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BILDERBERG MEETINGS

CAMBRIDGECONFERENCE31 March-2April 1967

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LIST OF PARTICIPANTS

CHAIRMAN:H.R.H. THE PRINCE OF THE NETHERLANDS

HONORARY SECRETARY GENERAL FO R EUROPE:ERNST H. VAN DER BEUGEL

HONORARY SECRETARY GENERAL FOR THE UNITED STATES:JosEPH E. JoHNSON

HONORARY TREASURER:Johannes MeynenDEPUTY SECRETARY GENERAL FOR EUROPE:

ARNOLD T. LAMPING

AGNELLI, GIOVANNIARLIOTIS, CHARLESBALL, GEORGE w.BARRAN, DAVID H.BAUMEL, JACQUESBAUMGARTNER, WILFRID S.BECKER, KURTBEEBE, FREDERICK S.BENNETT, Sm FREDERICBmGI, M. NuRIBIRRENBACH, KURTBROSIO, MANLIOCASANOVA, JEAN C.CLEVELAND, HAROLD VAN B.CLEVELAND, HARLAN

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ITALYGREECEUNITED STATESUNITED KINGDOMFRANCEFRANCEGERMANYUNITED STATESUNITED KINGDOMTURKEYGERMANYINTERNATIONALFRANCEUNITED STATESUNITED STATES

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COLLADO, EMILIO G. UNITED STATES NEWHOUSE,jOHN UNITED STATESCOLONNA DI PALIANO, PRINCE GUIDO INTERNATIONAL NIARCHOS, STAVROS S. GREECEDANKERT, PIET NETHERLANDS NOGUEIRA, ALBERTO FRANCO PORTUGALDEAN, ARTHUR H. UNITED STATES NoRSTAD, LAURIS UNITED STATESDIEBOLD, JOHN UNITED STATES NYKOPP, JoHAN FINLAND

EAYRS, ]AMES CANADAPECCEI, AURELIO ITALY

EDINBURGH,H.R.H.THEPRINCEPHILIP,DUKEOF UNITED KINGDOM PERKINS, ]AMES A. UNITED STATESFERRARI AGGRADI, MARIO ITALY PESMAZOGLOU, jOHN S. GREECEGRIFFIN, ANTHONY G . s. CANADA PIEL, GERARD UNITED STATESHALL, SIR ARNOLD UNITED KINGDOM PIORE, EMANUEL R. UNITED STATESHARTUNG, HENRI FRANCE PIRELLI, LEOPOLDO ITALYHEALEY, DENIS w. UNITED KINGDOM ROCKEFELLER, DAVID UNITED STATESHEATH, EDWARD R . G. UNITED KINGDOM ROLL, SIR ERIC UNITED KINGDOMHEINZ II , HENRY J. UNITED STATES RosTow, EuGENE V. UNITED STATESH0EGH, LEIF NORWAY Roux , AMBROISE FRANCEHOFFMANN, STANLEY UNITED STATES SCHMIDT, HELMUT GERMANY

HOGG, QUINTIN UNITED KINGDOM SCHWARZ, UR SSWITZERLAND

HOLMBERG, YNGVE SWEDEN SHAWCROSS, LORD UNITED KINGDOMHORNIG, DONALD F. UNITED STATES SIMONET, HENRI BELGIUMJACKSON, HENRY M . UNITED STATES SNOY ET D'0PPUERS, BARON BELGIUMKAYSEN, CARL UNITED STATES S0RENSEN, SVEND 0. DENMARKKEARTON, SIR FRANK UNITED KINGDOM STONE, SHEPARD UNITED STATESKNOPPERS, ANTONIE T. UNITED STATES TAVERNE, DICK UNITED KINGDOMKoHNSTAMM, MAx INTERNATIONAL TERKELSEN, TERKEL M . DENMARKKRAFT, JOSEPH UNITED STATES TIDEMAND, OTTO G. NORWAYKYMMELL, JAAP NETHERLANDS TRON' LUDOVIC FRANCELEFEVRE, THEO BELGIUM UDINK, BEREND J. NETHERLANDSLEGER, JULES CANADA VITTORELLI, PAOLO ITALYLuNs,JosEPH M .A . H . NETHERLANDS WALLENBERG, MARCUS SWEDENMARTIN, PAUL CANADA WHEELER, Sm CHARLES UNITED KINGDOMMATHIAS JR . , CHARLES McC. UNITED STATES WITHALM, HERMANN AUSTRIAMATTH!ASEN' N !ELS DENMARK WOLFF VON AMERONGEN, OTTO GERMANYMAUDLING, REGINALD UNITED KINGDOM IN ATTENDANCE :McG H EE, GEORGE C. UNITED STATESMcNAUGHTON, JoH N T. UNITED STATES CHIUSANO, VITTORINO ITALYMERKLE, HANS GERMANY MuNBY, RICHARD K. UNITED KINGDOMMOYERS, BILL D. UNITED STATES RoY , BERTIE LE NETHERLANDSM UNTHE, PREBEN NORWAY SCHELLE, CA REL] . VAN NETHERLANDSMURPHY, ROBERT D. UNITED STATES VERNEDE, EDWIN NETHERLANDSNETHERLANDS, H. R. H. PRINCE CLAUS OF THE NETHERLANDS

