With Britain heading into its sixth economic crisis since war's end, Prime Minister Macmillan and his Cabinet for weeks have been promising tough, bold, imaginative action. Home Secretary Rab Butler ringingly proclaimed that the government would "lead the nation in calling for moral values to emerge instead of materialistic appetites." Accused of excessive complacency, Harold Macmillan himself loftily intoned: "When you hear the announcement, you wall not think we have been complacent." In the House of Commons, Chancellor of the Exchequer Selwyn Lloyd portentously lectured that "none of us must be...
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