Baldwin, Rt. Hon. Stanley

From Encyclopediak

Baldwin, Rt. Hon. Stanley (1867-), a British capitalist and statesman, who in May, 1923, succeeded Bonar Law as prime minister of Great Britain. He was displaced by J. Ramsay Macdonald in Jan., 1924, but with the fall of the Labor Party the following November was reelected premier as head of the Conservatives. Of varied interests, generous, high-minded, impulsive, and popular, Mr. Baldwin is of English-Scutch descent and is a first cousin of Rudyard Kipling. In 1908 he entered Parliament. He later became secretary to Bonar Law, and because of useful work in that position he was made financial secretary to the treasury in 1917. In 1921 he entered the cabinet as president of the Board of Trade. Unable to fight in the World War he had his fortune assessed and gave one-fourth of it to the government.