GREAT BRITAIN: Chamberlain's Budget

An obscure happening, ignored by headline writers 22 months ago, kicked open the throttle of a roaring train of events that has carried Rt. Hon. Arthur Neville Chamberlain to first political rank in Great Britain and marked him as Prime Minister James Ramsay MacDonald's probable successor. Last week tall, husky-voiced, smoldering-eyed Chancellor Chamberlain of Britain's Exchequer read to a hushed House of Commons the Empire's first sky-high-tariff budget. That speech was sufficiently historic. The obscure happening 22 months ago was Mr. Chamberlain's discreet success in...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!