Geddes's Axe
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Geddes's Axe
The Geddes Axe was the drive for public economy and retrenchment in UK government expenditure recommended in the 1920s by a Committee on National Expenditure chaired by Sir Eric Geddes and with Lord Inchcape, Lord Faringdon, Sir Joseph Maclay and Sir Guy Granet also members. Background During and after the Great War, government expenditure and taxation increased. Taxation per head per annum was £18 in 1919; £22 in 1920; and £24 in 1921. In 1913–14 the Civil Services and Revenue Departments cost £81.3 million; in 1920–21 they cost £523.3 million; and in 1921–22 they cost £590.7 million. The Armed Forces cost around £77 million in the year before the War and approaching £190 million in 1921–22. Similarly, the National Debt and other Consolidated Fund Services increased over the same time from £37.3 million to £359.8 million. In 1921 the Anti-Waste League was formed by Lord Rothermere to campaign against what they considered wasteful government expen ...
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Retrenchment
Retrenchment (french: retrenchment, an old form of ''retranchement'', from ''retrancher'', to cut down, cut short) is an act of cutting down or reduction, particularly of public expenditure. Political usage The word is familiar in its most general sense from the motto for the Gladstonian Liberal party in British politics, "Peace, Retrenchment and Reform." The 1906 Liberal landslide manifesto was launched with this slogan: Expenditure calls for taxes, and taxes are the plaything of the tariff reformer. Militarism, extravagance, protection are weeds which grow in the same field, and if you want to clear the field for honest cultivation you must root them all out. For my own part, I do not believe that we should have been confronted by the spectre of protection if it had not been for the South African war. ... Depend upon it that in fighting for our open ports and for the cheap food and material upon which the welfare of the people and the prosperity of our commerce depend we are fi ...
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Chancellor Of The Exchequer
The chancellor of the Exchequer, often abbreviated to chancellor, is a senior minister of the Crown within the Government of the United Kingdom, and head of His Majesty's Treasury. As one of the four Great Offices of State, the Chancellor is a high-ranking member of the British Cabinet. Responsible for all economic and financial matters, the role is equivalent to that of a finance minister in other countries. The chancellor is now always Second Lord of the Treasury as one of at least six lords commissioners of the Treasury, responsible for executing the office of the Treasurer of the Exchequer the others are the prime minister and Commons government whips. In the 18th and early 19th centuries, it was common for the prime minister also to serve as Chancellor of the Exchequer if he sat in the Commons; the last Chancellor who was simultaneously prime minister and Chancellor of the Exchequer was Stanley Baldwin in 1923. Formerly, in cases when the chancellorship was vacant, ...
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1922 In The United Kingdom
Events from the year 1922 in the United Kingdom. Irish affairs occupied an important place in politics throughout this year. 1922 saw the establishment of the Irish Free State in the south and west of the island. Incumbents * Monarch – George V * Prime Minister - David Lloyd George (Coalition) (until 19 October), Bonar Law (Conservative) (starting 23 October) * Parliament ** 31st (until 26 October) ** 32nd (starting 20 November) Overview The social and political problems of most prominence in this year showed a further departure from those that chiefly occupied public attention during the Great War, and the country had by then almost returned to its normal condition. Prices continued to fall during the early part of the year, but very slowly as compared with the previous decline, and in the latter half of the year the fall ceased almost entirely, prices becoming comparatively stabilized at about 80% above the level of July 1914. Labour problems, which occupied so much att ...
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1921 In The United Kingdom
Events from the year 1921 in the United Kingdom. Incumbents * Monarch – George V * Prime Minister – David Lloyd George ( Coalition) * Parliament – 31st Events January to June * 1 January – Car tax discs introduced. * 8 January – Chequers becomes an official residence of the Prime Minister. * 14 January – Unemployment stands at 927,000. * 17 January – The first recorded public performance of the illusion of "sawing a woman in half" is given by stage magician P. T. Selbit at the Finsbury Park Empire variety theatre in London. * 20 January – Royal Navy K-class submarine HMS ''K5'' sinks in the English Channel with the loss of all 57 crew on board. * 26 January – Abermule train collision: seventeen people are killed when two passenger trains collide head-on in Montgomeryshire. * January – Lord Rothermere's '' Sunday Pictorial'' announces formation of the Anti-Waste League as a political party opposing excessive government expenditure. * 12 February – ...
