Scandalous Crisis

Including: This Scandalous Crisis

3 mentions.

1936 - 2004

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1936 to 2004

three mentions

over 68 years

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Our Budget is balanced; the Chancellor presents a surplus realised and prospective; credit was never higher; the rent of money has fallen to levels rivaling the palmy days of Queen Victoria; the cost of living, in spite of some well-meant efforts to the contrary, remains low relatively to wages; banks are gorged full with unprecedented accumulations;London is again, after the Scandalous Crisis of 1931, and in spite of the treatment to which I have been forced to refer about the American Debt, still regarded as the safest asylum for international credit and for cosmopolitan gold.

My own feeling is that this rather Scandalous Crisis that has arisen has been a direct responsibility of the Government.

I sincerely thank my right hon. Friend for going to Sudan and drawing attention to This Scandalous Crisis.


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