Lot 61
  • 61

PARTRIDGE, 'THE ASS THAT SPOKE TOO SOON', INK, 1923

Estimate
500 - 700 GBP
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Description

  • Bernard Partridge
  • The ass that spoke too soon(‘Householder “Thank you so much, sir, for relieving me of this weight.” Chancellor “Not at all; not at all.” [Replaces it with an equivalent burden.]’)
343 by 254mm., pen and ink, signed with initials, inscribed ‘Punch’ and dated ‘9 May 1923’, mounted, framed and glazed

Provenance

EXHIBITED:
‘The Illustrators. The British Art of Illustration 1800-2014’, Chris Beetles Gallery,
November 2014-January 2015, no 81

Literature

Punch, 9 May 1923, page 445

Condition

Condition is described in the main body of the cataloguing, where appropriate.
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue.
NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."

Catalogue Note

In April 1923, shortly before becoming Prime Minister for the first time, Baldwin presented his sole budget as Chancellor of the Exchequer. A short speech on 16 April announced that the unexpected surplus of a little over £100m would go towards repayment of the national debt, that income tax would be reduced by 6d and beer duty reduced by a penny. Although the content of the budget was largely applauded, issues were brought to Baldwin’s attention in the Commons over excessive increases in their income tax based on assessment. On 8 May, Baldwin was informed of cases where leaseholders had had their assessments raised by as much as 60% based on their properties. For many, the increase in assessment rendered the reduction in income tax in the budget irrelevant, as indicated by this cartoon of Baldwin relieving a load from the pack-mule, only to replace it with another.