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1920s Economic History
Nineteen or 19 may refer to: * 19 (number), the natural number following 18 and preceding 20 * one of the years 19 BC, AD 19, 1919, 2019 Films * ''19'' (film), a 2001 Japanese film * ''Nineteen'' (film), a 1987 science fiction film Music * 19 (band), a Japanese pop music duo Albums * ''19'' (Adele album), 2008 * ''19'', a 2003 album by Alsou * ''19'', a 2006 album by Evan Yo * ''19'', a 2018 album by MHD * ''19'', one half of the double album '' 63/19'' by Kool A.D. * '' Number Nineteen'', a 1971 album by American jazz pianist Mal Waldron * ''XIX'' (EP), a 2019 EP by 1the9 Songs * "19" (song), a 1985 song by British musician Paul Hardcastle. * "Nineteen", a song by Bad4Good from the 1992 album ''Refugee'' * "Nineteen", a song by Karma to Burn from the 2001 album ''Almost Heathen''. * "Nineteen" (song), a 2007 song by American singer Billy Ray Cyrus. * "Nineteen", a song by Tegan and Sara from the 2007 album '' The Con''. * "XIX" (song), a 2014 song by Slipkn ...
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1920s In The United Kingdom
Nineteen or 19 may refer to: * 19 (number), the natural number following 18 and preceding 20 * one of the years 19 BC, AD 19, 1919, 2019 Films * ''19'' (film), a 2001 Japanese film * ''Nineteen'' (film), a 1987 science fiction film Music * 19 (band), a Japanese pop music duo Albums * ''19'' (Adele album), 2008 * ''19'', a 2003 album by Alsou * ''19'', a 2006 album by Evan Yo * ''19'', a 2018 album by MHD * ''19'', one half of the double album ''63/19'' by Kool A.D. * ''Number Nineteen'', a 1971 album by American jazz pianist Mal Waldron * ''XIX'' (EP), a 2019 EP by 1the9 Songs * "19" (song), a 1985 song by British musician Paul Hardcastle. * "Nineteen", a song by Bad4Good from the 1992 album ''Refugee'' * "Nineteen", a song by Karma to Burn from the 2001 album ''Almost Heathen''. * "Nineteen" (song), a 2007 song by American singer Billy Ray Cyrus. * "Nineteen", a song by Tegan and Sara from the 2007 album '' The Con''. * "XIX" (song), a 2014 song by Slipknot. ...
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Economic History Of The United Kingdom
The economic history of the United Kingdom relates the economic development in the British state from the absorption of Wales into the Kingdom of England after 1535 to the modern United Kingdom of Great Britain and Northern Ireland of the early 21st century. Scotland, England, and Wales shared a monarch from 1601 but their economies were run separately until they were unified in the 1707 Act of Union. Ireland was incorporated in the United Kingdom economy between 1800 and 1922; from 1922 the Irish Free State (the modern Republic of Ireland) became independent and set its own economic policy. Great Britain, and England in particular, became one of the most prosperous economic regions in the world between the late 1600s and early 1800s as a result of being the birthplace of the industrial revolution that began in the mid-eighteenth century. The developments brought by industrialization resulted in Britain becoming the premier European and global economic, political, and militar ...
