Word: snowden
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This action rank-&-file Laborites hope and suspect is the prelude to a request by Chancellor of the Exchequer Philip Snowden for a two-year moratorium on the British debt to the U. S. Last week's moratorium rewards the Australian Government for its prompt action three weeks ago in making good to British bondholders the default of New South Wales (TIME, April...
...past years almost the most fun "Winnie" Churchill has had has been to rise up in the House of Commons, paw the air like a pink bear, and attack the financial bill (i. e. the Budget) presented by his archfoe gnomelike Chancellor of the Exchequer Philip Snowden...
...Churchill, as the last Conservative to hold the office now held by Mr. Snowden, undoubtedly feels that he has a vested right to lead the Conservative attack. He has. But in politics might is right. And just now muddling Leader Baldwin's star is momentarily in the Conservative ascendant. Also (as not many people will recall) Mr. Neville Chamberlain has been Chancellor of the Exchequer...
...with James Ramsay MacDonald, enter a formal "Lib-Lab Coalition Cabinet." Mr. MacDonald, for obvious reasons, was understood to want Mr. Lloyd George to take the minis try concerned with unemployment. But the Welshman continues to fancy his old job as Chancellor of the Exchequer, and last week Chancellor Snowden was still suffering in bed with cystitis...
...these six political casualties add the cystitis (bladder trouble) which has put Chancellor of the Exchequer Philip Snowden on his back indefinitely...