Alfred Harmsworth Solvency Or Downfall

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In Solvency or Downfall: Squandermania and Its Story, Harmsworth outlines his issues with domestic economic policy with regards to the high tariffs and excises levied to cover what he believes to be the wasteful actions of public administration and the folly of the agenda of the Labour Party. He wrote that “except for a comparatively few people, this country cannot continue to sustain a standard income tax of six shillings in addition to the heavy Customs, Excise, and other dues, and to the huge rise in local rates.” Now from the aristocracy’s perspective the economy would likely be in a poor state if they were removed from its administration as they were by the aforementioned 1911 Parliament Act, but Rothermere had further complaints with …show more content…
He was born Harold Sidney Harmsworth in London on April 26th, 1868 to Alfred Harmsworth and Geraldine Mary Maffett. Alfred Harmsworth was a relatively unsuccessful barrister, and died unremarkably in 1889 while Harold and many of his siblings were still relatively young. His older brother, Alfred Harmsworth who would become the 1st Viscount Northcliffe, went into the newspaper business starting as a freelance journalist and began to purchase and revive dying publications under his company Amalgamated Press. Alfred brought in Harold to the newspaper business for his aptitude for business matters. A relationship was formed that would prove to create the largest publication periodical empire in the world. He had 14 siblings, 5 of whom would come to some degree of notoriety as well: Cecil Harmsworth who would become the 1st Baron Harmsworth, Sir Leicester Harmsworth who would be 1st Baronet, Sir Hildebrand Harmsworth who became 1st Baronet, and St John Harmsworth who would purchase and establish the fledgling Perrier sparkling water brand in France and bring it to success. All of whom had some degree of involvement in the Amalgamated Press and later Associated Newspapers in one role or another. For the purpose of this inquiry, of Rothermere’s family, only Northcliffe holds much importance to the development of his fortune and political

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