Oral Answers to Questions — National Finance. – in the House of Commons at on 5 October 1931.
Mr James Hall
, Stepney Whitechapel and St George's
(for Mr. MACLEAN.) asked the Chancellor of the exchequer if any of the evidence given before the May Committee on National Expenditure was considered of a confidential nature; whether any objection to having the evidence published was minuted by the committee; and, if not, whether, in view of the continued refusal to print the evidence, facilities will be given to Members of Parliament who wish to read the minutes of evidence by having a copy placed in the library?
Mr Philip Snowden
, Colne Valley
The answer to the first part of the question is in the affirmative. The views of the committee in regard to the second part are sufficiently indicated by the fact that, like the Geddes Committee, they did not submit any minutes of evidence along with their report. The answer to the last part of the question is in the negative.
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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.