COMMONWEALTH (British Commonwealth of Nations)
When Chancellor of the Exchequer Winston Churchill presented his last budget (TIME, May 3), Great Britain was on the verge of her greatest industrial travail of the present century, the vast and paralyzing general strike (TIME, May 10 et seq.) and the long drawn out nagging coal strike which began at the same time and dwindled to a close TIME, Nov. 29) without ever being formally "settled." What effect have these two stupendous, unprecedented strikes had on the exchequer? How deep must British taxpayers dig into their...
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