“Come back Guy Fawkes.On November 5, 1605, Fawkes led a band that tried to blow up King James and Parliament to avenge persecution of Roman Catholics. Your country needs you.” This placarded plea in London last month symbolized the displeasure of Britons over the law-making of their elected representatives. The protest was aimed at the “breathalyser” alcohol tests for drivers, but it aptly expressed the feelings of much of Britain about Prime Minister Harold Wilson’s latest move—devaluation of the pound.
The monetary shake-up is bound to affect adversely Christian and charitable work initiated in the country. An Overseas Missionary Fellowship spokesman outlined two major consequences: (1) Because of the higher cost of living, Christians will find it harder to give money at all. (2) What money they can give for work abroad will be worth nearly 15 per cent less when it reaches its destination.
Canon T. L. Livelvore, rector of one of greater London’s largest parishes, was sure that people would find the extra money to enable missionaries to receive the same relative support as before. But as a result, he thought, home churches will suffer. “Cut the local cloth to maintain the work overseas,” he put it.
Oxfam, which has £1.2 million promised in grants and future commitments, intends to meet these in local currency at the promised value. Therefore the relief agency must find an extra £180,000 to cover itself; but it is fairly confident, since income has been rising steadily.
Bishop A. W. Goodwin Hudson, chairman of Billy Graham’s British operation, condemned the government action strongly: “Those of us who represent Christian work in countries that have not devalued their currency are amongst the ‘distressed persons.’ For example, ...1
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