Chancellor of the exchequer Sentence Examples
An ardent opponent of Catholic Emancipation, he delivered in 1807 a speech on the subject which helped to give the deathblow to the Grenville administration, upon which he became chancellor of the exchequer under the duke of Portland, whom in 1809 he succeeded in the premiership. Notwithstanding that he had the assistance in the cabinet of no statesman of the first rank, he succeeded in retaining office till he was shot by a man named Bellingham, a bankrupt with a grievance, who had vainly applied to him for redress, in the lobby of the House of Commons on the 11th of May 1812.
In May 1762 he was appointed secretary of state, and in October first lord of the admiralty; and in April 1763 he became first lord of the treasury and chancellor of the exchequer.
In February 1852 the Whig government was defeated on a Militia Bill, and Lord John Russell was succeeded by Lord Derby, formerly Lord Stanley, with Mr Disraeli, who now his constant companions were Homer and Dante, and entered office for the first time, as chancellor of the exchequer and leader of the House of Commons.
The queen and Prince Albert wrote to congratulate the chancellor of the exchequer.
It established the chancellor of the exchequer as the paramount financier of his day, and it was only the first of a long series of similar performances, different, of course, in detail, but alike in their bold outlines and brilliant handling.
The Peelites joined him, and Gladstone resumed office as chancellor of the exchequer.
Lord Palmerston became prime minister, and asked Gladstone to join him as chancellor of the exchequer.
In the following month the chancellor of the exchequer produced his second budget.
Lord Aberdeen became prime minister, and Gladstone chancellor of the exchequer.
Lord Derby became prime minister, with Disraeli as chancellor of the exchequer and leader of the House of Commons.Advertisement
In 1845 a Britton Club was formed, and a sum of £1000 was subscribed and given to Britton, who was subsequently granted a civil list pension by Disraeli, then chancellor of the exchequer.
The office of master of the Mint is held by the chancellor of the exchequer for the time being, without salary, but the actual administrative work of the department is entrusted to the deputy master and comptroller.
In 1823 he entered parliament as secretary to the treasury, and in 1827 became chancellor of the exchequer under Lord Goderich; but in consequence of internal differences, arising partly out of a slight put upon Herries, the ministry was broken up, and in 1828 he was appointed master of the mint.
A considerable deficit, of about £16,000,000, was in prospect, and the chancellor of the exchequer aroused misgivings by alluding in a speech to the difficulty he had in deciding what "hen roost" to "rob."
He may have owed his election to Cecil's influence, for to Cecil he subsequently attributed his rise to power; but his brotherin-law Sir Walter Mildmay was well known at court and in 1566 became chancellor of the exchequer.Advertisement
In 1885 he was elected for West Bristol, and the Conservative party having returned to power, became chancellor of the exchequer and leader of the House of Commons.
After Mr Gladstone's brief Home Rule Ministry in 1886 he entered Lord Salisbury's next Cabinet again as Irish secretary, making way for Lord Randolph Churchill as leader of the House; but troubles with his eyesight compelled him to resign in 1887, and meanwhile Mr Goschen replaced Lord Randolph as chancellor of the exchequer.
From 1888 to 1892 Sir Michael Hicks Beach returned to active work as president of the Board of Trade, and in 1895 - Mr Goschen being transferred to the Admiralty - he again became chancellor of the exchequer.
Becoming prominent among the Whigs, Dowdeswell was made chancellor of the exchequer in 1765 under the marquess of Rockingham, and his short tenure of this position appears to have been a successful one, he being in Lecky's words "a good financier, but nothing more."
During Sir Henry Campbell-Bannerman's premiership, Mr Asquith gradually rose in political importance, and in 1907 the prime minister's ill-health resulted in much of the leadership in the Commons devolving on the chancellor of the exchequer.Advertisement
This feature was so stoutly opposed that the bill did not pass, although the chancellor of the exchequer had provided the necessary funds.
A friend of Harley, the duke of Shrewsbury, was first appointed to office, and subsequently the great body of the Whigs were displaced by Tories, Harley being made chancellor of the exchequer and Henry St John secretary of state.
