Word: daltonics
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Penance. That same evening, some of the high Laborites saw the cinema première of Oscar Wilde's An Ideal Husband, a play about a British official who had sold a Cabinet secret to a stockbroker. For Dalton, unlike Sir Robert Chiltern of Wilde's play, there was no happy ending-at least not immediately. His old rival, Sir Stafford Cripps, became, in addition to his other duties, Chancellor of the Exchequer...
...Dalton might take heart from the remarks of a friend to Wilde's indiscreet hero: "Well, the English can't stand a man who is always saying he is in the right, but they are very fond of a man who admits that he has been in the wrong." Said one M.P. of the temporarily disgraced Dalton: "He'll serve his penance on the back bench for a few months-but mark my words, Hugh will get back...
Although its premature disclosure was a sensation, Hugh Dalton's budget itself was as quiet as a Treasury mouse. Besides the liquor taxes (see above), it sought Government revenues from football pools and dog racing (but not from horse racing). The profits tax was doubled...
...Dalton's successor, Sir Stafford ("The Brain") Cripps, now at the pinnacle of his power, has more rigorous ideas than Dalton on the fiscal policy of a Socialist Government (TIME, Nov. 10). The first Cripps budget, to be presented in April, may contain more drastic provisions...
...another Dalton tax measure, allowing only half the money spent on advertising to be deducted as business expenses in computing income tax, the Wall Street Journal pungently commented: "The hate of the Marxians ... for advertising is no mere whim. If you believe that the purpose of making and selling things is to furnish people what they choose to have, advertising appears useful. . . . But if you believe that the mass of consumers are subhuman, bound to do something foolish and destructive if left to themselves . . . advertising is a terrible thing. It is likely to cause people to want something and [that...