Douglas Jay
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The Right Honourable The Lord Jay PC |
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|---|---|
| President of the Board of Trade | |
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In office 18 October 1964 – 29 August 1967 |
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| Prime Minister | Harold Wilson |
| Preceded by | Edward Heath |
| Succeeded by | Anthony Crosland |
| Financial Secretary to the Treasury | |
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In office 23 February 1950 – 30 October 1951 |
|
| Prime Minister | Clement Attlee |
| Preceded by | Glenvil Hall |
| Succeeded by | John Boyd-Carpenter |
| Economic Secretary to the Treasury | |
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In office 13 November 1947 – 23 February 1950 |
|
| Prime Minister | Clement Attlee |
| Preceded by | Office Created |
| Succeeded by | John Edwards |
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Member of Parliament for Battersea North |
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In office 25 July 1946 – 9 June 1983 |
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| Preceded by | Francis Douglas |
| Succeeded by | Constituency Abolished |
| Personal details | |
| Born |
Douglas Patrick Thomas Jay March 23, 1907 |
| Died | March 6, 1996 (aged 88) |
Douglas Patrick Thomas Jay, Baron Jay, PC (23 March 1907 – 6 March 1996) was a British Labour Party politician.
Educated at Winchester College and New College, Oxford, Jay won the Chancellor's English Essay in 1927 and gained a First in Literae Humaniores ('Greats') in 1929. He was a Fellow of All Souls between 1930 and 1937. His early career was as an economics journalist working for The Times (1929–33), The Economist (1933–37), and the Daily Herald (1937–41), then as a civil servant in the Ministry of Supply and Board of Trade, from 1943 as personal assistant to Hugh Dalton.
Jay was elected member of Parliament for Battersea North at a by-election in July 1946, and held the seat until the constituency was abolished for the 1983 general election. Alongside Evan Durbin and Hugh Gaitskell, he brought the thinking of John Maynard Keynes to the Labour Party, especially in relation to price determination. Later, his views somewhat mellowed, as he became influenced by the successful operation of rationing during the war. He served as Economic Secretary to the Treasury from 1947–1950, Financial Secretary to the Treasury from 1950–1951 and President of the Board of Trade from 1964 until being sacked in 1967. He was appointed a Privy Counsellor in 1951.
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