Abstract
When Austen Chamberlain’s Finance Bill received Royal Assent on 4 August 1920, it seemed that financial ‘normality’ had at last returned after six years of war and consequential disruption. The budget had been balanced; extraordinary wartime expenditure had ceased.
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Notes
Keith Laybourn, The Evolution of British Social Policy and the Welfare State (Keele 1995), p. 192.
Sir George Mallet and C.O. George, British Budgets, 3rd series, 1921–22 to 1932–33 ( London, 1933 ), Table vii.
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© 1999 Roy Douglas
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Douglas, R. (1999). Between the Wars. In: Taxation in Britain since 1660. Palgrave Macmillan, London. https://doi.org/10.1057/9780230375260_11
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DOI: https://doi.org/10.1057/9780230375260_11
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