The More Things Change…

This article was in the Press & Journal a couple of years ago.

Notwithstanding the fact that we must all move away from the oil-based economy as quickly as possible for environmental reasons and that I am not an SNP member, given what I put in the previous post and any other number of examples, does anyone actually doubt that something similar is going on now?

Labour government feared ‘it’s scotland’s oil’ slogan

Secret plot to undermine SNP claims revealed

By David Perry

Published: 30/12/2010

Evidence has emerged in secret Cabinet papers of a Foreign Office-inspired plot to undermine SNP claims in the 1970s that “It’s Scotland’s Oil”.

A memorandum from Labour Foreign Secretary Anthony Crosland advised colleagues that the slogan was raising uncertainty in international financial circles, and could undermine the UK’s credit worthiness and ability to support the pound in foreign exchanges.

At the time, North Sea oil was regarded as the UK’s “collateral”, supporting huge foreign currency borrowing.

Mr Crosland also warned an overt attempt to challenge the claim by drawing up official maps showing a boundary between “English” and “Scottish” waters would be taken as a hint that the UK Government regarded Scottish independence as a possibility, further damaging the pound.

Instead he suggested “confidential briefings of selected public opinion informers” and articles in the press with no acknowledgement of official involvement.

Read the full article here.

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