Bilderberg Meetings Conference Report 1968

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    "

    PERSQNAL ANDSTRICTLY CONFIDENTIAL

    NOT FOR PUBLICATIONEITHER IN WHOLE OR IN PART

    BILDERBERG MEETINGS

    MONT TREMBLANTCONFERENCE

    26 - 28 April 1g68

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    BILDERBERG MEETINGS

    MONT TREMBLANT

    CONFERENCE

    26 - 28 April 1968

    .(.

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    CONTENTS

    List of ParticipantsIntroduction . . .First item of the Agenda"The Relations between the West and the Communist Countries"

    Summary of and introduction to German working paperDiscussion . . . . . . . . . . . . . . . . . . .

    Second item of the Agenda"Internationalization of Business"Summary of and introduction to American working paperSummary of and introduction to French working paper.Summary of and introduction to French memorandum .Discussion . . . . . . . . . . . . . . . . . . . .

    AnnexDiscussion on "American balance of payments"

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    L I S T O F P A R T I C I P A N T S

    CH A IRMA N :H.R.H. TH E PRINCE OF THE NETHERLANDS

    H O N O RA RY S E C R E T A R Y G E N E R A L FO R EU RO PE:ERNST H. VAN DER BEUGEL

    H O N O RA RY S ECRETARY GENERAL FO R TH E U N ITED S TATES :JOSEPH E. JOHNSON

    DEP UTY S ECRETARY GENERAL F O R EU RO PE:Arnold T. LAMPING

    OBS ERVER: H. R . H. PRINCESS BEATRIX OF THE NETHERLANDS

    AGNELLI, UMBERTO ITALYALLARD, jEAN v. CANADABAHR, EGON GERMANYBALL, GEORGE w. UNITED STATESBAUMGARTNER, WILFRID S. FRANCEBEATON, LEONARD CANADABELANGER, MICHEL CANADABENEDIKTSSON, BJARNI leELANDBENNETT, SIR FREDERIC UNITED KINGDOMBERG, FRITZ GERMANYBIESHEUVEL, BAREND W . NETHERLANDSBIRGI, M . NuRI TURKEYBIRRENBACH, KURT GERMANYBOOTH, ALAN R. INTERNATIONALBRIDGEMAN, SIR MAURICE R. UNITED KINGDOMBRZEZINSKI, ZBIGNIEW UNITED STATES

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    BucHAN, THE HoN. ALASTAIR F . INTERNATIONAL PARIZEAU, JACQUES CANADACAMU, Lours BELGIUM PEARSON, LESTER B. CANADACHAMBERS, SI R PAUL UNITED KINGDOM PECCEI, AURELIO ITALYCOLLADO, EMILIO G . UNITED STATES PERKINS, ]AMES A . UNITED STATESDEAN, ARTHUR H . UNITED STATES PIRELLI, LEOPOLDO ITALYDEMING, FREDERICK L . UNITED STATES POWELL, J . ENOCH UNITED KINGDOMDILLON, C . DOUGLAS UNITED STATES RAsMINSKY, Lours CANADADODGE, WILLIAM CANADA RITCHIE, RONALD S. CANADAFoRD II , HENRY UNITED STATES ROCKEFELLER, DAVID UNITED STATESFOUCHIER, JACQUES DE FRANCE RoNCHEY, ALBERTO ITALYGATES JR . , THOMAS S. UNITED STATES ROTHSCHILD, BARON EDMOND DE FRANCEGRIFFIN, ANTHONY G . s. CANADA RYAN, CLAUDE CANADAHARTUNG, HENRI FRANCE RYAN, JOHN T . UNITED STATESHAUGE, GABRIEL UNITED STATES SANDBERG, HERMAN W. NETHERLANDSHEINZ II , HENRY J . UNITED STATES SHONFIELD, ANDREW A. UNITED KINGDOMH121EGH, LEIF NORWAY SNOY ET D'0PPUERS, BARON BELGIUMHOLMES, JOHN W . CANADA SOLVAY, JACQUES E. BELGIUMJACKSON, HENRY M . UNITED STATES S0RENSEN, SVEND 0. DENMARKKARSTEN, CHRISTIAN F. NETHERLANDS SPETHMANN, DIETER GERMANYKEENER,] . WARD UNITED STATES SPINELLI, ALTIERO ITALYKurn , PIETER NETHERLANDS STILLE, U G o ITALYLAMBERT, ALLEN T . CANADA STONE, SHEPARD UNITED STATESLENDVAI, pAUL AUSTRIA TAVERNE, DrcK UNITED KINGDOMLOWENTHAL, RICHARD GERMANY TERKELSEN, TERKEL M . DENMARKLUNDVALL, D. BJORN H . SWEDEN THORNBROUGH, ALBERT A . CANADALUNS, JOSEPH M . A. H . NETHERLANDS TmEMAND, OTTO G. NORWAYMARTIN, PAUL CANADA TRUDEAU, PIERRE E. CANADAMATHIAS, CHARLES McC . UNITED STATES TtiRKMEN, ILTER TURKEYM c LEAN, WILLIAM F. CANADA UMBRIGHT, VICTOR D. SWITZERLANDMcNAMARA, RoBERT S. INTERNATIONAL VERNON, RAYMOND UNITED STATESMENDES-FRANCE, PIERRE FRANCE VISSER 'T HooFT, WILLEM A . INTERNATIONALMoMMER, KARL GERMANY WOLFF VON AMERONGEN, OTTO GERMANYMOYERS, BILL D. UNITED STATESMURPHY, ROBERT D. UNITED STATES IN ATTENDANCE :NETHERLANDS, H . R . H . PRINCE CLAUS OF TH E NETHERLANDS R oY, BERTIE LE NETHERLANDSNIARCHOS, STAVROS S. INTERNATIONALNOGUEIRA, ALBERTO F. PORTUGAL THILLAYE, BERNARD C . CANADANYKOPP, JOHAN A . FINLAND VERNEDE, EDWIN NETHERLANDSOLIVETTI, ROBERTO ITALYOPPENHEIM, SI R DUNCAN M. UNITED KINGDOM

