Changing politcal landscape - Conservative failure 1924-1929

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What was the unemployment percentage in 1924
11%
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What was the 1925 Gold Standard?
In 1925 Winston Churchill tied the value of the pound to the value of gold
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What was the effect of the gold standard?
The pound was overvalued by 10% as a result British exports became more expensive and less competitive
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how much did coal exports decrease by?
247 Tonnees a year to 190 tonnes
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How did the government try amend this?
The Samuel comission proposed wage cuts to coal miners by 13%
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How did the miners respond to wage cuts?
The TUC ( Trade Union Congress ) began planning for a General strike and started negotationating with Government
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Why did Negotiations between TUC and Government break down?
Print workers refused to publish an article in the daily mail stating that the strikes were an act of revolution
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How many coal miners went on strike?
1.75 million
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How long did strikes last for?
9 days
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What was the famous slogan during the strikes?
Not a penny off the pay not a minute on the day
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Why did the strikes fail?
The government had been preparing for over 9 months. They created the Maintence Of Supplies which was formed ov volunteers to keep trains running.
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What did Historian Laybourn say about the strikes?
"In no significant way could the General Strike be considered a turning point or watershed in British industrial history."
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Other cards in this set

Card 2

Front

What was the 1925 Gold Standard?

Back

In 1925 Winston Churchill tied the value of the pound to the value of gold

Card 3

Front

What was the effect of the gold standard?

Back

Preview of the front of card 3

Card 4

Front

how much did coal exports decrease by?

Back

Preview of the front of card 4

Card 5

Front

How did the government try amend this?

Back

Preview of the front of card 5
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