Beautifully engraved Stock Certificate from the Eurofund, Inc. issued in the early
1960's for shares of capital stock. This Early Common Market Fund invested in Company's of the Post
WWII European Common Market. It's vignette has two allegorical figures sitting on both sides of an
European Map which highlights the then Common Market members. The Common Market was the
basis for the current European Union and the Euro Currency.
The Marshall plan for European Recovery was a good short-term step, but many on both sides of the
Atlantic thought that a long-term solution was needed. One of those was French Foreign Minister
Robert Schuman, who conceived of a broad reaching common market in Europe. In 1951, he along with
Adenauer and others formed the Coal and Steel Community, which served to, integrated those
industries across national boundaries. The purpose of this integration was twofold. First it would give
long term strength and growth to those industries which would make it less dependant on outside aid. It
would also serve to bind Germany closer to Western Europe and hopefully lessen the possibility of
revanchist aggression coming from Germany.
This lead to series of initiatives on economic and defense matters. Most of these were steps taken by
the Germans to regain the measures of sovereignty that they had lost under the occupation. In 1957,
Germany, France, and others began negotiating to expand the Coal and Steel Community, which
culminated in the Rome treaty, which founded the European Common Market. It has been expanding
The certificate is facimile signed by the fund's President.
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