As long as they were yoked to the same desperation effort, the factions in Britain's Labor Party could think of little else but saving the pound. Now, along with devaluation's bitter, month-long aftertaste, a paroxysm of family infighting has broken out, presenting Prime Minister Harold Wilson with the first serious threat to his leadership in his three-year term in office. Labor's left wing is just spoiling for a squabble over proposals for sharp new spending cuts, expected next month. So defiant and independent have some of Labor's ministers grown, said the Sunday Telegraph, that what Britain now has is...
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