1887 - 1962
Hugh Dalton Welsh Politician
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About
Hugh Dalton is a member of the following lists: 1962 deaths, People from Neath Port Talbot and Alumni of the London School of Economics.
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Details
First Name |
Hugh
|
Last Name |
Dalton
|
Birthday |
26th August, 1887
|
Birthplace |
Neath, Wales, UK
|
Died |
13th February, 1962
|
Zodiac Sign |
Virgo
|
Nationality |
Welsh
|
Occupation |
Politician
|
Edward Hugh John Neale Dalton, Baron Dalton, PC (16 August 1887 – 13 February 1962) was a British Labour Party economist and politician who served as Chancellor of the Exchequer from 1945 to 1947. He shaped Labour Party foreign policy in the 1930s, opposing pacifism and promoting rearmament against the German threat, and strongly opposed the appeasement policy of Prime Minister Neville Chamberlain in 1938. Dalton served in Winston Churchill's wartime coalition cabinet; after the Dunkirk evacuation he was Minister of Economic Warfare, and established the Special Operations Executive. As Chancellor, he pushed his policy of cheap money too hard, and mishandled the sterling crisis of 1947. His political position was already in jeopardy in 1947, when, he, seemingly inadvertently, revealed a sentence of the budget to a reporter minutes before delivering his budget speech. Prime Minister Clement Attlee accepted his resignation; Dalton later returned to the cabinet in relatively minor positions.