Word: staffords
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Britain's Fabian Society, the little core of intellectuals who began back in 1884 to preach the inevitability of socialism without revolution, finally got around to choosing a new president. The choice: Sir Stafford Cripps, now in Switzerland un der treatment for a spinal ailment. He succeeds his aunt, the late Beatrice Webb, the society's first and only other president, who died...
...Stafford Cripps, then Chancellor of the Exchequer, asked British companies to hold down dividends to combat inflation. Since his order would cut sharply into Iran's royalties, Anglo-Iranian, looking for a justified protest from Teheran, quickly offered to revise the 1933 agreement. Razor-sharp Board Chairman Sir William Eraser, a grey, gaunt Scot who runs his own show, journeyed to Teheran, and a compromise was reached in July 1949. It provided for raising Iran's oil revenues sharply. For example, under the new terms, Iran's 1948 royalties would amount to ?18,700,000, compared...
...Stafford (Boston Adventure) command a cosmopolitan confidence that makes a lot of their male counterparts read like sentimental softies raised on Louisa May Alcott. Since the new school is now threatened with overcrowding, it is a relief to find New York-born Elizabeth Pollet enrolling elsewhere with her first novel. A Family Romance has its faults, but they are not those of the self-assurance school; at its best, A Family Romance achieves a rare, fresh tone of youthful warmth and wonder...
Last week Britons of all parties praised Cripps's achievement. The Liberal Manchester Guardian said: "In all the limiting circumstances of our time, Sir Stafford Cripps has been a great Chancellor of the Exchequer." Others noted that Britain's gold reserves were twice as high as a year ago. In the first half of 1950, Britain's balance of trade showed a surplus of ?52 million, biggest since...
Toward Hot Water. The man who would replace Sir Stafford Cripps wore the same school tie (Winchester). Hugh Gaitskell, 44, is 17 years younger than Cripps and in many respects different. He is neither vegetarian nor teetotaler. While Cripps appears unyielding, Gaitskell is modest, unassuming and courteous...