Abstract

Britain's Protective Budget
Hobson, J. A. | May 18, 1932 issue

add to cart   close window

The first budget in Great Britain's new protective era was announced in May, 1932 by Neville Chamberlain, Chancellor of the Exchequer. The budget speech itself gratified nobody. It failed to fulfil any hopes. The wealthy had confidently anticipated a cut in the too high income tax, which they did not get. Economists looked for large reductions in the cost of the civil services, and the announcement of some large conversion loan that would ease the debt burden of £300,000,000 which the taxpayers must find every year and which has grown heavier with the lower price level. Some changes are made by the restriction of the tea duty and a manipulation of sugar duties and subsidy to farmers and imperial producers.

See Also:

BUDGET; CHAMBERLAIN, Neville; INCOME tax; COST control; LOANS; PRICE levels; GREAT Britain
ARCHIVE HOME
Pricing
Articles are sold in 'packs,' which are priced as follows:

1 for 2.95
4 for 9.95
10 for 19.95
50 for 34.95
300 for 149.95
Refund Policy
Sales of archive individual articles, full issues or article packs are final and no refunds will be issued.
Access for libraries
help
Search
Browse
Sample Article

My Articles

You must be logged in to view your articles.

User name

Password

I don't have a login.

I forgot my user name/password.
Advertisement
Advertisement

Blogs

» The Dreyfuss Report

A Kingdom of Bicycles No Longer | China's ambassador for climate change speaks on the eve of the Copenhagen summit meeting.
Robert Dreyfuss
14 Comments
Posted at 9:18 ET

» Act Now!

Coal Country | "This is a civil war."
Peter Rothberg
76 Comments

» The Notion

A Blow to Privatization in Israel (and Perhaps Beyond) | A potentially historic ruling on prison privatization, in Israel.
Eyal Press
29 Comments

» Editor's Cut

Around the Nation | The week we went Rouge. Plus, Moyers on Afghanistan.
Katrina vanden Heuvel
94 Comments

» The Beat

Health Care Bill Advances, as Harry Reid Trumps Sarah Palin | The death panelist-in-chief rallied her followers to "KILL THE BILL." But 60 senators decided to follow the real leader.
John Nichols
134 Comments

» Altercation

Slacker Friday | The "Second Amendment" sale; the raving paranoids of the right.
Eric Alterman