- Hugh Dalton
Infobox Politician
imagesize=250px
honorific-prefix =The Right Honourable
name=The Lord Dalton
honorific-suffix = PC
order=Chancellor of the Exchequer
term_start =27 July 1945
term_end =13 November 1947
primeminister =Clement Attlee
predecessor =John Anderson
successor =Stafford Cripps
order2=Chancellor of the Duchy of Lancaster
term_start2 =31 May 1948
term_end2 =28 February 1950
predecessor2 = The Rt. Hon. The Lord Pakenham
successor2 = The Rt. Hon. The Viscount Alexander of Hillsborough
order3 = Minister of Town and Country Planning
term_start3 =1950
term_end3 =1951
order4 = Minister of Local Government and Planning
term_start4 =1951
term_end4 =1951
birth_date = birth date|1887|8|26|df=y
birth_place =Neath ,Wales
death_date =death date and age|1962|2|13|1887|8|26|df=y
party=Labour PartyEdward Hugh John Neale Dalton, Baron Dalton PC , generally known as Hugh Dalton (
26 August 1887 –13 February 1962 ) was aBritish Labour Party politician, and Chancellor of the Exchequer from 1945 to 1947. He was implicated in a political scandal involving budget leaks.He was born in
Neath inWales : his father, CanonJohn Neale Dalton was chaplain to Queen Victoria and tutor to the future KingGeorge V of the United Kingdom .Hugh was educated at
Eton College , where he was head of his house, but was disappointed not to be elected to "Pop". After leaving school he went up toKing's College, Cambridge , where his socialist views, then very rare amongst undergraduates, earned him the nickname "Comrade Hugh". He made three unsuccessful attempts at the Secretaryship of the Cambridge Union (the only office generally then contested).He went on to further study at the
London School of Economics and theMiddle Temple . DuringWorld War I , he was called up into theArmy Service Corps , later transferring to theRoyal Artillery . He served as aLieutenant on the French and Italian Fronts and later wrote a memoir of the war called "With British Guns in Italy". He then returned to the LSE and theUniversity of London Fact|date=September 2008 as a lecturer.Political career
Dalton stood unsuccessfully for Parliament four times: at the
Cambridge by-election, 1922 , in Maidstone at the 1922 general election, in Cardiff East at the 1923 general election, and theHolland with Boston by-election, 1924 , before entering Parliament for Peckham at the 1924 general election.At the 1929 general election, he succeeded his wife as Labour MP for Bishop Auckland in 1929 and became a junior
Foreign Office minister in the second Labour Government. As with most other Labour MPs, he lost his seat in 1931, though he was re-elected in 1935. During theWorld War II coalition,Winston Churchill appointed himMinister of Economic Warfare from 1940 and he established theSpecial Operations Executive , and was later a member of the executive committee of thePolitical Warfare Executive . He becamePresident of the Board of Trade in 1942; the future Labour leaderHugh Gaitskell , drafted into the Civil Service during the war, was his Principal Private Secretary.Although a Labour politician Dalton was a strong supporter of Churchill during the crisis of May, 1940, when Lord Halifax and other Conservative supporters of
appeasement in the war cabinet urged a compromise peace.After the Labour victory in the 1945 general election, Dalton had been expected to become Foreign Secretary, but instead the job was given to
Ernest Bevin . Dalton becameChancellor of the Exchequer and nationalised theBank of England in 1946. AlongsideClement Attlee ,Ernest Bevin ,Herbert Morrison andStafford Cripps Dalton was initially seen as one of the "Big Five" of the Labour Government.During this time Britain, whose overseas investments had been sold to pay for the war (thus losing Britain their income), was suffering severe balance of payments problems to pay for the effort of maintaining a global military presence. The American loan negotiated by
