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3
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0003394425
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Weidenfeld and Nicolson and Michael Joseph
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Harold Wilson, The Labour Government 1964-1970. A Personal Record, Weidenfeld and Nicolson and Michael Joseph, 1971, p. 6. Wilson aside, virtually every commentator agrees that the 1949 devaluation did Labour little if any harm, a view supported by contemporary newspapers and opinion polls.
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Wilson, H.1
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6
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London, Edward Arnold
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See Bernard Porter, Britannia's Burden, London, Edward Arnold, 1994, c. 308.
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Porter, B.1
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7
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53149104052
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2 August
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The point was made repeatedly in 1956. See, for example, Lord Attlee, House of Lords Debates, 2 August 1956, c. 733,
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Attlee, L.1
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8
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53149104418
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A Cease-fire?
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6 Nov.
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and 'A Cease-fire?', Manchester Guardian, 6 Nov. 1956.
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Manchester Guardian
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9
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0007539603
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5 Dec.
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Guardian, 5 Dec. 1956, p. 6.
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(1956)
Guardian
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10
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20 Sep.
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Mail, 20 Sep. 1957, p. 1.
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Mail
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11
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53149143568
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15 April
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Times, 15 April 1965, p. 16.
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(1965)
Times
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12
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53149096242
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15 July
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Sun, 15 July 1966, p. 1
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(1966)
Sun
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13
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53149100978
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21 July
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Sun, 21 July 1966, p. 1.
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Sun
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14
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53149117488
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10 June
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Times, 10 June 1966, p. 12.
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(1966)
Times
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15
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53149086708
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21 Nov.
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Times, 21 Nov. 1967, p. 8.
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Times
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16
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17 July
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Observer, 17 July 1966, p. 7.
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Observer
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17
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53149085324
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10 Nov.
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Mail, 10 Nov. 1967, p. 6.
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Mail
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Mail, 18 Nov. 1967, p. 6.
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Mail
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53149151494
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Commons Debates
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Commons Debates, vol. 754, c. 1375.
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Commons Debates
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21
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53149091706
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Cato
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Gollancz, esp. chap. 1
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'Cato', Guilty Men, Gollancz, 1940, esp. chap. 1.
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Guilty Men
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23
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24 Dec.
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Sunday Telegraph, 24 Dec. 1967, p. 16;
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Sunday Telegraph
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25
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53149144358
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19 July
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Sun, 19 July 1966, p. 1.
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Sun
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14 Feb.
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Guardian, 14 Feb. 1966, p. 12.
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Guardian
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30
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Commons Debates, vol. 754, c. 1368.
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Commons Debates
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Andre Deutsch
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Henry Brandon, In the Red. The Struggle for Sterling 1964-1966, Andre Deutsch, 1966, p. 114, offers the following: 'After two years of periodic coronary attacks, the heartbeat of the pound, as it is daily registered on the cardiograph of the exchange market, had become steadier.'
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Brandon, H.1
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Mail
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Times
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35
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17 March
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Times, 17 March 1966, p. 13.
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Times
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36
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53149142810
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18 July
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Mail, 18 July 1966, p. 1.
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Mail
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Sun, 24 Nov. 1967, p. 2.
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Sun
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38
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53149087501
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Commons Debates, vol. 754, c. 1162, c. 1263.
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Commons Debates
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39
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53149098660
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Commons Debates, vol. 751, c. 101.
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Commons Debates
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40
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53149135494
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Hamilton, Cape
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R. H. S. Crossman, The Diaries of a Cabinet Minister, Vol. 2, Hamilton, Cape, 1976, pp. 578-9.
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20 Nov.
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Times, 20 Nov. 1967, p. 9.
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Times
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44
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53149117909
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Sir Stafford Cripps
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M. Sissons and P. French (eds), Hodder and Stoughton
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David Marquand, 'Sir Stafford Cripps', in Age of Austerity, M. Sissons and P. French (eds), Hodder and Stoughton, 1963, p. 185.
