First Labour Government

The First MacDonald ministry of the United Kingdom lasted from January to November 1924. The Labour Party, under Ramsay MacDonald, had failed to win the general election of December 1923, with 191 seats, although the combined Opposition tally exceeded that of the Conservative government creating a hung parliament. Stanley Baldwin remained in office until January 1924.

The Conservatives had won the previous general election held in 1922 shortly after the fall of the Lloyd George Coalition when along with their Unionist allies, they had won 344 seats. This seemed a significant enough majority to expect a full parliamentary term. Nevertheless, shortly after the election the Conservative leader Bonar Law died and was replaced by Baldwin, who reneged on his predecessor's electoral pledge not to introduce protective tariffs. Baldwin sought a fresh mandate from the electorate in 1923. The result was decisive, being against protectionism, and it was clear that the Conservatives had lost, despite remaining the largest party. Baldwin had little chance of remaining prime minister when the balance of power was held by the Liberal Party under H. H. Asquith, who had campaigned vigorously for free trade, to the point of healing the rift that existed between the Asquith and Lloyd George factions. Baldwin advised the King to send for MacDonald, since the Labour Party held more seats in the Commons than the Liberals. MacDonald accepted the King's commission later that day, arriving with his Labour colleagues, to the amusement of many and dismay of others, in full court dress.

MacDonald had become Labour's first proper leader in 1922. As well as being Prime Minister, he became his own Foreign Secretary, a dual role which he performed well enough, but which alienated the second man in the party, Arthur Henderson, who became Home Secretary. Philip Snowden, the evangelical ex-member of the Independent Labour Party (ILP) became a rigidly orthodox Chancellor of the Exchequer, while the next two prominent members of the party, Jimmy Thomas and J. R. Clynes, became Colonial Secretary and Lord Privy Seal respectively. The Fabian Sidney Webb, who had, along with Henderson, been instrumental in conceiving Labour's 1918 programme 'Labour and the New Social Order' which had committed the party to nationalisation (Clause IV), was appointed President of the Board of Trade; another Fabian, Lord Olivier, became Secretary of State for India. A former chairman of the parliamentary party, Willie Adamson, became Scottish Secretary, while left-wingers Fred Jowett and John Wheatley became, respectively, First Commissioner of Works and Minister of Health.

...
Wikipedia