Rise of Neville Chamberlain in January 1924, and Ramsay MacDonald became the first Labour Prime Minister. Chamberlain's majority in Birmingham Ladywood was cut yet again, this time to 1,500 votes. With the Unionists in opposition, Chamberlain managed to broker a reconciliation between his brother (and the other Coalitionists) and the new leadership, and Austen Chamberlain resumed his place on the front benches. The Labour government fell within months, necessitating another general election. Neville Chamberlain was challenged by Labour candidate Oswald Mosley, who later led the British Union of Fascists. Mosley campaigned aggressively in Ladywood; and accused Chamberlain of being a "landlords' hireling". The outraged
Neville Chamberlain Conservatives) won an overwhelming victory, MacDonald designated Chamberlain as Chancellor. Chamberlain proposed a 10% tariff on foreign goods and lower or no tariffs on goods from the colonies and the Dominions. Joseph Chamberlain had advocated a similar policy, "Imperial Preference"; Neville Chamberlain laid his bill before the House of Commons on 4 February 1932, and concluded his address by noting the appropriateness of his seeking to enact his father's proposal. At the end of the speech, Sir Austen Chamberlain walked down from the backbenches and shook his brother's hand. The Import Duties Act 1932 passed Parliament easily. Chamberlain presented his