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...Reginald McKenna, liberal member of Parliament and Chairman of the London Joint City and Midland Bank, informed Premier Baldwin that he would not be able to assume the office of Chancellor of the Exchequer, at present held with the Premiership by Mr. Baldwin...

Author: /time Magazine | Title: Foreign News: The Exchequer | 8/20/1923 | See Source »

...time Stanley Baldwin became First Minister in succession to Andrew Bonar Law, who retired on account of ill health, it was announced that Mr. McKenna would take over the portfolio as soon as his health permitted (TIME, June...

Author: /time Magazine | Title: Foreign News: The Exchequer | 8/20/1923 | See Source »

...McKenna's refusal, therefore, puts the Government in a difficulty. Sir Robert Home, an ex-Chancellor, was approached, but it is understood that he has again refused the post. The name of Neville Chamberlain, Minister of Health, has been mentioned in connection with the vacant post, but nothing definite is known. Austen Chamberlain (halfbrother to Neville) is the most likely man if he can be brought back into the Conservative fold...

Author: /time Magazine | Title: Foreign News: The Exchequer | 8/20/1923 | See Source »

...reasons for Mr. McKenna's refusal were not published. As he is a Liberal it is not difficult to infer that office in a Conservative Government would be trying to say the least; but there are doubtless other reasons...

Author: /time Magazine | Title: Foreign News: The Exchequer | 8/20/1923 | See Source »

...Supreme Court's decision in the District of Columbia Minimum Wage case has given the country the first definite indications of the way in which the new court may be divided in cases involving economic and social questions. The conservatives, who considered the statute unconstitutional, were Justices McKenna, Van Devanter, McReynolds, Sutherland and Butler. Those dissenting were Chief Justice Taft and Justices Holmes and Sanford. Mr. Justice Brandeis did not participate in the case because he had argued a similar case before the court ten years ago. He would doubtless have been aligned with the dissenting minority. While...

Author: /time Magazine | Title: National Affairs: A Trend to Conservatism | 4/21/1923 | See Source »

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