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Representative British Orations Volume 3 (of 4)

Note 28 — JOHN BRIGHT. ON THE FOREIGN POLICY OF ENGLAND; DELIVERED AT A BANQUET GIVEN IN HONOR OF MR. BRIGHT, AT BIRMINGHAM, OCTOBER 29, 1858.

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Note 28, p. 176.—In 1830 the governments of Great Britain, France, and Russia entered into a treaty, establishing and guaranteeing the constitutional monarchy of Greece. This was in effect acknowledging the independence of Greece from Turkey, and guaranteeing to defend that independence. Mr. Bright could hardly mean to be understood as objecting to such a guarantee. A loan, furnished by the Rothschilds, of £2,343,750 was also guaranteed by the three powers, each being responsible for one third. As the Greek Government did not pay, the guarantors were held responsible; and in 1866 the amount that had been paid by England was £1,060,385. This, of course, was held as a claim against Greece. In 1866 a convention of the powers agreed that the Greek Government should pay £12,000 a year till all is liquidated.—Martin’s “Statesman’s Year-Book for 1873,” p. 285.

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