1858-1923. British Conservative politician,
born in New Brunswick, Canada. He made a
fortune in Scotland as a banker and
iron-merchant, and entered Parliament 1900.
Elected leader of the opposition 1911, he
became colonial secretary in Asquith's
coalition government 1915-16, chancellor of
the Exchequer 1916-19, and Lord Privy Seal
1919-21 in Lloyd George's coalition. He
formed a Conservative Cabinet 1922, but
resigned on health grounds.