Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 8 July 1947.
Mr. Hughes:
Can the Chancellor say how much of this was available for expenditure in hard currencies?
The Chancellor - also known as "Chancellor of the Exchequer" is responsible as a Minister for the treasury, and for the country's economy. For Example, the Chancellor set taxes and tax rates. The Chancellor is the only MP allowed to drink Alcohol in the House of Commons; s/he is permitted an alcoholic drink while delivering the budget.
