Later Life
Money did not hold ministerial office nor sit in Parliament again after 1918. Therefore, with Lloyd George being forced out as Prime Minister in 1922, his political career was effectively over by the early 1920s. He continued to work as a financial journalist and author, and contributed views in other ways. For example, in 1926 (the year of the General Strike), he criticised as "utterly humourless" a BBC radio talk in which Father Ronald Knox offered an imaginary account of a revolution in Britain that included butchery in St. James's Park, London and the blowing up of the Houses of Parliament. He also published a book of poems.
In his book, The Peril of the White (1925), Money addressed delicate issues relating to the racial make-up of colonial populations and the implications of a declining white European birth rate for their future governance. He maintained that "the European stock cannot presume to hold magnificent areas indefinitely, even while it refuses to people them, and to deny their use and cultivation to races that sorely need them". He emphasised also that "every ... act ... which denies respect to mankind of whatever race will have to be paid for a hundredfold".
By the mid 1930s, Money appeared to be showing some sympathy for the fascist dictators in Europe, regretting in particular Britain's hostility towards Benito Mussolini's Italy. Shortly before the Italian invasion of Abyssinia in 1935, he corresponded with Churchill, praising him, among other things, for the measured tone of a speech in which Churchill had maintained that the quarrel with Italy was not one with Britain, but with the League of Nations. During the Second World War Money deplored British bombing of non-military targets in Germany, citing in 1943 Churchill's own denunciation of a "new and odious form of warfare" a few months before becoming Prime Minister in 1940.
However, in terms of their public profile, these various activities paled into insignificance compared to two rather bizarre episodes involving young women that brought Money into contact with the law. In 1928 he was acquitted of indecent behaviour with a woman in London’s Hyde Park in a case that became a cause célèbre and had some influence on future handling by the police of such cases. Then, five years later, he was convicted on a similar charge following an incident in a railway compartment and fined a total of 50 shillings (£2.50).
Read more about this topic: Leo Chiozza Money
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