THORNEYCROFT RESIGNS
Premier Disagrees With Reasons
(N.Z Press
(Rec. 8 p.m.) LONDON, January 7. The Chancellor of the Exchequer (Mr Peter Thorneycroft) and his chief Ministerial aides at the Treasury resigned last night in protest against increasing Government expenditure.
Their resignations, announced from 10 Downing Street, created a full-scale political sensation on the eve of the departure of the Prime Minister (Mr Macmillan) on a six weeks’ tour of the Commonwealth.
The Ministers who left their posts with Mr Thorneycroft were Mr Nigel Birch, Economic Secretary to the Treasury, and Mr Enoch Powell, Financial Secretary to the Treasury. Political quarters said the crisis which led to the resignations came to a head at the week-end Cabinet meetings, which discussed financial estimates for the coming year.
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Press, Volume XCVII, Issue 28479, 8 January 1958, Page 9
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125THORNEYCROFT RESIGNS Press, Volume XCVII, Issue 28479, 8 January 1958, Page 9
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