VALEDICTORY

Evening Post, Volume CXII, Issue 86, 8 October 1931, Page 13

VALEDICTORY

(From "The Post's" ReprtiMtatWc.) LONDON, 4th September. Mr. Philip Sriowden, Chancellor of the Exchequer, has announced his intention to retire f r'omr public -life as soon as the financial crisis is over. In making this announcement he pointed out that his decision had no bearing on the present political situation. He had intimated to the Prime Minister four months ago that when the Budget was through and he had carried out a large conversion operation he would ask to be relieved of office. , . , "When the international financial crisis arose," said Mr. Snowden, "I felt it my duty to stay in office until I had seen these difficulties through. My decision, therefore, has nothing whatever to do with recent events." Mr. Snowdeu lias written to his constituency, Colnc Valley, as follows:—" ' "I have intended ,ever since I 10----covciccl from my recent illness to inform you that it will not be possible for me to seek election to tho next Parliament. Although I have had a remarkable recovery,-1 am compelled to realise that, at my ago (I am turned 67) I caunot expect to bo able to continue- the strenuous, life I have lived for tho ln.st forty years. I must seek relief from tho" arduous work of the House of Commons, with its long hours and late sittings." ■ Mr. E. J. Heywood,. regretting. Mr. Sn&wden 's soverance from the constituency, replied: ''Whatever be_ the outcome of the present political situation, myself, along with others in tho Colne Valley and the country, mil reverence your work of the past, and the noble part you havo played both in and outside Parliament."