Britain: Howe It Hurts

Thatcher holds her course

Britain's Chancellor of the Exchequer Sir Geoffrey Howe had barely finished addressing the packed House of Commons when an avalanche of outrage and derision descended. "A catastrophe of the first order for the British people," sputtered Opposition Leader Michael Foot. "Fundamentally wrong in concept and maladroit in detail," complained a fellow Conservative M.P., Peter Tapsell. Said London's staid Financial Times: "An admission of defeat by the government." Blared the tabloid Sun: "Howe it hurts."

The target of the multifaceted protest last week was an 82-page document Howe had extracted from its battered red case: Prime Minister Margaret Thatcher's...

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