Oral Answers to Questions — International Currency.

– in the House of Commons at on 11 July 1935.

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Photo of Mr Tom Smith Mr Tom Smith , Normanton

36.

asked the Chancellor of the exchequer whether the opportunity provided by the attendance of the governor of the Bank of England at the recent meeting of the Bank of International Settlement at Basle was used by the Treasury to raise the question of currency stabilisation?

Chancellor of the Exchequer

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.