We describe the R-matrix structure associated with integrable extensio
ns, containing both one-body and two-body potentials, of the A(N) Calo
gero-Moser N-body systems. We construct non-linear, finite dimensional
Poisson algebras of observables. Their N --> infinity limits realize
the infinite Lie algebras Sdiff(R x S1) in the trigonometric case and
Sdiff(R2) in the rational case. It is then isomorphic to the algebra o
f observables constructed in the two-dimensional collective string fie
ld theory.