Word: sealed
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Dates: during 1920-1929
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Unemployment. As a first step in his plan to solve the unemployment problem, Lord Privy Seal "Jim" Thomas introduced a resolution authorizing the Treasury to advance $5,000,000 a year to help develop the Colonies and Mandated Territories. Carefully he explained that by developing the Colonies (not the self-governing Dominions) they would directly aid British unemployment by increasing the demand for British exports in those colonies...
...There is practically no product that cannot be produced somewhere in this great empire," said Privy Seal Thomas...
Answered Privy Seal Thomas: "These colonies are within the Empire, therefore they are British. I protest against their being called 'other people' by anybody in the British House of Commons." Objector Roden, squelched, sat down...
...among them. And last week Prime Minister MacDonald, whose first London job, at 19, earned him $2.40 a week for addressing envelopes for a bicycle touring club, announced in the Commons, in his capacity as First Lord of the Treasury, that he had increased the salary of Lord Privy Seal "Jim" Thomas, sharp-tongued onetime engine-wiper, from $10,000 to $25,000, because of extra duties as minister in charge of unemployment. Prominent Laborites agitated last week to increase also the salaries of the Prime Minister and Chancellor of the Exchequer, at present barely sufficient to pay the expenses...
...billion-dollar investment in factory equipment. Of this huge sum 78% is being spent on machines to make machines, only 22% on the manufacture of goods for direct consumption. Therefore Soviet stores have little goods on their shelves. Calico is as expensive as silk. Shiny new boots, seal of a Russian peasant's prosperity, are hard to find, harder...