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THE NEW MILLENNIUM

One of Eaton’s principal concerns at that time was that several Member Countries’

fees had increased significantly in recent years. This had arisen not only due to planned

revenue requirements but was also the result of currency changes in many countries.

Traditionally the method of determining fees was based on the amount of direct steel

consumption in each Member Country. Eaton considered that this method was problematic

because of the high proportionate values for some countries which had the potential to

affect future membership subscriptions.

4

Subsequent changes to the fee structure failed to

arrest this continuing problem and, at the time of the 1995 budget mentioned previously,

nine Member Countries were substantially in arrears.

Following Costa completing his term as Treasurer, Mr Bevan

Braithwaite (UK) accepted the offer to take over as the new Treasurer in

September 1996. In the interim, Bramat had become increasingly concerned

at the escalating costs of restructuring and had decided to suspend payments

to TWI for the salary of Hicks, in consideration of the fact that he was

also being remunerated by the Institut de Soudure.

5

This

issue was taken up by Braithwaite at his first meeting

as IIW Treasurer and he indicated that the principle

of having these costs reimbursed was part of the

original offer made by TWI when bidding for the

single IIW Secretariat. He made it clear that the costs

corresponded to what had being paid to the

former IIW Secretary General for a contract

that had been already approved and could not

be breached, at least until well after the Institut

de Soudure took over the responsibility for

the IIW Secretariat.

6

After detailed discussion

it was agreed that TWI should be reimbursed

for their costs resulting from the merging of

the two Secretariats.

Braithwaite, characteristically was a down-to-earth sort of person and had a deep

interest in the restoration of old steam engines, including the renowned

Flying Scotsman

, a

model of which had a significant place in his office at TWI. He was also a qualified Class 1

welder and a world authority on fatigue strength of structures.

7

He was an astute observer

and was quick to express himself directly on occasions. When Bramat explained why it was

not possible to present a financial statement for the year 1996 he was far from impressed.

The reasons offered for this, as Bramat explained, were numerous including the change-

over from the previous bookkeeping system, issues regarding French law, devaluation of the

Bevan Braithwaite