Callaghan, LJ

...The second Wilson government (1974-76) that followed abandoned the radical program in the face of rising inflation, low investment rates, and a foreign exchange crisis, and the emphasis of the "social contract" with the unions shifted from social reform to income restrictions. The currency crisis that occurred under the government of the new party leader Leonard James Callaghan (1912- ) in 1976 was weathered by borrowing from the International Monetary Fund, but the party was forced to restrain public investment and wages, which eventually triggered a series of labor disputes and led to the defeat in the general election of 1979. At that time, one-third of union members voted for the Conservative Party, which led to the historic decline of the Labour Party, and this trend was further strengthened in the general election of 1983, when the party's vote share of 28.3% was the lowest since 1918. ...

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Source | Heibonsha World Encyclopedia 2nd Edition | Information

…つづくウィルソン第2次内閣(1974‐76)は，インフレ進行，低率投資，外貨危機の中で急進的プログラムを捨て，組合との〈社会契約〉もその力点が社会改革から所得制限に移った。76年新党首キャラハンLeonard James Callaghan(1912‐　)の政権下で迎えた通貨危機は，国際通貨基金からの借入れで切り抜けたが，公共投資や賃金の抑制を強いられ，やがて一連の労働争議を誘発し，79年の総選挙で敗退した。このとき組合員の3分の1が保守党に投票したことから労働党の歴史的後退が指摘され，この傾向は83年総選挙でさらに強まり，この年の得票率28.3％は1918年来の最低を記録した。…

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