Netherlands in TIME magazine

Articles on Holland (Nederland) in TIME (1923 – )

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THE TECHNOLOGY GAP

2515

To bridge the technology gap beteween the U.S. and Europe, The Netherlands has raised its scientific-research budget by 45% over the past two years.

WESTERN Europe is gripped by a growing, almost obsessive fear that it is falling victim to American economic conquest. And that conquest, so the lament goes, is spearheaded by American technology. Armed with technological prowess that European firms cannot match, giant U.S. corporations are winning control over crucial industries. Many…

Toward a Trillion

682

The Dutch are unique in having invested more capital in than taken from the U.S. Their businessmen feel emotionally drawn to the U.S. more than to any of the members of the Common Market.

In its explosive expansion, the Atlantic Community is going to need the vertiginous sum of $1 trillion in new capital over the next ten years. The scarcity of capital is of course greatest in European nations, and the supply is of course greatest in the U.S. Thus, says the Atlantic…

The Netherlands has two especially outstanding monetary experts: Netherlands Bank President Marius Holtrop and Treasurer General Emile van Lennep.

Even for men well accustomed to continent hopping, international conferences and crucial decision making, the managers of the free world’s money last week set something of a record for activity. In Uruguay, in Cannes, in Paris and in Basel, they met over the conference tables to make decisions that could…

Looking for Labor

555

Thousands of jobs go unmanned in Europe, like in the Netherlands (150,000). The Dutch recently discharged 6,000 soldiers from military duty to work on construction jobs.

WESTERN EUROPE

Every Monday morning a Turkish Airlines plane lumbers to a stop at a Belgian military airfield near Charleroi, and out step 50 tanned and slightly bewildered Turks. Clutching yellow envelopes containing their X-ray pictures, they are welcomed with sweet Turk ish cigarettes, fruit juices, a round of speeches…

Uncommon Authority

405

Last week the tariffs on steel imports into the Common Market were raised to a standard 9%. With very little steel of its own, The Netherlands (4.5%) wanted to keep prices low.

Continental Europe’s ailing steel industry, already plagued by overcapacity, has been seriously jarred by a recent invasion of cut-rate steel from Japan, Austria, Britain and the Iron Curtain countries. Since the Common Market’s steel producers have the right to align their prices to the lowest import offer, they have cut…

Dutch Treatment

289

In 1959, after eleven years of test-drilling, a Dutch oil company finally hit natural gas in the province of Groningen. Fortnight ago they were allowed to tap the fields.

In 1959, after eleven years of test-drilling, a Dutch oil company jointly owned by Shell and Jersey Standard finally hit natural gas under the muddy reclaimed soil of The Netherlands’ north eastern province of Groningen. How big the fields were neither the oilmen nor the government ever felt moved to…

Welcome, Americans!

544

U.S. investors are attracted to The Netherlands and Belgium, since they are politically more stable than France, industrially more productive than Italy, militarily more secure than W. Germany.

In the Gothic cathedral town of Malines, Belgium, Du Pont was preparing last week to build its first plant on the European Continent. Nearby, Procter & Gamble was operating a recently completed $2,000,000 plant. A few miles down the road, Union Carbide was moving into a polyethylene plant, and Ford…

Goal Reached

189

A meeting at The Hague last week, Premiers of the three Benelux nations looked back on eleven years’ experience of union, and found it good.

Back in 1946, in a historic meeting at The Hague, the leaders of Belgium, The Netherlands and Luxembourg committed their nations to a far-reaching experiment in cooperation and trust among Europe’s sovereign states—an economic union that obliterated economic borders to let goods, capital and labor flow as freely as…

U.S. airlines suffer from competition. In the case of KLM, it is not merely a business but a national symbol, compensating in part for the vanishing Dutch navy and the lost East Indies.

OVERSEAS AIR ROUTES

FOR the U.S. international airlines, the biggest problem of 1957 has spawned the bitterest argument. The problem: increasing competition from foreign carriers, largely because the U.S. is letting more and more foreign lines get into choice U.S. markets. Last week, as Pan American World Airways inaugurated a…

The one shining exception to Europe’s spendthrift ways is The Netherlands. With climbed production, cutted taxes and dropped import controls Dutch national debt cut 25% to $5.3 billion.

FOR Western Europe’s factories, 1955 was the biggest postwar year. Production of steel, autos, chemicals, coal products and other goods soared to new records. In its latest report, the European Payments Union, clearinghouse of trade for 17 nations, said that free Europe’s combined industrial production index went up from 127…

Friendly Difficulties

286

There is friction in the Benelux countries (biggest international trade on the Continent). Representatives of the three friendly countries met to reconcile their growing differences.

In the vacuum of exile during World War II, the governments of Belgium, The Netherlands and Luxembourg spent much of their time working out plans for the happy day of liberation. Their most ambitious scheme was for economic union: interstate free trade, a common tariff and excise, a free exchange…

Amsterdam Shuts Down

335

The Amsterdam Stock Exchange, bustling center of Dutch financial life, stopped all trading last week. The reason for the stoppage dated back to the war.

The Amsterdam Stock Exchange, bustling center of Dutch financial life, stopped all trading last week. Like so many of Europe’s troubles, the reason for the stoppage dated back to the war. When the Germans overran The Netherlands in 1940, they helped themselves to a giant Dutch treat: all Jewish-owned…

ShoH- Cut to the Rhine

136

The new Amsterdam-Rhine Canal opened, a 45-mile short cut across The Netherlands that will bring Amsterdam’s river traffic 25 miles and 20 hours closer to Germany.

The canals of Amsterdam were as brightly gay last week as a field of Dutch tulips. The occasion was the opening of the new Amsterdam-Rhine Canal, a 45-mile short cut across The Netherlands that will bring Amsterdam’s river traffic 25 miles and 20 hours closer to Germany. In the age-old…

Integration

651

Because The Netherlands’ economy is geared more closely to Britain’s than to those of her continental allies, the Benelux countries still had no coordinated monetary policy.

Everybody was talking integration. In Paris, ECAdministrator Paul Hoffman had urgently warned Western Europe that it must take steps to integrate its separate economies (TIME, Nov. 7). Barely had Hoffman returned to the U.S., when Secretary of State Dean Acheson took off for Paris. For two days this week he…

Skirmish

1077

Because Belgians won’t accept the Dutch paying nonconvertible guilders the Dutch use Marshall Plan dollars to build their railway equipment industry, which works against economic unity.

A struggle to decide the economic shape of Europe is building up. One of the open ing skirmishes was fought last week when eight leading representatives of OEEC (Organization for European Economic Cooperation) met in Paris. The engagement was screened by a fog of long technical words and its result…

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