Political career of Rab Butler: 1929–1941 Political career of Rab Butler: 1929–1941 Richard Austen Butler, Baron Butler of Saffron Walden, (9 December 1902 – 8 March 1982), generally known as R. A. Butler and familiarly known from his initials as Rab, was a prominent British Conservative politician. Butler was elected to Parliament for Saffron Walden in Essex at the 1929 General Election, and soon became a parliamentary assistant to Samuel Hoare, the leading Conservative politician associated with Indian policy. Butler attended the Second Round Table Conference and early in 1932 he visited India on Lord Lothian's Franchise Committee, which recommended an increase in the Indian franchise.
Rab Butler defence spending around the time of the Korean War. Butler correctly predicted a doubling of living standards by 1970. Butler initially planned to let the pound float (in practice, devalue) and become partially convertible ("Operation ROBOT"). ROBOT was struck down by Lord Cherwell and his adviser Donald MacDougall, who prepared a paper for Churchill. The counterargument was that the balance of payments would have worsened, as any reduction in demand for imports would have been swamped by the rise in prices of imported goods. Furthermore, 90% of other countries' sterling balances, kept in London, were to be frozen: they too