Stafford Cripps

Sir Richard Stafford Cripps (24 April 1889 – 21 April 1952) was a British Labour Party politician, barrister, and diplomat.

A wealthy lawyer by background, he first entered Parliament at a by-election in January 1931, and was one of a handful of Labour frontbenchers to retain his seat at the October general election that year. He became a leading spokesman for the left-wing and for co-operation in a Popular Front with Communists before 1939, in which year the Labour Party expelled him. During this time he became intimately involved with Krishna Menon and the India League.

During World War II (1939-1945), he served from May 1940 to January 1942 as Ambassador to the USSR, with major responsibility for building rapport with Hitler's greatest foe. Back in London in early 1942 he became a member of the War Cabinet of the wartime coalition. He tried hard to resolve the crisis in India, but failed in his 1942 "Cripps Mission. His proposals were too radical for Churchill and the Cabinet, and too conservative for Mahatma Gandhi and other Indian leaders. Nonetheless he kept the trust and friendship of V. K. Krishna Menon, allowing him to retain a role in Indian affairs, including as a member of the 1946 Cabinet Mission to India and, ultimately, in having a voice in the selection of the final Viceroy in 1947. From November 1942 he served as Minister of Aircraft Production, an important post, but one outside the inner War Cabinet.

Cripps rejoined the Labour Party in February 1945, and after the war he served in the 1945-1951 Attlee ministry, first as President of the Board of Trade and between 1947 and 1950 as Chancellor of the Exchequer. Labour Party member and historian Kenneth O. Morgan claimed of his role in the latter position that he was "the real architect of the rapidly improving economic picture and growing affluence from 1952 onwards".

The economy improved after 1947, benefiting from American money given through grants from the Marshall Plan as well as from loans. However, the pound had to be devalued in 1949. Cripps kept the wartime rationing-system in place to hold down consumption during an "age of austerity", promoted exports and maintained full employment with static wages. The public especially respected "his integrity, competence, and Christian principles". Provided by Wikipedia