The Secretary of State for Economic Affairs was briefly an office of Her Majesty's government in the United Kingdom. It was established by Harold Wilson in October 1964. Wilson had been impressed by the six-weeks experiment of a Minister for Economic Affairs in 1947, an office occupied by Stafford Cripps before he was appointed Chancellor of the Exchequer.
Wilson's advisers Patrick Blackett and Thomas Balogh advised him to recreate a new ministry, to be called the Department of Economic Affairs (DEA), in order to drive through his economic plan. Wilson wanted to divide the functions of the Treasury in two, in part to reduce its power. The DEA, as it soon became known, would undertake long-term planning of the economy and industry, while the Treasury would determine short-term revenue raising and financial management. The DEA was therefore tasked with the preparation of a National Plan for the economy, which was published in September 1965.
Critics of Wilson's approach, including Douglas Jay, suspected the main reason for the Department was to appease George Brown, Deputy Leader of the Labour Party. The story (which was true) that Brown finally accepted the job while riding in a taxi with Wilson tended to lead credence to this analysis.
Under Brown the Department had a reasonable degree of influence. However, Brown was moved to the Foreign Office in August 1966, and the two succeeding secretaries of state were not of his rank. The Treasury was able to claw back its power and the Department had become moribund long before it was wound up in 1969.
Famous quotes containing the words secretary of state, secretary of, secretary, state, economic and/or affairs:
“The truth is, the whole administration under Roosevelt was demoralized by the system of dealing directly with subordinates. It was obviated in the State Department and the War Department under [Secretary of State Elihu] Root and me [Taft was the Secretary of War], because we simply ignored the interference and went on as we chose.... The subordinates gained nothing by his assumption of authority, but it was not so in the other departments.”
—William Howard Taft (1857–1930)
“The truth is, the whole administration under Roosevelt was demoralized by the system of dealing directly with subordinates. It was obviated in the State Department and the War Department under [Secretary of State Elihu] Root and me [Taft was the Secretary of War], because we simply ignored the interference and went on as we chose.... The subordinates gained nothing by his assumption of authority, but it was not so in the other departments.”
—William Howard Taft (1857–1930)
“The truth is, the whole administration under Roosevelt was demoralized by the system of dealing directly with subordinates. It was obviated in the State Department and the War Department under [Secretary of State Elihu] Root and me [Taft was the Secretary of War], because we simply ignored the interference and went on as we chose.... The subordinates gained nothing by his assumption of authority, but it was not so in the other departments.”
—William Howard Taft (1857–1930)
“The discovery of Pennsylvania’s coal and iron was the deathblow to Allaire. The works were moved to Pennsylvania so hurriedly that for years pianos and the larger pieces of furniture stood in the deserted houses.”
—For the State of New Jersey, U.S. public relief program (1935-1943)
“Until women learn to want economic independence ... and until they work out a way to get this independence without denying themselves the joys of love and motherhood, it seems to me feminism has no roots.”
—Crystal Eastman (1881–1928)
“I have always thought that one man of tolerable abilities may work great changes, and accomplish great affairs among mankind, if he first forms a good plan, and, cutting off all amusements or other employments that would divert his attention, make the execution of that same plan his sole study and business.”
—Benjamin Franklin (1706–1790)