Hugh Dalton

Edward Hugh John Neale Dalton, Baron Dalton PC was a British Labour Party economist and politician who served as Chancellor of the Exchequer from 1945 to 1947. He shaped Labour Party foreignpolicy in the 1930s, opposed pacifism, promoted rearmament against the German threat, and strongly opposed the appeasement policy of Prime Minister Neville Chamberlain in 1938. He served in Churchills wartime coalition cabinet. As Chancellor, he pushed his cheap money policy too hard, and mishandled the sterling crisis of 1947. Daltons 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, but he later returned to the cabinet in relatively minor positions.

NA

Source: Wikipedia