Word: laski
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...Labor Government had been in power little more than a month when last week that wayward wraith, the western bloc, in the guise of an entente of western Europe's socialist governments, began to clank familiarly through the international corridors. Its promoter was Professor Harold J. Laski (TIME...
PROFESSOR HAROLD J. LASKI-"What precisely is Mr. Laski's authority with regard to all the statements he is making about our foreign policy, and do his statements involve the Secretary of State for Foreign Affairs? We know Mr. Laski as chairman of the Labor Party Executive [Committee] which has the right to describe their own party as they wish to do. But this is a very important body. I have been told that it has the power to summon Ministers before it. Evidently Mr. Laski has great power and evidently he is keen to assert it. ... Broadly speaking...
...last week many an Englishman hearing Labor's Harold Laski demand the immediate nationalization of the Bank of England (see FOREIGN NEWS) wondered how long it would stay what it has been for over two centuries-the world's most powerful private bank...
Assault by Dogma. Last week, day after the Laski speech, Bank of England stock, which rates as a trustee security, fell ?9½, down to ?357½. Governor Thomas Sivewright Catto and his fellow bankers sat tight. Nationalization would mean that the bank's ?14,533,000 capital stock, held by some 35,000 Englishmen, would be bought by the British Treasury...
...made, would bring few immediate shocks. Throughout the wars, the bank has worked closely with Britain's Government. But a tradition of the Empire, as well as a symbol of free enterprise, would die if the Old Lady joined the Government. Many a Briton hoped that Harold Laski was running years ahead of his socialist brethren...