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...Passed by a decent majority of 38 and sent to the House of Lords Chancellor Philip Snowden's long debated budget bill carrying payments ("doles") to the unemployed of more than $1,100,000 per day. The usual cat-&-dog fight between Chancellor Snowden and ex-Chancellor Winston Churchill was avoided when the latter statesman shifted from direct attack to drawling, honeyed words. "How pleasant it must be," he remarked, "for the Chancellor to see the fruits of the Labor Government's policy so speedily mature" (a reference to the fact that with 1,800.000 unemployed, Great Britain...

Author: /time Magazine | Title: GREAT BRITAIN: Parliament's Week: Aug. 4, 1930 | 8/4/1930 | See Source »

Replying for Mr. Snowden, who sat imperturbable with a pale smile on his thin lips, Laborite Frederick William Pethick-Lawrence exulted...

Author: /time Magazine | Title: GREAT BRITAIN: Parliament's Week: Aug. 4, 1930 | 8/4/1930 | See Source »

...Churchill is beaten! Throughout he has threatened Mr. Snowden that the Opposition would force him to abandon certain clauses, but those clauses are still there! The Chancellor has got the money he wanted and in the way he proposed to raise it. He has erected the barriers against tax evasion which he intended to erect, and for the first time in five years the finances of the country have been put in a sound, intelligible position...

Author: /time Magazine | Title: GREAT BRITAIN: Parliament's Week: Aug. 4, 1930 | 8/4/1930 | See Source »

...Tailors of Tooley Street!" Of course "Empire Free Trade" is a deliberately misleading name. Major feature of the scheme is to erect a tariff wall around the Empire. (Only incidentally is trade to be free within the Empire.) Last week embittered Chancellor Philip Snowden, a Socialist who is opposed to any tariff wall, sneered at the bankers' manifesto: "Who are these financiers? I've never so much as heard of four of them! Nothing so impudent as professing to represent financial opinion has been forthcoming since the notorious manifesto of the tailors of Tooley Street...

Author: /time Magazine | Title: GREAT BRITAIN: Again Noah; Again Whale | 7/21/1930 | See Source »

...this embargo all. Last week the Prime Minister, who is also Commonwealth Treasurer (he has been called "The Snowden of Canberra"), made his budget speech. He began by announcing that the Commonwealth Treasury has a deficit of £14,000,000 ($68,000,000). Then, leaning from the rostrum tense and resolute he said, displaying a sheaf of papers: "I have in my hand a new table of tariffs, the most sensational in the history of the Commonwealth...

Author: /time Magazine | Title: AUSTRALIA: Absolute Embargo | 7/21/1930 | See Source »

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