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 Conference, Chamberlain presented his first budget, in April 1932. The gold standard had been abandoned in the early days of the National Government; the Bank of England sought its restoration. Chamberlain, on advice from his officials, declined to restore the gold standard, realising that a devalued pound would improve the balance of trade. Otherwise, Chamberlain maintained the severe budget cuts that had been agreed to at the inception of the National Government: Chamberlain cut means-tested benefits and public sector wages, which proved to be an unpopular move. He also cut interest rates, which led to a house-building boom in the