Kiesinger reiterated the West German view that the doors of the Common Market should be opened to Britain and the other six members of the Euro pean Free Trade Association. De Gaulle was unmoved, holding to his position that Britain under Prime Minister Har old Wilson has excluded itself by remaining linked to the Commonwealth and the U.S. Sighed Kiesinger later to newsmen: "Wilson will not have an easy time when he comes here...
...sharp rise in gold hoarding abroad has sent shivers through Europe's finance ministries. The free world's official stores of gold-in national treasuries and in the hands of such international bodies as the Inter national Monetary Fund, the Bank for International Settlements and the Euro pean Payments Union-fell by $40 million during the first nine months of 1965. That was the first such drop in ten years. The IMF figures that the missing gold has flowed into the hands of rich speculators in industrial countries, particularly France and secrecy-loving Switzerland. This amounts...
...Dulles, architect of the strong Far East policy that has kept Red China locked up inside its borders since 1955, it was a week of unrelenting and bitter pressures. On Monday, he conferred with President Eisenhower on Quemoy, found the President occupied and deeply disturbed by U.S. and Euro pean press criticism (see JUDGMENTS & PROPHECIES). On Tuesday, only minutes before his press conference, Dulles sent down for a handful of State Department mail to be picked out at random, read many letters from the U.S. public that said something like "Don't let's have a war just...
Attitudes: Supporter of the Atlantic Alliance and European unity, maintains that if the U.S. had had troops in Europe in 1939 as it has now, there would have been no World War II. In 1954, elected president of Euro pean Assembly in Strasbourg. Sound but not brilliant speaker, consistent but not spectacular political leader...