Tall, straight and spry when he made his budget speech fortnight ago, Chancellor Neville Chamberlain of the British Exchequer was sorely crippled by a sudden attack of lumbago last week. Slowly, painfully he limped into the Treasury for an important conference with Sir George Ernest May. the actuary who is chairman of Great Britain's important Import Duties Advisory Committee of three.*
Stone by stone Great Britain's new and hastily erected tariff ramparts (TIME, Nov. 30, et seq.) have been explored by these three masons of finance. Their recommendations, which Chancellor Chamberlain promptly...