Magazine content is available exclusively for TIME subscribers.WESTERN EUROPE: Paying the Price
Paying the Price Diplomats called it "the meeting which must not fail." As they settled down around the conference table in Paris last week, the Premiers and foreign ministers of Western Europe's six Common Market nations* knew that they must either reach final agreement on their plans for a super-customs union or renounce the most plausible step yet towards a united Europe.
The meeting did not fail. As the price of French participation in the Common Market the other prospective members agreed to invest $381,250.000 in France's overseas territories during the next five years. This concession—a painful one for West...
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