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    I N T R O D U C T I O N

    Th e seventeenth Bilderberg Meeting was held at the Lodge at Mont Trem-blant (Canada) on 26, 27 and 28 April 1968 under the chairmanship ofH.R.H. The Prince of the Netherlands.

    There were 87 participants from the United States, Canada and fifteenWestern European countries as well as from various international organiza-tions. They consisted of members of governments, politicians, prominentbusinessmen, representatives of employers' organizations and trade unions,journalists, leading national and international civil servants and importantfigures 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 to which they might belong. In order to enableparticipants to speak with the greatest possible frankness, the discussions wereconfidential, the press not being admitted.

    The Agenda was as follows:I. The Relations between the West and the Communist Countries.

    II . Internationalization of Business.

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    ..

    THE RELATIONS BETWEEN TH E WEST AN D THECO MMU N IST CO U N TRIES

    H.R.H. The Prince of the Netherlands opened the meeting and recalled theBilderberg rules of procedure. The Prince expressed the hope that all participants from both sides of the Atlantic, the many newcomers certainly notexcepted, would take an active part in the discussion. In the Prince's opinion,a frank exchange of views would be particularly valuable in the presentpolitical circumstances, even if the prospects for European integration did notappear very encouraging.** *

    The background for discussion of this item of the Agenda consisted of apaper prepared by a German participant which was distributed before themeeting.

    SUMMARY OF AND INTRODUCTION TOGERMAN WORKING PAPER

    The author of this paper began by noting that for more than a decaderelations between the Western powers and the Soviet bloc had been characterized by the development oflimited but important elements of co-operationalong with the persistence of overriding conflict. The conflict found expressionin the competitive development of armaments, in the continuing militaryconfrontation of the rival alliances in Europe, in the expansion of Sovietinfluence in the Middle East, etc. At the same time, elements of East-Westco-operation had developed both from the recognition of certain commoninterests by the two "bloc leaders", specifically in avoiding a nuclear worldwar and, more generally, in limiting the risks and burdens of their conflict,as well as from the increasing tendency of the other members of both blocs topursue their individual national interests independently.

    It was evident that in such a protracted conflict, periods of growing tensionwere followed by periods of detente. The climate of detente, since the earlysixties, had encouraged the growth of new elements of co-operation across the13

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    I"

    ~

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    political scene. This speaker may be said to have summed up the general viewof the Meeting but a few speakers had referred in this context, even if marginally, to the effect which a special relationship between the two "super-powers",the Unit ed States and Soviet Russia, might have on the future development ofEast-West relations.

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    ITEM II

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    I

    INTERNATIONALIZATION OF BUSINESS

    The groun dwork for discussion of this item consisted of three papers preparedby an American and two French participants. These papers had been distributedamong participants some weeks before the meeting.SUMMARY OF AN D INTRODUCTION TO

    AMERICAN WORKING PAPERThe author of the American paper observed that he would use the term

    "world company" to signify a corporation, organized under the laws of adomiciliary country, which met two standards:First, it did business in substantially all non-Communist areas, obtained itscapital and raw materials, produced its goods and sold its products througho utthe world; and second, the management shaped its policies not in terms ofnational economies but in terms of the overall world economy.

    At a time when the demand for goods of every kind was multiplying almostat a geometric rate while world resources remained finite, the world companymade a unique contribution, by enabling men for the first time in history todeploy resources freely throughout the world in accordance with principles ofcomparative advantage measured by the objective standard of profit.

    For more than half a century, a handful of great companies had been activearound the world. Since the Second World War their number had multipliedmany times. How could we best preserve and advance the value of the worldcompany within the world political structure without excessive loss to othervalues?

    It was important to recognize the lack of phasing between the developmentof the world company and the continued existence of an archaic politicalstructure of nation states which was evolving only at glacier pace in response tonew world requirements. This lack of phasing was responsible for most of theproblems confronting the world company, which, in broad terms, could bestbe considered with respect to two sets of relationships.

    The first concerned relations between the government of the country inwhich a world company was organized and the governments of the varioushost states in which it operated. For a variety of reasons - such as the desire toprevent evasion of their own laws or the wish to extend their own jurisdiction

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    )

    Before closing the meeting, His Royal Highness expressed the gra titude of allthose present to Mr. Griffin and to the many other members of the Canadiangroup for all they had done to make the meeting such a success, and to GeneralAllard for the valuable contribution of the Canadian Armed Forces. ThePrince also expressed his special appreciation to the authors of the workingpapers and thanked the members of the Secretariat as well as the interpretersfor their excellent wark.A United States participant thanked the Prince for the admirable way inwhich he had chaired this very fascinating and stimulating meeting.

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    ANNEX

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