Oral Answers to Questions — Defence. – in the House of Commons am ar 21 Mehefin 1939.
Mr Ellis Smith
, Stoke-on-Trent Stoke
asked the Chancellor of the Duchy of Lancaster the total value of the manufacturing plant belonging to the Government being used by private firms; and to what extent and on what terms are the firms allowed to use the plant for their own work?
Mr William Morrison
, Cirencester and Tewkesbury
The value of the plant to which I understand the hon. Member to refer may be estimated as about £13,500,000. Under the arrangements made the use of the plant for private purposes would require the assent of the Department concerned and a commercial rent would be payable for such use.
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.