Official: Treasury: Budget 1928-1929: Treasury memoranda and tables, used in the production of the Budget.

Reference code: CHAR 18/71

Part of: CHAR 18
Next record: CHAR 18/72
Previous record: CHAR 18/70

Date: 1927 - 1928

Scope/content:

Includes memoranda, minutes, notes and letters from individuals, mainly Treasury officials, including: Sir Otto Niemeyer [Controller of Finance]; Sir Richard Hopkins [Chairman of the Board of Inland Revenue until 1927, then Controller of Finance and Supply Services]; Cornelius Gregg; Frederick Phillips [Principal Assistant Secretary]; Edward Cunningham [Accountant and Comptroller-General, Customs and Excise]; Sir Alfred Watson [Government Actuary]; Sir Warren Fisher [Permanent Secretary]; Donald Fergusson [Private Secretary to the Chancellor of the Exchequer]; Sir Francis Floud [Chairman, Board of Customs and Excise]; Cyril Hurcomb [Permanent Secretary, Ministry of Transport]; Frederick Leith-Ross [Deputy Controller of Finance]; Sir Ernest Gowers [Chairman of the Board of Inland Revenue from 1927]; William Brown [Private Secretary to the President of the Board of Trade]; 1st Lord Stamfordham [earlier Sir Arthur Bigge, Private Secretary to King George V]; James Grigg [Principal Private Secretary to the Chancellor of the Exchequer].

Also includes copy letters, minutes, and notes from WSC to some of those mentioned above and to King George V, outlining the budget proposals; press cuttings; copy of WSC's budget financial statement.

Subjects covered by the file include: the German economic position; details of government expenditure and revenue; various tax and duty matters.

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Open

Physical: 1 soft bound file (437 folios)
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Contained records

Reference Record Date
CHAR 18/71/10-16 Memorandum from WSC to Sir Otto Niemeyer [Controller of Finance, Treasury] on the economic position of Germany and Great Britain and the negative impact of the rigid policy of the Bank of England, high taxation, poor trade and high unemployment. WSC argues that the policy is unsatisfactory on social, industrial and political grounds; that Germany is in a healthier economic state and that the allies may need to reduce the reparations burden on Germany and that misleading conclusions will be drawn from this. 20 Apr 1927