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To: IngotWeTrust who wrote (19488)9/23/1998 1:48:00 AM
From: Alex  Respond to of 116759
 
Thanks Ole 49r. Would you elaborate on what part of Bretton Woods was "set aside"......................

Sceptics up in arms as Europe's bankers cut off queen's head

By Audrey Gillan
Wednesday September 23, 1998

The Queen's head rolled yesterday: straight off the face of the euro note. In a move that has caused rancour among those opposed to the single currency, European Central Bank bosses decided that if Britain did, one day, want to embrace the single currency then the price would be Her Majesty's head.

Instead, the notes will be graced with the European flag superimposed on designs of windows, doors and bridges. Such images were supposed to symbolise cooperation and openness but have instead raised hackles across the country.

Tory MP Sir Teddy Taylor described the decision as 'an insult to Britain and the royal family.' Shadow foreign secretary Michael Howard called on the prime minister to act to overturn the 'absurd' decision.

He said: 'It illustrates that all the fine words about national identities remaining undiluted under a single currency were just for the birds.'

Mr Howard cited a pre-election article written by Tony Blair in which he protested his 'Love For pounds' and said: 'I know exactly what the British people feel when they see the Queen's head on a œ10 note. I felt it too.'

Opposition leader William Hague said that the threat to the Queen's head was a 'warning signal to the British people.'

Constitutional historian, Dr David Starkey, found the decision worrying. 'The monarch's head is an instant national symbol for us and for people around the world,' he said.

'It is clear to me that Europe will not tolerate each nation having its own identity, which is very worrying. What next? Will we have to remove the Queen's head from postage stamps?'

The news has enraged those who believe that Europe has already taken away too much of Britain's sovereignty.

Even pro-Europeans like Stephen Woodard, director of the European Movement, said he was disappointed but not surprised by the news.

He did add, however, that the Queen's head had only been on British notes since the early 1960s.

Last night the Treasury was girding itself for an onslaught from the public. A spokesman explained that the royal pate could still be saved through a previous intervention on its behalf by Eddie George, governor of the Bank of England. He has reserved the right for the UK to include the Queen's head on the reverse side of banknotes issued in the UK.

Coins, said the spokesman, would definitely hold the Queen's head following the Chancellor, Gordon Brown's intervention.

reports.guardian.co.uk.