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To: Michael Collings who wrote (69976)5/22/2001 1:10:04 PM
From: Tom Byron  Respond to of 116938
 
the us dollar is approaching those highs of oct and nov of last year...see 2nd chart (weekly chart) on this us dollar chart.....alert to all ya goldbuggers.......:)

test.crbindex.com@DX.1



To: Michael Collings who wrote (69976)5/24/2001 7:42:38 AM
From: long-gone  Read Replies (1) | Respond to of 116938
 
ISSUE 2189 Wednesday 23 May 2001

I would never give up the pound, declares Thatcher
By George Jones and Rachel Sylvester

LADY THATCHER thrust Europe to the centre of the election campaign last night with a dramatic declaration that she would "never" give up the pound.
Although giving strong backing to William Hague, she went well beyond official Tory policy of only ruling out membership of the euro for the lifetime of the next Parliament. The former prime minister, appearing alongside Mr Hague for the first time in the campaign, said the key issue was whether Britain would remain a free independent nation or would be absorbed into a federal Europe.

She received a rapturous reception from a rally of party workers in Plymouth. Lady Thatcher praised Mr Hague's "cool and gritty" leadership and said he could still win. She delivered a blistering attack on New Labour and Tony Blair.

Before the 1997 election, Lady Thatcher was reported to have been impressed by Mr Blair and believed the country would be safe in his hands. However, last night she made clear she no longer trusted him to maintain her legacy, claiming "New Labour in its shrivelled heart" was embarrassed by Britain's history and was seeking to remove Britain's sovereignty by "stealth".

Before her speech, party officials had insisted that Lady Thatcher would not breach the official party line on the euro. However, after accusing Mr Blair of being prepared to "lead Britain by the nose into a single currency", she added an unscripted passage: "I would never be prepared to give up our own currency."

A country which lost the power to issue its own currency "is a country which has given up the power to govern itself". Labour immediately claimed her remarks would give a green light to Euro-sceptic Tory candidates to defy the official party line, and challenged Mr Hague to disown them.

Tory officials sought to play down Lady Thatcher's comments, saying her views on Europe and the single currency were well known and would not alter the party's policy. Mr Hague signalled that the Tories planned to go on the offensive on Europe in the second half of the campaign.

He told the rally that losing the pound was not inevitable. "You can vote Labour or Liberal and see the pound abolished. Or you can vote Conservative to keep it." Mr Blair, who has previously praised many of Lady Thatcher's achievements, hit back last night.

He told an all-female audience in Wimbledon, south-west London: "It is time to draw a line under the era of Thatcher." He said that under her the Tories "were indifferent to social divisions. If people were unemployed, it was tough luck". He added: "That era is over and done with, let's move on."

John Prescott, the Deputy Prime Minister, addressing a Labour election rally in Birmingham, described Lady Thatcher's "never" comment as a "bombshell". He said: "It is an open invitation to Tory rebels to defy Mr Hague's leadership. It will rip the Tory party apart."
telegraph.co.uk