Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 8 July 1947.
Sir John Foster
, Northwich
12:00,
8 July 1947
Is the Chancellor aware that, as I understand it, it is quite legal for a non-resident coming into this country to have a certain amount of pound notes, and that these are quite legitimately acquired at a discount rate?
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.
