27 August 1931
THE JOINT MEETING OF THE TRADES UNION CONGRESS GENERAL COUNCIL, THE NATIONAL EXECUTIVE COMMITTEE OF THE LABOUR PARTY AND THE CONSULTATIVE COMMITTEE OF THE PARLIAMENTARY LABOUR PARTY ISSUED TO-DAY (THURSDAY) THE FOLLOWING MANIFESTO:
A financial crisis, the true causes of which, have not been publicly explained, has brought about the sudden resignation of the Labour Government.
Forces in finance and politics made demands which no Labour Government could accept.
A new Coalition Government, for which the Labour Movement repudiates all responsibility, has been formed. It is a Government of persons acting without authority from the people.
It is determined to attack the standard of living of the workers in order to meet a situation caused by a policy pursued by private banking interests in the control of which the public has no part. It seeks to enforce a complete change in national policy; not because the Nation's resources have suddenly diminished, not because the Nation cannot afford to provide for its unemployed, not because the Budget cannot be balanced, but primarily because financial interests have decided that this country is setting a bad example to other countries in taxing the rich to provide for the necessities of the poor.