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The E-Sylum:  Volume 9, Number 2, January 8, 2006, Article 14

CALLS TO LEAVE SCOT BANKNOTES ALONE

According to a report published The Scotsman,
"NATIONALISTS launched a petition today calling
on the Treasury to leave Scottish banknotes alone."

"Bank bosses say the proposals, aimed at modernising
the way money is issued in the UK, do not threaten
Scottish notes.

The SNP is demanding that the present independent
system be left alone."

"Mr Hosie said: "The proposals hand power over to
the Bank of England to determine what denominations
of Scottish notes are acceptable and even the design
of Scottish notes.

"The Treasury proposals offer no benefit to Scottish
banks and simply place more burdens on them. It is
another example of London government attempting to
eliminate Scottish traditions".

Three Scots banks are allowed to issue their own
notes, the Bank of Scotland, Clydesdale Bank and
the Royal Bank of Scotland."

To read the full story, see: Full Story

  Wayne Homren, Editor

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