2-365-786 - The Print Collector/Heritage Images

National Government composed of members from the three main political parties, 1931 (1937). An economic crisis in 1931 led to the resignation of Ramsay MacDonald's Labour government. After talks with the King and the leaders of the Conservative and Liberal parties, MacDonald agreed to lead a National Government with ministers drawn from all three parties in order to balance the budget and restore confidence in the economy. The Labour Party was firmly opposed to the National Government and expelled all its members who joined and supported it, including MacDonald. A print from The Story of Seventy Momentous Years, the Life and Times of King George V, 1865-1936, editor Harold Wheeler, Odhams Press Ltd, London, 1937.