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…