Part of Oral Answers to Questions — Trade and Commerce. – in the House of Commons at on 30 July 1935.
Mr Arthur Caporn
, Nottingham West
asked the Chancellor of the exchequer the number of motor cars and chassis with engines imported into this country from the United States of America during the first six months of 1935; and what action he proposes to take to safeguard British interests?
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.
