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-----
Single Currency


"So the Pound Can Kiss the Euro's Butt"


More Third Way from sumo wrestler Tony Blair.

TONY BLAIR has pledged to fight for Britain's entry into the single European
currency, according to a new Downing Street leak.

In the third memo to be leaked in a fortnight, the Prime Minister indicates
that he and his aides have made up their mind about the political case for
scrapping the pound. The Prime Minister writes: "On the euro we need to be
firmer, more certain, clearer. The truth is the politics is overwhelmingly in
favour: but the ecomomics has to be right; and at present it is not. It would
be far better to be open and up front."

But in another document, leaked to The Times and Sun with the memo, Mr
Blair's official pollster Philip Gould warns him that Labour's support for
the euro could cost the Government the next election. In a nine-page letter
to the Prime Minister, Mr Gould says that the single currency is a "life
preserver" for the Tories which will make them "relevant and more electable".

Mr Gould warns the Prime Minister not to brand William Hague as "extreme" on
Europe. He also advises that Mr Blair's position on the single currency "may
well energise the Tories and provide them with a credible position in the
upcoming elections and a vehicle for eroding Labour support".

The Gould document adds: "The great obstacle to building a sustainable
majority for the euro is the fundamental divide that runs through the country
on Europe. Opponents of the euro can get major traction by emphasising the
threat to sovereignty and British control of its own future.
"When asked about the best reasons not to join the euro, sentiment
concentrates on sovereignty and control. If Labour attempts to marginalise
the Tories by attacking their position as extreme - in effect, a brand of
Thatcherism that is hostile to Europe - Labour loses the argument.

"Labour talks about holding a referendum on joining the single currency after
the next election, but, in fact, Labour has already decided to abolish the
pound and substitute the euro. This is an irreversible course that will
undermine Britain's sovereignty and commit Britain to joining a federal
superstate of Europe."

The fresh leaks, strategically timed to draw attention away from today's
launch of the Government's plans for reforming the National Health Service,
show that as long ago as last October it was taken for granted among Mr
Blair's closest aides that Britain would join the euro.
"The decision to join the European Single Currency at some future point
raises significant challenges for the Labour Party in the upcoming election
and in any future referendum," Mr Gould and Stanley Greenberg, who was senior
pollster to President Clinton, say in the letter to Mr Blair.
The leaked letter from the Prime Minister to his aides shows that Mr Blair is
privately supportive of the publicly pro-euro stance adopted by Robin Cook,
Peter Mandelson and Stephen Byers, although publicly he has played down the
issue. In the memo, believed to have been written last December, he issues
secret instructions to ministers to take on the Tories and be "firmer, more
certain, clearer" on the euro.

"We cannot avoid this debate on Europe," he writes in a document, Standing up
for Britain. "Either we expose Tories' posturing for what it is - a defeat of
our national interest in the name of our national interest - or we just look
weak." Mr Blair says that "the truth is the politics is overwhelmingly in
favour: but the economics has to be right and at present it is not. It would
be better to be open and up front about this".

The Prime Minister's private view appears at odds with his assurances to
foreign investors in Japan last week that the decision to joint the Euro
"would not be political." The leaked memos will be seized upon by Mr Hague as
evidence that the Government is pursuing a secret agenda over Europe. They
are certain to be included in a inquiry which is being conducted by Sir
Richard Wilson, the Cabinet Secretary, into a series of leaks from
confidential Downing Street documents.
The London Telegraph, July 27, 2000
-----
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Om, Shalom, Salaam.
Em Hotep, Peace Be,
All My Relations.
Omnia Bona Bonis,
Adieu, Adios, Aloha.
Amen.
Roads End

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