Oral Answers to Questions — Capital Levy.

– in the House of Commons am ar 2 Gorffennaf 1925.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Mr Shapurji Saklatvala Mr Shapurji Saklatvala , Battersea North

63.

asked the Chancellor of the exchequer if, in view of the poverty and want existing to-day as a result of unemployment, the Government is prepared to impose a levy on capital for relieving distress amongst the unemployed?

Mr. GUINNESS:

The answer is in the negative, a levy on capital being, in the opinion of the Government, certain to increase unemployment.

Photo of Mr Shapurji Saklatvala Mr Shapurji Saklatvala , Battersea North

Does the Minister realise that the capital of to-day was earned by the working classes yesterday; and as it is now badly needed by the working classes to relieve hunger and distress, are not they morally entitled to help themselves?

Photo of Mr John Whitley Mr John Whitley , Halifax

This is not a time for debate.

Chancellor of the Exchequer

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.

Minister

Ministers make up the Government and almost all are members of the House of Lords or the House of Commons. There are three main types of Minister. Departmental Ministers are in charge of Government Departments. The Government is divided into different Departments which have responsibilities for different areas. For example the Treasury is in charge of Government spending. Departmental Ministers in the Cabinet are generally called 'Secretary of State' but some have special titles such as Chancellor of the Exchequer. Ministers of State and Junior Ministers assist the ministers in charge of the department. They normally have responsibility for a particular area within the department and are sometimes given a title that reflects this - for example Minister of Transport.