Consequences
Lloyd George's rashness resulted in the calling of a meeting of Conservative MPs at the Carlton Club on 19 October 1922, which passed a motion that the Conservative Party should fight the next general election as an independent party. This decision had dire ramifications for Lloyd George, as the Conservative Party made up the vast majority of the 1918–1922 post-war coalition. Indeed, they could have made up the majority government if it were not for the coalition. Lloyd George also lost the support of the influential Curzon, who considered that the Prime Minister had been manoeuvring behind his back. Following the Carlton Club decision, the MPs voted 185 to 85 for ending the Coalition. Lloyd George resigned as Prime Minister, never to return as a major figure in party politics.
British and French forces were ultimately withdrawn from the neutral zone in summer 1923, following the ratification of the Treaty of Lausanne.
Read more about this topic: Chanak Crisis
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