Our Saving Grace
One of the biggest challenges in getting people on board for joining the Euro is undoubtedly convincing the British public that actually it makes much more sense now than it ever has done previously. This opinion is reflected in that of many leading figures such as Peter Sutherland who believe that perhaps joining the Euro would be a sensible decision. In the melancholic crisis-ridden last days of peace before the first World War commenced, the British Foreign Secretary, Sir Edward Grey, was repeatedly pressed by his French and Russian counterparts to publicly say, categorically that the United Kingdom would be faithful to its Entente with the French and warn Germany that war with England would be unavoidable. Each time Grey skillfullykept up his room for manoeuvre and managed to mitigate the pressure. Even as late as August 1st he could argue forcefully that London could not leave neutrality “for the simple reason that public opinion would not sanction any other course”. As well as this at the Cabinet meeting that Sunday, most were against any involvement in the imminent conflict. Both the City, many of whose prominent bankers were of German stock, and a hefty segment of the media were against getting involved with the war. Grey kept his freedom of action right up until the end.
But the end was immanent. Four days later London had commenced with Germany. However shocking the current financial crisis, it is on a smaller scale, thankfully, than 1914 but the question arises as to whether British pragmatism responding to dramatic events might not be capable of engineering a similar volte-face; namely the embrace of British Euro membership after years of anti-Euro rhetoric from the self appointed representatives of Angleterre Profonde. As was the case in July 1914 there is no political motivation for European engagement at any level of any of the three main parties. A collective Euro-indifference worn at times heavily on the sleeve extends its deadening embrace which universal amongst all political parties. As history has time and time again told us, this does not necessarily means opinions can’t change. I for one believe that it is precisely that change of attitude which could play a major role in determining the future of Great Britain. Indeed it is vitally important that people do become more open to the idea of joining the Euro, and realize that rather than something to be feared it could in fact be our saving grace.
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