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Rupert Gould
Rupert Thomas Gould (16 November 1890 – 5 October 1948) was a lieutenant-commander in the British Royal Navy noted for his contributions to horology (the science and study of timekeeping devices). He was also an author and radio personality. Life Gould grew up in Southsea, near Portsmouth, where his father, William Monk Gould, was a music teacher, organist, and composer. He was educated at Eastman's Royal Naval Academy and then, from 15 January 1906 the Royal Naval College, Dartmouth, being part of the 'Greynville' term (group), and by Easter 1907, examinations placed him at the top of his class. He became a midshipman on 15 May 1907. He initially served on HMS ''Formidable'' and HMS ''Queen'' (under Captain David Beatty) in the Mediterranean. Subsequently, he was posted to China (first aboard HMS ''Kinsha'' and then HMS ''Bramble''). He chose the "navigation" career track and, after qualifying as a navigation officer, served on HMS ''King George V'' and HMS ''Achates' ...
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The Times
''The Times'' is a British daily national newspaper based in London. It began in 1785 under the title ''The Daily Universal Register'', adopting its current name on 1 January 1788. ''The Times'' and its sister paper '' The Sunday Times'' (founded in 1821) are published by Times Newspapers, since 1981 a subsidiary of News UK, in turn wholly owned by News Corp. ''The Times'' and ''The Sunday Times'', which do not share editorial staff, were founded independently and have only had common ownership since 1966. In general, the political position of ''The Times'' is considered to be centre-right. ''The Times'' is the first newspaper to have borne that name, lending it to numerous other papers around the world, such as '' The Times of India'', ''The New York Times'', and more recently, digital-first publications such as TheTimesBlog.com (Since 2017). In countries where these other titles are popular, the newspaper is often referred to as , or as , although the newspaper is of na ...
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Glasgow Herald
''The Herald'' is a Scottish broadsheet newspaper founded in 1783. ''The Herald'' is the longest running national newspaper in the world and is the eighth oldest daily paper in the world. The title was simplified from ''The Glasgow Herald'' in 1992. Following the closure of the ''Sunday Herald'', the ''Herald on Sunday'' was launched as a Sunday edition on 9 September 2018. History Founding The newspaper was founded by an Edinburgh-born printer called John Mennons in January 1783 as a weekly publication called the ''Glasgow Advertiser''. Mennons' first edition had a global scoop: news of the treaties of Versailles reached Mennons via the Lord Provost of Glasgow just as he was putting the paper together. War had ended with the American colonies, he revealed. ''The Herald'', therefore, is as old as the United States of America, give or take an hour or two. The story was, however, only carried on the back page. Mennons, using the larger of two fonts available to him, put it in ...
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Oxford English Dictionary
The ''Oxford English Dictionary'' (''OED'') is the first and foundational historical dictionary of the English language, published by Oxford University Press (OUP). It traces the historical development of the English language, providing a comprehensive resource to scholars and academic researchers, as well as describing usage in its many variations throughout the world. Work began on the dictionary in 1857, but it was only in 1884 that it began to be published in unbound Serial (literature), fascicles as work continued on the project, under the name of ''A New English Dictionary on Historical Principles; Founded Mainly on the Materials Collected by The Philological Society''. In 1895, the title ''The Oxford English Dictionary'' was first used unofficially on the covers of the series, and in 1928 the full dictionary was republished in 10 bound volumes. In 1933, the title ''The Oxford English Dictionary'' fully replaced the former name in all occurrences in its reprinting as 12 ...
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George Peden
George C. Peden (born 1943) is an emeritus professor of history at Stirling University, Scotland. Career Peden was born in Dundee and educated at Grove Academy, Broughty Ferry. He has written about the British Treasury; Keynesian economics; economic aspects of defence and foreign policy; the welfare state, and some recent Scottish economic history. He worked for eight years as a sub-editor of the ''Dundee Evening Telegraph'' before becoming a mature student at Dundee University, graduating MA with first class honours in modern history in 1972. He was a postgraduate at Brasenose College, Oxford, completing his thesis under the supervision of Professor N. H. Gibbs and graduating with a D.Phil. in 1976. He was a research fellow at the Institute of Historical Research in London; a temporary lecturer in history, Leeds University, 1976–1977; lecturer in economic and social history, and then reader in economic history, Bristol University, 1977–1990; and professor of history, ...
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