Rise of Neville Chamberlain proved to be unsuitable for growing sisal, and the venture failed. Joseph Chamberlain lost £50,000 (approximately £4.2 million today). Neville Chamberlain returned to Britain in early 1897. Neville Chamberlain resided in his father's Birmingham house, Highbury, a large part of which was shut up to save on expenses. His father and half-brother spent much of their time in London, where they were serving in the Lord Salisbury Government. Through a family connection, Neville Chamberlain was made a director of Elliot's Metal Company, which was located within a mile (1.6 km) of Highbury. Chamberlain took a hands-on approach, exploring all aspects
Rise of Neville Chamberlain if he stood and lost, his successor would be badly damaged, Baldwin replied, "I don't give a damn about my successor, Neville." Chamberlain resigned as party chairman, though he continued as head of the Conservative Research Department, which he had founded, until his death. Baldwin did not stand in the by-election, but he retained his position and attacked the press barons as wanting "power without responsibility, the prerogative of the harlot through the ages", and the Conservatives won the election. Baldwin and Chamberlain healed their breach, and Chamberlain helped negotiate the return of the press lords to the Conservative fold.