By Dick Richardson, Professor Glyn A Stone, Glyn Stone
The turning out to be importance of foreign heritage and kinfolk in recent times has been mirrored in a development of analysis and improvement of latest classes. This number of essays specialize in 3 wide issues: the League of countries and collective safety, difficulties in British overseas coverage, and European/International defense within the interwar years. The booklet, in reminiscence of Esmonde Robertson and George Grün, exotic historians of the London university of Economics, includes papers commissioned from essentially the most ambitious names in foreign background.
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Extra resources for Decisions and Diplomacy: Essays in Twentieth Century International History
Britain’s new-found freedom of action in monetary, financial and commercial policy thus only further reduced the Foreign Office’s role as the co-ordinator of external relations. The Treasury, assuming executive authority for international monetary policy once the gold standard was abandoned, largely eclipsed the Bank of England in the management of sterling. The Board of Trade similarly gained in executive authority with the institution of emergency duties in 1931, a general tariff in 1932, the negotiation of preferences with the Dominions, and the negotiation of trade agreements with foreign countries.
5–16; Wellesley minute, 26 April 1917, FO368/1855, 83820/ f2049, CAB23/3, WC216(10); Wellesley memorandum, 9 March 1918, FO368/ 2036, 62458/fl4578. Llewellyn Smith to Cave Committee, 18 June 1919, CAB27/57, MTC 6th minutes.
20 The Department of Overseas Trade (DOT) satisfied no one. 22 The Foreign Office soon complained of its intervention in the question of consortium lending to China. The Board of Trade similarly took exception to its unannounced decision to negotiate directly with foreign governments on trade finance. 24 The Cabinet, reflecting its business before politics outlook, sympathised with Geddes’s solution. But in view of the complexity of the issue, it elected to institute another inquiry, known as the Committee to Examine the Question of Government Machinery for Dealing with Trade and Commerce, and chaired by the Lord Chancellor, Lord Cave.