Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 11 March 1947.
Mr. De la Bère:
asked the Chancellor of the exchequer what is the cost to this country in dollars of the shipments of 590,000 tons of U.S. coal by U.N.R.R.A. for Italy; the total shipments of U.S. coal to various countries under U.N.R.R.A. for 1946; and the cost to Great Britain in dollars of such shipments.
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.
