Oral Answers to Questions — Transport. – in the House of Commons at on 20 March 1935.
Mr William Hutchison
, Romford
asked the Chancellor of the exchequer whether he will consider as part of the schemes for relieving unemployment the grant of a loan at small interest over a long period, or the guarantee of a loan, to the London and North Eastern Railway Company for electrification purposes, or to the London Passenger Transport Board for a new tube to improve travelling facilities in the East of London, or both?
Mr Duff Cooper
, Westminster St George's
I am not in a position to add anything to the answer given to my hon. Friend on the 6th March by the Minister of Transport.
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.
Ministers make up the Government and almost all are members of the House of Lords or the House of Commons. There are three main types of Minister. Departmental Ministers are in charge of Government Departments. The Government is divided into different Departments which have responsibilities for different areas. For example the Treasury is in charge of Government spending. Departmental Ministers in the Cabinet are generally called 'Secretary of State' but some have special titles such as Chancellor of the Exchequer. Ministers of State and Junior Ministers assist the ministers in charge of the department. They normally have responsibility for a particular area within the department and are sometimes given a title that reflects this - for example Minister of Transport.
