Ref NoLSE1254
Alt Ref NoLSE1254
Artist or CreatorDavid Low (1891-1963)
Title or CaptionStar turn in the city
Extent1 item
Published byEvening Standard
Date03 Aug 1945
Embedded text or transcriptLaski: "Ladies and gents, Dalto the Great without more ado will now balance the Bank of England with one hand." Dalton: "Half a mo, Harold, lemme get warmed up"
Person DepictedColonel Blimp; (fictional)
Laski; Harold J (1893-1950); Professor
Dalton; Hugh (1916-1964)
NotesThe General Election had been fought largely on Socialist theory and the personality of the economist Professor Laski. When the Labour Party won, the stock markets remained steady, despite the expectation that Dalton, new Chancellor of the Exchequer, would "make finance the servant of reconstruction" by nationalising the Bank of England. City men knew this would not make much practical difference, since the Treasury already virtually controlled banking policy through "friendly relationships" with the Bank, and the new legislation would just vest that control in the Treasury. [Caption from Low Visibility A Cartoon History 1945-1953 by David Low]
SubjectsChancellor of the Exchequer
hard left wing politics
top hats
City of London
Labour Party policy
Labour Party
Bank of England
Copyright contact detailsNorthcliffe House, 2 Derry Street, London W8 5TT
Relates to cartoonLSE1254

Show related Persons records.

GB/BCA/173Colonel Blimp; (fictional)   
GB/BCA/3408Laski; Harold J (1893-1950); Professor1893-1950   
GB/BCA/185Dalton; Hugh (1916-1964)1916-1964   
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