Rise of Neville Chamberlain which became the City of Birmingham Symphony Orchestra was initiated. The Lord Mayor persuaded Sir Thomas Beecham to conduct a series of events in Birmingham. The concerts caused Birmingham to be regarded as a cultural centre, and in 1919, the Orchestra was formally founded. Chamberlain established the Birmingham Municipal Bank, the only one of its type in the country, which aimed to encourage savings to pay for the war loan. The bank proved highly successful and lasted until 1976, when it was taken over by Lloyds Bank. Chamberlain was re-elected Lord Mayor in 1916, but he did not complete his
Rise of Neville Chamberlain Bonar Law's ministry "a government of the second eleven". The conflict amongst the Unionists greatly benefited Neville Chamberlain, who rose, over the course of ten months, from backbencher to Chancellor of the Exchequer. Bonar Law appointed Chamberlain as Postmaster General, a ministerial post below Cabinet level. Bonar Law called an election shortly after his accession, which the Unionists won, and Chamberlain was re-elected, though his prediction that his seat was "safe as houses" proved dubious—his majority was reduced to 2,443. In January 1923, Chamberlain granted the first operating licence to the British Broadcasting Company, though he opposed its request to