– in the House of Commons at on 18 March 1929.
Commander Hon. Joseph Kenworthy
, Kingston upon Hull Central
asked the Chancellor of the exchequer when he will be in a position to announce the conclusions reached by the commission of experts on German reparations; and whether the approval of Parliament will be invited?
Mr Arthur Samuel
, Farnham
I cannot yet forecast the date when the Committee of Experts will make its report. On the second part of the question, I would refer the hon. and gallant Member to the reply given to him by my right hon. Friend the Prime Minister on the 14th November last.
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.
