VICTIMS IN GREECE
LONDON, November 10. While the Germans were in Greece they shot 4000 Greeks in Athens and the Pireaus alone. All the people were charged with sabotage, spying on the Germans, sheltering British soldiers, or being in touch with the British. Thirty of them were women. The Germans' last victim was a Greek girl aged 16 who died for writing: "Welcome to the Allies," on a wall. Hundreds of Greeks died in prison.
deemable at any time. It is not negotiable. Owners cannot sell it because it is given to that section of the shareholders who invested their money for trustee and income purposes.
"They can, therefore, still get a return of 5s for every £5 of their present shareholding, and they can get it for 10 years, or if the time comes when they want the money they can give 14 days' notice to the Treasury, and they will receive the full value of the stock they have received in exchange for their shares. I do not know any course the Government could have followed to give greater justice and possibly something more than justice to many; because we did give some thought to those who depressed the market value of the shares knowlng^that we had given an undertaking that we would pay the price ruling on November 27. We did consider that aspect, and we would have liked to say to such holders 'you shall have he 1(^ yon paid for them.' But that would have meant discrimination, and m any event it would have been difficult to calculate in all cases, so we decided to make an oiier all round of £6 5s cash, or £6 5s worth of stock at 4 per cent.—an offer available to all holders of the shares. . . .We have taken every care to see that complete justice was done. ..."
. The legislative process of eliminating the private share-holding, as effected m the Reserve Bank Amendment Act, 1936, was to declare all shares m the capital "deemed to be cancelled" as from a fixed date and to give shareholders the option to payment m cash or non-transferable Government stock. -
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Bibliographic details
Evening Post, Volume CXXXVIII, Issue 115, 11 November 1944, Page 8
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357VICTIMS IN GREECE Evening Post, Volume CXXXVIII, Issue 115, 11 November 1944, Page 8
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