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Age of Austerity
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Marquand, D.1
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53149083793
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Mail, 22 Nov. 1967, p. 8.
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Mail
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53149148547
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28 Nov.
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Sun, 28 Nov. 1967, p. 6.
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Sun
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47
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14844284115
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23 Nov.
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Guardian, 23 Nov. 1967, p. 10.
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Guardian
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49
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53149142809
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The government's popularity did not recover from these miserable levels until it despatched troops to Northern Ireland in August 1969
-
The government's popularity did not recover from these miserable levels until it despatched troops to Northern Ireland in August 1969.
-
-
-
-
50
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-
53149099744
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21 Nov.
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Times, 21 Nov. 1967, p. 2.
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Times
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51
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53149117506
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20 Nov.
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Express, 20 Nov. 1967, p. 4;
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Express
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52
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53149133591
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20 Nov.
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Mail, 20 Nov. 1967, p. 1.
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Mail
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53
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14844284115
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20 Nov.
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Guardian, 20 Nov. 1967, p. 5.
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Guardian
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54
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53149136734
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20 Nov.
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Sun, 20 Nov. 1967, p. 3.
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Sun
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56
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53149129498
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fifth series
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House of Lords Debates, fifth series, vol. 286, c. 926.
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House of Lords Debates
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57
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20 Nov.
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Sun, 20 Nov. 1967, p. 1. (Report of Cromer's remarks on ITV on 19 Nov.)
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Sun
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-
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59
-
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53149147472
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-
To raise a $1m loan in London after devaluation would require £416,667 as opposed to £357,143 before. Similarly, a New York banker would now only need to raise $1.2m to finance a £500,000 loan, instead of $1.4m. The same principle obviously applied where a British and an American bank competed to lend money in a third currency
-
To raise a $1m loan in London after devaluation would require £416,667 as opposed to £357,143 before. Similarly, a New York banker would now only need to raise $1.2m to finance a £500,000 loan, instead of $1.4m. The same principle obviously applied where a British and an American bank competed to lend money in a third currency.
-
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-
-
60
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53149120351
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Lords Debates, vol. 286, c. 929-30.
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61
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J. M. Dent
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Michael Stewart (The Jekyll and Hyde Years: Politics and Economic Policy since 1964, J. M. Dent, 1977, pp. 84, 34-5), misses some of the point when he suggests that Cromer's motive was revenge for Wilson's defiance of his peremptory demands in 1964 that Labour adopt, in effect, a Tory economic policy.
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The Jekyll and Hyde Years: Politics and Economic Policy since 1964
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Stewart, M.1
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See Wilson, Labour Government, pp. 34-8 for an account of that remarkable confrontation.
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Money Mail
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Mail, 23 Nov. 1967, p. 13.
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Mail
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Mail, 1 Dec. 1967, p. 15.
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Mail
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Sun, 1 August 1966, p. 1.
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Sun, 27 Nov. 1967, p. 10.
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68
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69
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0007084875
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Parliamentary Profiles
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Eccles was Chairman of West Cumberland Silk Mills, and a director of Courtaulds, the synthetic fibres and chemicals giant. Details concerning politicians' business interests are drawn principally from A. Roth and J. Kerbey, Lord on the Board, Parliamentary Profiles, 1972;
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Lord on the Board
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Roth, A.1
Kerbey, J.2
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71
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53149136750
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Lords Debates, vol. 286, c. 942. Aldington's interests in finance included being chairman of Exporters Refinance Co. and National and Grindlays Bank, and director of National and Grindlays Finance and Development Corp., National Discount Co., and London Assurance (which owned insurance companies in Europe, America, Canada and Australia). He also had extensive industrial interests including directorships in steel, engineering, chemicals, potteries, quarrying, mining and shipbuilding. He was chairman of General Electric UK, and United Power Company (Nuclear Energy).
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Lords Debates
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Sunday Telegraph 26 Nov. 1967, p. 16.
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Sunday Telegraph
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