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CHAR 18/2 Official: Treasury: correspondence from WSC (carbon copies).

  Reference Description Date range  
CHAR 18/2/43-45

Copy of a letter from WSC (Treasury Chambers) to [4th Lord Salisbury, earlier Lord Cranborne, Lord Privy Seal] in response to [Salisbury's] paper including: discussion of capitalism, the effect of death duties to mitigate against the creation of the "idle rich", and his belief that the rich are already taxed as much as possible.

Unsigned typescript.

3 folios
9 Dec 1924
CHAR 18/2/60-61

Copy of a letter from WSC to Sir Samuel Hoare [later Lord Templewood], Secretary of State for Air marked "private and personal" on the defence of Singapore, suggesting the use of air power instead of submarines.

Unsigned carbon typescript.

2 folios
12 Dec 1924
CHAR 18/2/62-71

Copy of a letter from WSC to Stanley Baldwin, Prime Minister, explaining his efforts to have a settled financial policy and discussing increased navy estimates and his calculations that they are higher than suggested. He argues that armaments expenditure paralyses government policy in social and industrial reform, tax reduction and borrowing and warns that accepting the navy estimates will lead to electoral defeat; that the Admiralty is preoccupied with unfounded and unlikely threats from Japan; and suggests that the Admiralty should revise its estimates on the basis of no naval war in the next 20 years.

Unsigned carbon typescript.

10 folios
13 Dec 1924