(British Commonwealth of Nations)
A big, humorous, dynamic statesman is Chancellor of the Exchequer Winston Leonard Spencer Churchill. Last week he could suck his eternal plump cigar contentedly and even smugly over a sheaf of treasury reports. They showed that, with less than a month to go before the fiscal year ends on March 31, there is every prospect that the daring jugglery embodied in Mr. Churchill's present budget (TIME, April 18) will indeed enable him to make ends meet at his estimated total: £834,830,000.
What this means to so zestful a plunger in statescraft as Winston Churchill may be sensed by recalling...