Letter : Britain and Europe: enemies of Brussels claim the true heritage of Churchill

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The Independent Online
Sir: The Europhiles are absolutely right to cite Winston Churchill as their mentor. It was Churchill who took Britain into a monetary union in 1926 by returning to the Gold Standard. The result was the General Strike, an early slump in UK output and an unmanageable external payments position from which we were extricated only by the collapse of said monetary union after 1931.


Christ Church, Oxford