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IN TRO D U CTIO N

Th e sixteenth Bilderberg Meeting was held at St. John's College in Cambridge (England) on 31 March, l and 2 April 1967 under the chairmanship ofH.R.H. The Prince of the Netherlands.

There were 88 participants from the United States, Canada and fifteenWestern European countries as well as from various international organizations. They consisted of members of governments, leading civil servants andprominent businessmen, representatives of employers' organizations and tradeunions and important persons in other fields.

In accordance with the rules adopted at each meeting, all participantsspoke in a purely personal capacity without in any way committing whatevergovernment or organization they might belong to. In order to enable participants to speak with the greatest possible frankness, the discussions were confidential with no representatives of the press being admit ted.

The Agenda was as follows:I. a) Do the basic concepts of Atlantic co-operation remain valid for the

evolving world situation?b) I f not, what concepts could tak e their place?II . The technological gap between Americ a and Europe with special reference

to American investments in Europe.

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On opening the meeting, His Royal Highness The Prince of the Netherlandsasked part icipants to observe one minute silence in tribute to Mr. Fritz Erler,a greatly valued collaborator ofBilderberg and member of the Steering Committee, who had passed away in the beginning of this year.His Royal Highness then read a message he had sent to He r Majesty QueenElizabeth.

The Prince informed participants that, for practical reasons, the order of theAgenda had been changed. He, consequently, proposed to start the discussion onthe second item.

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I. THE TECHNOLOGICAL GA P BETWEEN AMERICAAN D EUROPE WITH SPECIAL REFERENCETO AMERICAN INVESTMENTS IN EU RO PE

The groundwork for discussion of this item on the Agenda consistedof a paperprepared by an American participant which was distributed before the meeting.

The author of this paper began by emphasizing that there was undoubtedlyan imbalance in the production of "marketable" technology which favouredthe United States of America-the situation commonly known as the "technological gap"-and he considered that this gap was growing.

Differences in the production of technology were not bad per se providedthat technology was transferred through the industrial world. But transferenceof "marketable" technology between nations was subject to many artificialrestraints. Before World War II the transfer of new technology took placemostly through licensing whereas it was now mostly transferred by exploitation through direct investment. This development had led to the existence,growth and power of "international" companies, sometimes called "worldcompanies".Although the West E uropean countries needed this type of transfer of technology, it was understandable that certain fears and forms of resistance againstthis development should appear. The "take over" of national industries bysuch United States world companies stimulated anxiety of foreign (UnitedStates) dominance while the plans and objectives of such powerful "worldcompanies" (without national allegiance) might form a threat to nationaleconomic independence as expressed in "national" economic planning.

Given the expected widening of the technological gap in important sectors,it would be unwise to hamper technological transfer by deterring UnitedStates industrial investment. At the same time, it was important that Europeshould develop sufficient technology of its own in order to establish and maintain a manageable balance of the two-way flow. This was an urgent problemwhose solution necessitated radical action iri respect of education, researchmanagement and capital requirements which could only succeed in a framework of greater European unity.

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in the structure of international relations, regarding Europe not so much asan idea in expansion but as a new and larger nation-state.

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Earlier in the discussion a United States participant who had to leave themeeting early had expressed the gratitude of the American group to His RoyalHighness and all the other persons who had contributed to the grea t success ofthis meeting.Before declaring the meeting closed, the Prince conveyed the warmestthanks of all those who were present to the British hosts and the Master andFellows of St. John's College for the admirable arrangements which had beenmade, to the writers of the excellent introductory papers, the linguistic serviceand the members of the Secretariat.

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