National Crisis and National Government: British Politics, the Economy and Empire, 1926-1932

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Cambridge University Press, Dec 18, 2003 - History - 588 pages
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This book is the first to examine all aspects of the crisis together and in depth using an extensive range of official, institutional and personal papers. It demonstrates that a proper understanding of economic and imperial policies requires a sophisticated grasp of political processes. It shows how explanation of British political change must proceed by placing the power elites in their specific contexts, by exposing their beliefs, fears, objectives and strategies, and by displaying their interactions. The Treasury, the Bank of England, big business, the TUC and Keynes, as well as MacDonald, Baldwin, Lloyd George, Churchill, Mosley and Chamberlain are seen tackling some of the most fundamental problems of the modern British state.
 

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Contents

Introduction
1
Components of crisis
19
The erosion of Conservative predominance
21
THE LIBERAL CHALLENGE
22
LABOUR DILEMMAS
34
THE CONSERVATIVE RESPONSE
43
THE 1929 GENERAL ELECTION
54
Economic and imperial troubles
58
LIBERAL AND CONSERVATIVE CALCULATIONS
299
HENDERSONS INTERVENTIONS
303
THE LABOUR CRISIS
308
A NATIONAL SOLUTION
320
MACDONALDS PERSEVERANCE
325
THE KINGS CONTRIBUTION
333
First effects
344
THE NATIONAL POLICY
360

THE EMPIRE IN DANGER
79
Government and party troubles
92
LIBERALS AND THE BALANCE OF POWER
107
CONSERVATIVE DIVISIONS
118
National crisis
133
THE REACTIONS
142
CRISIS AVOIDED
165
CONSERVATIVE REBELLION
171
Retrenchment and containment
192
LIBERALS TO THE RESCUE
203
THE LABOUR GOVERNMENT SURVIVES
213
Towards a twoparty system
229
TOWARDS A PROGRESSIVE BLOC
234
TOWARDS A CONSERVATIVE BLOC
242
THE LIBERAL SPLIT
249
THE CRISIS
255
THE EUROPEAN BANKING CRISIS
259
THE MAY REPORT
267
NATIONAL GOVERNMENT REVIVED
273
CRISIS POSTPONED?
280
The political crisis August 1931
285
MACDONALDS INITIATIVE
296
THE OPPOSITION
369
The emergency governments crisis September 1931
387
NEW PROBLEMS
401
NEAR DISASTER
413
CRISIS OVERCOME
427
A NATIONAL PLATFORM
433
THE REALIGNED PARTY SYSTEM
445
The defeated
455
LABOUR PERSISTENCE
456
TOWARDS THE EXTREMES
466
KEYNES AND LLOYD GEORGE
470
CONSERVATIVE CRITICS
474
THE AFTERMATH OF DEFEAT
478
The National government
480
SAVING THE EMPIRE
487
MANAGING THE ECONOMY
494
TARIFF REFORM AND CABINET SPLITS
504
Conclusion
516
The personnel
531
Sources
542
Index
557
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