Stanley Baldwin in the context of "Imperial Conference"

Sir Winston Leonard Spencer Churchill (30 November 1874 – 24 January 1965) was a British statesman, military officer, and writer who was Prime Minister of the United Kingdom from 1940 to 1945 (during the Second World War) and again from 1951 to 1955. For some 62 of the years between 1900 and 1964, he was a Member of Parliament (MP) and represented a total of five constituencies over that time. Ideologically an adherent to economic liberalism and imperialism, he was for most of his career a member of the Conservative Party, which he led from 1940 to 1955. He was a member of the Liberal Party from 1904 to 1924.

Of mixed English and American parentage, Churchill was born in Oxfordshire into the wealthy, aristocratic Spencer family. He joined the British Army in 1895 and saw action in British India, the Mahdist War and the Second Boer War, gaining fame as a war correspondent and writing books about his campaigns. Elected a Conservative MP in 1900, he defected to the Liberals in 1904. In H. H. Asquith's Liberal government, Churchill was president of the Board of Trade and later Home Secretary, championing prison reform and workers' social security. As First Lord of the Admiralty before and during the First World War he oversaw the disastrous naval attack on the Dardanelles (a prelude to the Gallipoli campaign) and was demoted to Chancellor of the Duchy of Lancaster. He resigned in November 1915 and joined the Royal Scots Fusiliers on the Western Front for six months. In 1917, he returned to government under David Lloyd George and served successively as Minister of Munitions, Secretary of State for War, Secretary of State for Air, and Secretary of State for the Colonies, overseeing the Anglo-Irish Treaty and British foreign policy in the Middle East. After two years out of Parliament, he was Chancellor of the Exchequer in Stanley Baldwin's Conservative government, returning sterling in 1925 to the gold standard, depressing the UK economy.

The Balfour Declaration of 1926 was issued by the 1926 Imperial Conference of British Empire leaders in London. It was named after Arthur Balfour, who was Lord President of the Council. It declared the United Kingdom and the Dominions to be:

The Inter-Imperial Relations Committee, chaired by Balfour, drew up the document preparatory to its unanimous approval by the imperial prime ministers on 15 November 1926. It was first proposed by South African Prime Minister J. B. M. Hertzog and Canadian Prime Minister William Lyon Mackenzie King.

Appeasement, in an international context, is a diplomatic negotiation policy of making political, material, or territorial concessions to an aggressive power with intention to avoid conflict. The term is most often applied to the foreign policy between 1935 and 1939 of the British governments of Prime Ministers Ramsay MacDonald, Stanley Baldwin and most notably Neville Chamberlain towards Nazi Germany and Fascist Italy. Under British pressure, appeasement of Nazism and Fascism also played a role in French foreign policy of the period but was always much less popular there than in the United Kingdom.

In the early 1930s, appeasing concessions were widely seen as desirable because of the anti-war reaction to the trauma of World War I (1914–1918), second thoughts about the perceived vindictive treatment by some of Germany in the 1919 Treaty of Versailles, and a perception that fascism was a useful form of anti-communism. However, by the time of the Munich Agreement, which was concluded on 30 September 1938 between Germany, the United Kingdom, France, and Italy, the policy was opposed by the Labour Party and by a few Conservative dissenters such as future Prime Minister Winston Churchill, Secretary of State for War Duff Cooper, and future Prime Minister Anthony Eden. Appeasement was strongly supported by the British upper class, including royalty, big business (based in the City of London), the House of Lords, and media such as the BBC and The Times. However, it would be mistaken to say that the policy was not similarly supported amongst the working and middle classes as well, who were not enthusiastic about another war until popular opinion changed following events like Kristallnacht and Hitler’s invasion of rump Czechoslovakia on 15 March 1939, and that at the time of Munich elite endorsement rang in concordance with popular opinion.

Edward VIII (Edward Albert Christian George Andrew Patrick David; 23 June 1894 – 28 May 1972), later known as the Duke of Windsor, was King of the United Kingdom and the British Dominions, and Emperor of India, from 20 January 1936 until his abdication in December of the same year.

Edward was born during the reign of his great-grandmother Queen Victoria as the eldest child of the Duke and Duchess of York, later King George V and Queen Mary. He was created Prince of Wales on his 16th birthday, seven weeks after his father succeeded as king. As a young man, Edward served in the British Army during the First World War and undertook several overseas tours on behalf of his father. The Prince of Wales gained popularity due to his charm and charisma, and his fashion sense became a hallmark of the era. After the war, his conduct began to give cause for concern; he engaged in a series of sexual affairs that worried both his father and the British prime minister, Stanley Baldwin.

Alfred Duff Cooper, 1st Viscount Norwich, GCMG, DSO, PC (22 February 1890 – 1 January 1954), known as Duff Cooper, was a British Conservative Party politician and diplomat who was also a military and political historian and writer.

First elected to Parliament in 1924, he lost his seat in 1929 but returned to Parliament in the 1931 Westminster St George's by-election, which was seen as a referendum on Stanley Baldwin's leadership of the Conservative Party. He later served in the Cabinet as Secretary of State for War and First Lord of the Admiralty. He resigned from the cabinet over the Munich Agreement of 1938.

The Chancellor of the Exchequer, often abbreviated to chancellor, is a senior minister of the Crown within the Government of the United Kingdom, and the head of His Majesty's Treasury. As one of the four Great Offices of State, the chancellor is a high-ranking member of the British Cabinet.

Responsible for all economic and financial matters, the role is equivalent to that of a finance minister in other countries. The chancellor is now always Second Lord of the Treasury as one of at least six Lords Commissioners of the Treasury, responsible for executing the office of the Treasurer of the Exchequer – the others are the prime minister and Commons government whips. In the 18th and early 19th centuries, it was common for the prime minister also to serve as Chancellor of the Exchequer if he sat in the Commons; the last chancellor who was simultaneously prime minister and Chancellor of the Exchequer was Stanley Baldwin in 1923. Formerly, in cases when the chancellorship was vacant, the Lord Chief Justice of the King's Bench would act as chancellor pro tempore. The last lord chief justice to serve in this way was Lord Denman in 1834.

Stanley Baldwin of the Conservative Party formed the second Baldwin ministry upon his reappointment as Prime Minister of the United Kingdom by King George V after the 1924 general election. His second ministry ended following the so-called "Flapper Election" of May 1929.

The 1935 United Kingdom general election was held on Thursday 14 November 1935. It resulted in a second (though reduced) landslide victory for the three-party National Government, which was led by Stanley Baldwin of the Conservative Party after the resignation – due to ill health – of Ramsay MacDonald earlier in the year. It is the most recent British general election to have seen any party or alliance of parties win a majority of the popular vote.

As in 1931, the National Government was a coalition of the Conservatives with small breakaway factions of the Labour and Liberal parties, and the group campaigned together under a shared manifesto on a platform of continuing its work addressing the economic crises caused by the Great Depression. The re-elected government was again dominated by the Conservatives, but, while the National Liberals remained relatively stable in terms of vote share and seats, National Labour lost most of its seats – including that of leader Ramsay MacDonald.