Word: snowdens
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...Booming, bumbling Tom Shaw, one-time weaver, now War Minister, made the Parliamentary bloomer of the week. Trespassing on the fiscal preserves of Chancellor of the Exchequer Philip Snowden without Cabinet authority, and possibly without knowing what he was doing. Right Honorable Tom blandly remarked that holders of British War Bonds are receiving too high a rate of interest: "They are getting $500,000,000 a year to which they have not the slightest moral right! . . . That is a fact that has got to be faced before this country can be put on its feet again...
Instantly the Commons was in such pandemonium as might be caused in Congress by barely hinting that the U. S. cannot prosper without cutting the interest rate on Liberty Bonds. "Explain! Explain!" roared Conservatives at pallid, crippled Chancellor Snowden; but for two whole days he maintained impassive silence. Horrid inference: the avowedly Socialist Labor Cabinet harbors hopes of someday tampering even with sacrosanct War Bonds...
...Learned from newspapers of the Labor Government's most important act of the week: notification to the German Government by Chancellor of the Exchequer Philip Snowden that he will not return to the Reich a surplus of $60,000,000 left over from the liquidation of German property seized in Britain during...
...Great Britain, Canada, Australia and the Irish Free State have made such restitutions. Notably the U. S. has paid Germany $300,000,000. The British Dominion of South Africa has made a separate settlement with the Reich, ignoring the British Conservative policy of "no restitution" which Laborite Philip ("Spongecake") Snowden is carrying...
...smashing retort to those who thought he yielded too much ($9,520,000) to British Chancellor Snowden at The Hague (TIME, Sept. 9), M. Briand cried: "I came home with acceptance of the Young Plan in my pocket?with the means for final liquidation of the Wrar. . . . Would you rather I had yielded nothing . . . won nothing . . . and come home wrapped in dignity and nothing more...