Rise of Neville Chamberlain a half years as Chancellor, directing Britain's financial policies as the nation emerged from the Depression. When Baldwin (who had replaced MacDonald as Prime Minister in 1935) retired in 1937, Chamberlain succeeded him. Chamberlain was born in a house called Southbourne, in the Edgbaston district of Birmingham, England, as the only son of the second marriage of Joseph Chamberlain, who later became Mayor of Birmingham, and who also served as a Cabinet minister. Joseph Chamberlain had fathered two children by his first marriage, Beatrice and Austen. Joseph's first wife, Harriet, died giving birth to Austen; Neville's mother, the former Florence
Neville Chamberlain quickly by keeping economic pressure on Germany through a blockade while continuing rearmament. Chamberlain was reluctant to go too far in altering the British economy. The government submitted an emergency war budget about which Chamberlain stated, "the only thing that matters is to win the war, though we may go bankrupt in the process". Government expenditures rose by little more than the rate of inflation between September 1939 and March 1940. Despite these difficulties, Chamberlain still enjoyed approval ratings as high as 68% and almost 60% in April 1940. In early 1940 the Allies approved a naval campaign that was