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| | TIME.com: Man with a Four-Seat Margin -- Apr. 30, 1965 -- Page 6 (Site not responding. Last check: 2007-10-11) |
 | | When Wilson named Callaghan as Chancellor of the Exchequer, and then put George Brown in the new post of Minister for Economic Affairs, the immediate result was tension between the two. |
 | | Callaghan's job, after all, required him to keep a cautious eye on the cash available in the Treasury, and Brown's ministry was necessarily dedicated to expansion. |
 | | Between them, Callaghan and Brown worked out most of the details of the austerity budget, and Brown has succeededon paper at leastin getting a considerable number of trade unions and employers to agree in principle to hold the line on wages and prices. |
| www.time.com /time/magazine/article/0,9171,898657-6,00.html (704 words) |
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