Show cripps gets tough sir stafford cripps british finance boss lost no time in bringing home to the people the import of devaluation of the pound sterling as an effort toward the count rys financial problems his labor government raised the tax on business profits and threatened to restrict dividends by law in defending the devaluation move at an emergency session of parliament at the same time the government rejected any pay raise proposals declaring this must be done to prevent an inflationary spiral cripps made these moves as he opened the cabinets appeal for a vote of confidence from the parliament |