GREAT BRITAIN: Again Noah; Again Whale

Again Noah; Again Whale

Exactly as if nothing had happened, Conservative Leader Stanley Baldwin came out last week for "Empire Free Trade" (TIME, Dec. 2 et seq.). This was his second coming. Originally he was cold toward this scheme concocted by Baron Beaverbrook, Hearstlike press tycoon, but embraced it last spring to prevent a split in Conservative ranks. Three weeks ago he broke absolutely with Baron Beaverbrook (TIME, July 7). Then, last fortnight, came the British Bankers' Manifesto demanding "Empire Free Trade." By the end of last week Mr. Baldwin had...

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