CHURCHILL’S REPLY
RECORD AS CHANCELLOR LONDON, April 27. Replying to the speech by the Prime Minister, Mr. C. R. Attlee, to the Scottish Trades Union congress, Mr. Winston Churchill said: “Mr, Attlee described me as the most disastrous Chancellor of the century, yet during my tenure of office the cost of living declined, wages remained stable, and the number of employed increased, but in two years of a Socialist Government the rate of unemployment has more than doubled.” Mr. Churchill said he agreed that he had brought Britain back on the gold standard—on the advice of the committee which Viscount Snowden, the Chancellor in the Socialist Government in 1924, appointed and of which Mr. Attlee himself was a member. Also Viscount Snowden in the Financial Times during 1926 had said the facts did not support the impression that the return of the gold standard had been detrimental. Mr. Churchill added: “Mr. Attlee must have been hard pressed to have to go back nearly a quarter of a century to find excuses for the mismanagement and blunders of which he evidently feels his Government guilty.”
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Gisborne Herald, Volume LXXIV, Issue 22316, 29 April 1947, Page 5
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184CHURCHILL’S REPLY Gisborne Herald, Volume LXXIV, Issue 22316, 29 April 1947, Page 5
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