The people's voice. [volume] (Helena, Mont.) 1939-1969, 1962-05-04
European Economic Community
It's Later Than You Think

kUIeI Inun IOU lHlnk
Some weeks back Kennedy Congress
authority to regulate American participation
world trade including lowering increasing tariffs import
quotas, etc. .esesa eee... rl.5-ar 81,
made authority could
sofar Montana agriculture and industry concerned
Yet there is growing realization that with the fast
emerging third force in the worlds economic namely
the European Economic Community this countrs continuing
role of eadershpin world trade makes mandatory
tariff and trade laws undergo sweeping revision.
fast the 'ew Europe is replacing the Old Country
increasingly powerful economic and political factor
world affairs brought home in most telling the
FEC house at the Worlds Fair Seattle This exhibit
not the most certainly of the most meaning
full at the fair as3{
meanngful because shows by display by graph and
by picture how rapidly economic union has caught in the
IL the revolutionary proposal first
by the French Government May 1850 That proposal
which concerned itself primarily with the pooling of western
Europes coal and steel industry the harbnger
of greater things to come-and quickly.
Today just years later,
tween the six FEC counresFrance, Italy, West Germany
Belgium The Netherlands and Luxembourg-are practically
thing of the past There is free of workers. free
movement of capital pooling of industrial potential ETC. Etab
monetary matters agriculture growth development
energy transportation social policy
policy of developing extremely economic political
ties with the emerging independent nations of Africa
In last decade production scared The nations
the time when they will overake both the United States
electrical development the peaceful of atomic
The day when economic union will be supple
populated, indusraly powerful nation than either
the u s. A the u S. Ra third force both politically
and economically between East and West.
Political unity will not come about in happensance
implement economic unity, already established and
functionng threebranch parlia
mentary judicial This devised that with
comparatively little upheaval be transformed into
political we'll economic mechanism The indications
that such political unity be forthcoming the United
States of Europe within the next 10 to IL years.
The cutting away restraints between
tons has already caused London it's aoof posi-
ton the European Common Market It's but matter of
time until English add their weight industrial and
potential of the six continental nations Economic
the island nation makes imperative that Britain be
able to trade equal basis with the European Economic
Community nations. st,. .s
similar situation about to confront the United States
Western Europe has BEEN and is at this time best export
market But will not continue to be unless FEC able to
trade with reciprocal mporexport basis Artificial
trade barriers Realization of this unaterabe fact
lies behind the Administrators for greater latitude
determining the foreign trade policies of this country The
difficulties which will confront certain of the u S. A
of nothing compared with the imminent loss of much
foreign trade market should fail place
nation in favorable competitive postion.-HLB liz