GEORGE Mitchell makes some good points (Tories are set for their titanic moment ... and we need to escape, The National, March 10) but he seems to misunderstand the debate around a Scottish Mint.
READ MORE: Tories are set for their titanic moment ... and we need to escape
He’s right to suggest that we could put out to tender, the minting of Scotland’s new currency but remember the Treaty of Union preserves of the Scottish Mint forever, to run on the same lines as the English Mint. We would need to take back the offices of the Scottish Mint, currently given to the Chancellor of the Exchequer, and the Scottish Government would decide where that would be based. Why would we give this tender to an outside power, when we can re-establish the Scottish Mint and create new jobs to people who live and want to work here? We also need to remember, that for a more joined up national economic policy, with the establishment of a central bank and the proposed new Scottish Stock Exchange, a Scottish Mint would be a good addition to help build a strong sustainable economy.
Paul Gilchrist
Edinburgh
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