Crisis of That Year

1857 to 1938

three mentions

over 81 years

But in 1847, during the commercial Crisis of That Year, when it became requisite for the Government to authorise the Bank, if the necessity should arise, to exceed the limits fixed by the Act of 1844, Sir Robert Peel, in the discussion which arose, delivered his opinions more fully on the subject than he had previously done, and he gave a definition, corrected by experience, of his own views as to the objects of the Act of 1844, which, as it contains an authentic exposition of his opinions, I trust the Committee will permit me to read.

_{Bank Issues Indemnity Bill.}

THE CHANCELLOR OF THE EXCHEQUER (Sir George Cornewall Lewis, Bt) - Dec. 4, 1857

I agree with the Chancellor of the Exchequer that the Crisis in That Year was not due to hon. Members opposite or the Labour Government.

_{Orders Of The Day — Defence [Loans].}

Lieut.-Colonel Kerr - Feb. 18, 1937

It was far more the state of our balance of trade than the temporary unbalancing of the Government's Budget which was responsible for the Crisis of That Year.

_{Board Of Trade.}

Mr. Amery - June 15, 1938

1939 to 1955

four mentions

over 16 years

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I would stress that point, because, in 1931, there were a great many alterations made as a result of the financial Crisis of That Year to a whole series of different allowances, but this particular allowance has never been changed.

_{(Deduction In Respect Of Dependent Relatives.)}

Captain Crookshank - June 29, 1939

It was the rise in prices following the re-armament programme that helped to close the dollar gap, and it was the fall after the spring of 1951 which led to the sterling Crisis of That Year.

_{Orders Of The Day — Commonwealth Economic Conference}

Mr. Richard Adams - Feb. 3, 1953

After the economic Crisis of That Year, the number of schemes declined steadily, but the interesting fact is revealed that after 1933, despite that fall in the total number of schemes, the number of employees affected increased.

_{Co-Partnership Schemes}

Mr. Raymond Gower - Jan. 28, 1955

The hon. Gentleman was at great pains to say that in 1951, his hon. Friends on the Government side of the Committee had been protesting that action was not being taken in time to deal with the economic Crisis of That Year, and that the Purchase Tax - the hon. Gentleman implied - should have been increased.

_{(Purchase Tax.)}

Mr. Donald Chapman - Nov. 16, 1955

1957

two mentions

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I would not deny that the boom in investment in 1955 helped to create the Crisis of That Year, but it is very unfair to put all the blame on investment which, when all is said and done, the Lord Privy Seal did his very best to encourage.

_{Budget Proposals And Economic Situation}

Mr. Gaitskell - April 15, 1957

The authorisations by the Labour Government of the day, after the Barnes plan was dropped in the financial Crisis of That Year, amounted to less than £20 million.

_{Orders Of The Day — Roads Programme}

The Minister of Transport and Civil Aviation (Mr. Harold Watkinson) - July 22, 1957