The latter feeling ultimately triumphed; he condescended to accept in the dying days of Grenville's cabinet, and to retain through the "lutestring" administration of Lord Rockingham - "pretty summer wear," as Townshend styled it, "but it will never stand the winter" - the highly paid position of paymaster-general, refusing to identify himself more closely with its fortunes as chancellor of the exchequer.
The chancellor of the exchequer has to take parliament into confidence on his estimates, both as regards revenue and expenditure; and these estimates are prepared by the various departments of the administration.
The chancellor of the exchequer thus was said to "open his budget" when he made his annual statement.Advertisement
In January 1828 he was made chancellor of the exchequer under the duke of Wellington; like his leader he disliked Roman Catholic emancipation, which he voted against in 1828.
In the domain of finance Goulburn's chief achievements were to reduce the rate of interest on part of the national debt, and to allow any one to sell beer upon payment of a small annual fee, a complete change of policy with regard to the drink traffic. Leaving office with Wellington in November 1830, Goulburn was home secretary under Sir Robert Peel for four months in 1835, and when this statesman returned to office in September 1841 he became chancellor of the exchequer for the second time.
In March 1718 he became chancellor of the exchequer.
Downing Street, separating these from the Treasury, contains the official residences of the First Lord of the Treasury and the Chancellor of the Exchequer.
As Chancellor of the Exchequer Mr. Law had to find the money to meet this gigantic cost.
He also appointed another select committee to consider how to control expenditure, the chairman of which, Mr. Herbert Samuel, told him that his fault as a Chancellor of the Exchequer was that he was " too amiable."
But this blot upon the English name was at last removed by Montague in 1694, when he was appointed chancellor of the exchequer.
In January 1823 Vansittart was succeeded as chancellor of the exchequer by Robinson (afterwards Lord Goderich), and Huskisson became president of the Board of Trade.
The Liberals, who complained that their leaders were pursuing a Conservative policy, could at least console themselves by the reflection that, the chancellor of the exchequer was introducing satisfactory budgets.
A period of exception.al prosperity, which largely increased the revenue, enabled a chancellor of the exchequer to boast that the country had drunk itself out of the Alabama difficulty.
Lowe, who had incurred unpopularity by his fiscal measures, and especially by an abortive suggestion for the taxation of matches, was transferred from the exchequer to the home office, and Gladstone himself assumed the duties of chancellor of the exchequer.
The most picturesque appointment was that of Lord Randolph Churchill, who was made chancellor of the exchequer and leader of the House of Commons.
Young William Pitt, then only in his twenty-fifth year, had been chancellor of the exchequer in Lord Shelburne's short ministry, and had refused to enter the coalition government from an honourable repugnance to join Lord North.
Addington consented, and after some delay caused by the king's illness, and by the reluctance of several of Pitt's followers to serve under him, became first lord of the treasury and chancellor of the exchequer in March 1801.
So far he d i d well; and when in 1852 he took office as chancellor of the exchequer in Lord Derby's first administration, the prospect was a smiling one for a man who, striving against difficulties and prejudices almost too formidable for imagination in these days, had attained to a place where he could fancy them all giving way.
His first budget was a quaint failure, and was thrown out by a coalition of Liberals and Peelites which he believed was formed against Mr Disraeli more than against the chancellor of the exchequer.
At the coronation in April 1661 Cooper had been made a peer, as Baron Ashley of Wimborne St Giles, in express recognition of his services at the Restoration; and on the meeting of the new parliament in May he was appointed chancellor of the exchequer and under-treasurer, aided no doubt by his connexion with Southampton.
He remained, nevertheless, a Liberal; and after the franchise question had been settled by what Lowe considered Disraeli's betrayal, and he had been elected the first member for London University, he accepted office again in the Gladstone Cabinet of 1868 as chancellor of the exchequer.
The Chancellor of the Exchequer described the terms as " very liberal but not more liberal than they should be under the circumstances," and stated that Mr Scudamore had estimated that £6,000,000 was the maximum price which the government would have to pay, and that the Postmaster-General would obtain from the telegraphs a net annual revenue of £203,000 at least.