Philip Snowden: The First Labour Chancellor of the Exchequer

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Philip Snowden: The First Labour Chancellor of the Exchequer

Philip Snowden: The First Labour Chancellor of the Exchequer

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He was Chancellor of the Exchequer, the first Labour Chancellor, in the Labour Government formed by Ramsay MacDonald in 1924 and 1929. Ross McKibbin argues that the Labour government had very limited room to manoeuvre in 1929–31, and it did as well as could be expected; and that it handled the British economy better than most foreign governments handled theirs, and the Great Depression was less severe in Britain than elsewhere.

He profoundly believed in the morality of the balanced budget, with rigorous economy and not a penny wasted.Gaitskell was prepared to offer a delay in the introduction of charges but rejected the Tomlinson formula, despite Attlee's urgings, as the ceiling could not be achieved without charges. Winston Churchill, 'Philip Snowden', Sunday Pictorial (2 August 1931), quoted in Richard Langworth (ed.

In his letter of 10 August, Gaitskell wrote: "Lest there should be any doubt in your mind about my personal attitude, let me say that I could not regard an armed attack on Egypt by ourselves and the French as justified by anything which Nasser has done so far or as consistent with the Charter of the United Nations. a total over a three-year period); at this stage it had appeared that the US would be willing to help foot the bill. So far what Nasser has done amounts to a threat, a grave threat to us and to others, which certainly cannot be ignored; but it is only a threat, not in my opinion justifying retaliation by war. The men and women who formed Labour’s government included many of the greats who had led Labour in its first quarter-century.

However, Bevan soon rejected Gaitskell's proposed compromise that it be announced that the health charges were not to be permanent as "a bromide". Richard Hamilton with his wife, Terry Hamilton, both supporters of Campaign for Nuclear Disarmament, collaborated to produce Portrait of Hugh Gaitskell as a Famous Monster of Filmland, 1964, with Richard completing the piece in 1964 after Terry's death in 1962. Gaitskell agreed to limit health charges to three years (subject to Parliament voting to extend them), made concessions on pensions to the Trade Union Group of MPs, and a diary entry suggests he was not happy about dividend constraints – yet he was not prepared to make significant concessions to Bevan. Philip Snowden, Viscount Snowden, (born July 18, 1864, Ickornshaw, Yorkshire, England—died May 15, 1937, Tilford, Surrey), socialist politician and propagandist and chancellor of the Exchequer in the first two Labour Party governments of Great Britain (1924; 1929–31). By the second half of 1951 the overseas sterling area was importing from North America at double the 1950 rate.

Gaitskell (diary 10 August 1951) stated that he and Morrison thought that Attlee had been too weak in dealing with Bevan. Gaitskell believed that Shinwell, who was suspicious of middle class intellectual socialists, may have picked him in preference to Wilson because the latter was already an expert on the mining industry. Chuter Ede described the leadership election as "the political funeral of two of the greatest publicity mongers I've ever known," adding that Gaitskell had never actively sought publicity.In the late 1950s, in the teeth of opposition from the major trade unions, he attempted in vain to remove Clause IV of the Labour Party Constitution, which committed Labour to nationalisation of all the means of production. Harold Wilson, speech at a luncheon in the House of Commons to commemorate the centenary of Ramsay MacDonald's birth (12 October 1966), quoted in The Times (13 October 1966), p. Philip Snowden, First Viscount Snowden, the British politician, was a forthright and convincing speaker. Although he had chaired the ILP for a second time, from 1917 to 1920, Snowden resigned from the party in 1927 because he believed it was "drifting more and more away from.

In September 1950 inflationary pressure was worsened when the TUC voted to end the existing two-year wage freeze, although there was no wage explosion just yet. Gaitskell visited Washington in the autumn of 1951, where he thought US Treasury Secretary John Wesley Snyder "a pretty small-minded, small town, semi-isolationist". Bondfield would later become the first female cabinet minister and the first woman to be a privy counsellor in the UK.At the party meeting Bevan refused to agree to toe the party line, but the issue was defused by a conciliatory motion by the centrist "Keep Calm" group, passed against the wishes of the platform.

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