May 17, 1952

VENIZELOS-MARKEZINIS: Repeated lengthy meetings between Acting Prime Minister Sophocles Venizelos at the home of Mr S. Markezinis yesterday and the day before have prompted political commentators to express the view that the two men discussed the general political situation beyond the issues announced to the press. VIENNA EMBASSY: Paris, 16- According to a report from Vienna, during today’s meeting of the quadripartite Allied Council, there was a discussion of the March 31 attack (Ed. note: regarding the Beloyiannis case) on the Greek Embassy, next to the Russian sector of the city, and the looting of it by 3,000 communist demonstrators. The US ambassador had assigned 40 police officers to take up positions near the Greek Embassy before the demonstration, but they were sent back to their barracks by order of the Russian command. In addition, 2,000 communist demonstrators were transported there in Russian trucks. The Russian authorities repeatedly refused to allow the police chief to call in reinforcements. GOLD SOVEREIGN: The price of the gold sovereign on the stock market was 210,000 drachmas yesterday, and 209,500 on the free market. Its devaluation began about a month and a half ago, and during the first months of this year the Bank of Greece was forced to intervene daily to contain its price at 226,500 drachmas. The devaluation is attributed to credits restrictions, forcing businesses to sell sovereigns.