John Maynard Keynes in 1946 was soon exhausted, and by 1947 rationing had to be tightened and the convertibility of the pound suspended. In the atmosphere of crisisHerbert Morrison andStafford Cripps intrigued to replaceClement Attlee withErnest Bevin as Prime Minister; Bevin refused to play along and Attlee bought off Cripps by giving him Morrison's responsibilities for economic planning. Ironically, of the "Big Five" it was to be Dalton who ultimately fell victim to the events of that year.Dalton was under great strain. Walking into the House of Commons to give the autumn 1947 Budget speech, he made an off-the-cuff remark to a journalist, telling him of some of the tax changes in the budget, which was printed in the early edition of the evening papers before he had completed his speech, and whilst the stock market was still open. This led to his resignation for leaking a Budget secret; he was succeeded by
Stafford Cripps . Though initially implicated in the allegations that led to theLynskey tribunal in 1948, he was ultimately exonerated.In 1948 he returned to the Cabinet as
Chancellor of the Duchy of Lancaster , then became Minister of Town and Country Planning in 1950, renamed as Minister of Local Government and Planning in 1951. He still had the ear of the Prime Minister, and enjoyed promoting the careers of candidates with potential, but was no longer a major political player as he had been until 1947. He left government after the 1951 General Election.He was president of the
Ramblers' Association from 1948 to 1950 and Master of theDrapers' Company in 1958-59. He was made alife peer as Baron Dalton, of Forest and Friton in the County Palatine ofDurham in 1960.Although Dalton was married and had a daughter who died in infancy in the early 1920s, his biographer
Ben Pimlott suggested that he was a repressed homosexual. As a young man, Dalton was close to the poetRupert Brooke , who died of disease during the Gallipoli campaign, and in later years, he acted as a mentor to various handsome young men - who were almost uniformly heterosexual. One notable beneficiary of Dalton's support wasAnthony Crosland , whom Dalton talent-spotted at the Oxford Union in 1946 and whose selection for a winnable seat for the 1950 General Election Dalton later helped to arrange. Another wasJames Callaghan . [Citations needed] .His papers, including his diaries, are held at the [http://archives.lse.ac.uk/dserve.exe?dsqServer=lib-4.lse.ac.uk&dsqIni=Dserve.ini&dsqApp=Archive&dsqDb=Catalog&dsqCmd=Overview.tcl&dsqSearch=(RefNo='dalton') London School of Economics] .
Contributions in Economics
Dalton substantially expanded
Max Otto Lorenz 's work in the measurement of income inequality, offering both an expanded array of techniques but also a set of principles by which to comprehend shifts in an income distribution, thereby providing a more compelling theoretical basis for understanding relationships between incomes (1920). Following a suggestion by Pigou (1912, p. 24), Dalton proposed the condition that a transfer of income from a richer to a poorer person, so long as that transfer does not reverse the ranking of the two, will result in greater equity (Dalton, p. 351). This principle has come to be known as the Pigou-Dalton principle (see, e.g.,Amartya Sen , 1973). Dalton offered a theoretical proposition of a positive functional relationship between income and economic welfare, stating that economic welfare increases at an exponentially decreasing rate with increased income, leading to the conclusion that maximum social welfare is achievable only when all incomes are equal (Rogers, 2004).References
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*Dalton, H. "The measurement of the inequality of incomes", Economic Journal, 30 (1920), pp. 348-461.External links
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* [http://archives.lse.ac.uk/dserve.exe?dsqServer=lib-4.lse.ac.uk&dsqIni=Dserve.ini&dsqApp=Archive&dsqDb=Catalog&dsqCmd=Overview.tcl&dsqSearch=(RefNo='dalton') Hugh Dalton's papers at LSE Archives]Persondata
NAME = Dalton, Edward Hugh John Neale
ALTERNATIVE NAMES = Dalton, Hugh; Baron Dalton; Dalton, Rt. Hon. Edward Hugh John Neale
SHORT DESCRIPTION =
DATE OF BIRTH = 1887-8-26
PLACE OF BIRTH =Neath ,Wales ,UK
DATE OF DEATH = 1962-2-13
PLACE OF DEATH =
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