Skip to main content Accessibility help
×
Hostname: page-component-84b7d79bbc-7nlkj Total loading time: 0 Render date: 2024-07-27T22:30:52.122Z Has data issue: false hasContentIssue false

1 - FINANCE AND INVESTMENT 1922–1923

from PART I

Published online by Cambridge University Press:  05 November 2012

Get access

Summary

Although domestic events and policies absorbed some of Keynes's attention during 1920–2, international affairs, most notably the working out of the peace treaties and post-war reconstruction, absorbed most of the time and energy he devoted to public affairs. From late 1922 onwards, however, the focus of his interests began to shift more towards Britain and her problems.

An indication of this shift in focus came with the fall of Lloyd George's Coalition Government, in the midst of talk of an election campaign, following the meeting of Conservative members of Parliament at the Carlton Club on 19 October 1922, and Bonar Law's succession as Prime Minister. Two days after Law assumed office, Keynes spoke to the 95 Club, a Liberal society, in Manchester.

Notes for a speech at the 95 Club, Manchester, 25 October 1922

I believe in the depth and reality of the great traditional divisions between parties,—that they depend on deep principles which are forever reappearing in changing circumstances.

I therefore welcome it with profound relief that the confusions which perhaps inevitably followed the suspension of political controversy during the war have been brought suddenly to an end; and that Liberals can again stand together as Liberals determined to make prevail sooner or later the principles of wise government.

But eight years have passed since we were in this position. Other preoccupations have overwhelmed us. We need therefore a greater intellectual effort than usual to get our principles clearly embodied in a programme.

Type
Chapter
Information
Publisher: Royal Economic Society
Print publication year: 1978

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×