Scenes outside no 10 after 1931 cabinet resigned P 8804a Box 35 Date 1931 As Sterling plumetted and Britain lurched from one finacial crisis to another the first ever Labour government was forced to accept defeat On the 24th of August 1931 the cabinet resigned and a new all party coalition government took over The Prime Minister Ramsey Macdonald retained his position however to the derision of his fellow Labour MP s His decision whether right or wrong to abandon the Labour Party split party unity and sent Labour into deep crisis A fact for which Macdonald is not fondly remembered in Labour
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Scenes outside no 10 after 1931 cabinet resigned P 8804a Box 35 Date 1931 As Sterling plumetted and Britain lurched from one finacial crisis to another the first ever Labour government was forced to accept defeat On the 24th of August 1931 the cabinet resigned and a new all party coalition government took over The Prime Minister Ramsey Macdonald retained his position however to the derision of his fellow Labour MP s His decision whether right or wrong to abandon the Labour Party split party unity and sent Labour into deep crisis A fact for which Macdonald is not fondly remembered in Labour Party history Y2K Politics dtgu2