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It is no part of my job as Chancellor of the Exchequer to put before the House of Commons proposals for the expenditure of public money. The function… - Philip Snowden, 1st Viscount Snowden
" "It is no part of my job as Chancellor of the Exchequer to put before the House of Commons proposals for the expenditure of public money. The function of the Chancellor of the Exchequer, as I understand it, is to resist all demands for expenditure made by his colleagues and, when he can no longer resist, to limit the concession to the barest point of acceptance.
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About Philip Snowden, 1st Viscount Snowden
Philip Snowden, 1st Viscount Snowden (18 July 1864 – 15 May 1937) was a British politician, and the first Labour Chancellor of the Exchequer.
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They were told that Cobdenism was dead. ... Cobdenism was never more alive throughout the world than it was to-day. ... To-day the ideas of Cobden were in revolt against selfish nationalism. The need for the breaking down of trade restrictions, which took various forms, was universally recognized even by those who were unable to throw off those shackles.
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