Oral Answers to Questions — Wembley Stadium. – in the House of Commons at on 2 May 1923.
Mr Herbert Spender-Clay
, Tonbridge
(by Private Notice) asked the Chancellor of the exchequer whether there is any truth in the statement which appears in a leading article in the "Times" this morning with reference to the impending visit of His Majesty the King to Rome that "the place of Lord Curzon will be taken by Lord Hardinge of Penshurst, who accompanied King Edward in a similar capacity on so many of his travels"?
Mr Stanley Baldwin
, Bewdley
The statement referred to is without foundation.
The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.
