“Continuing high unemployment, the legacy of the General Strike and the Trade Disputes Act, and a long period in power had weakened the Baldwin Government, for which Churchill had some responsibility. Yet once more he was fortunate in his defeat: he would not have wanted to be chancellor of the Exchequer during the Wall Street Crash later that year.”

“Continuing high unemployment, the legacy of the General Strike and the Trade Disputes Act, and a long period in power had weakened the Baldwin Government, for which Churchill had some responsibility. Yet once more he was fortunate in his defeat: he would not have wanted to be chancellor of the Exchequer during the Wall Street Crash later that year.”

— Andrew Roberts