Study with us
Includes memoranda, notes, and letters from individuals, mainly Treasury officials, including: Sir Warren Fisher [Permanent Secretary]; Richard Hopkins [Chairman of the Board of Inland Revenue]; Sir Otto Niemeyer [Controller of Finance]; Sir Horace Hamilton [Chairman, Board of Customs and Excise]; Ralph Hawtrey [Director of Financial Enquiries]; James Grigg [Principal Private Secretary to the Chancellor of the Exchequer]; William Brown [Private Secretary to the President of the Board of Trade]; Alfred Hurst; Sir Sydney Chapman [Permanent Secretary, Board of Trade]; Rupert Howorth, Secretary to the Standing Committee on Expenditure; Cornelius Gregg; 1st Lord Stamfordham [earlier Sir Arthur Bigge, Private Secretary to King George V].
Also includes notes and copy letters from WSC to some of those mentioned above and to Prime Minister [Stanley Baldwin]; copy of a speech by the Chairman of Midland Bank Limited, Reginald McKenna, on British and American bank deposits; an article by John Maynard Keynes responding to McKenna; extracts from Committee reports; press cuttings; copy of WSC's budget financial statement.
|Physical:||1 soft bound file in a wallet (245 folios)|
|CHAR 18/40/55-58||Memorandum from WSC to Sir Otto Niemeyer [Controller of Finance, Treasury] marked "Private & Personal To be returned" on subjects including: conversion; the addition of £37 million to the national debt; contrast to the freedom from debt in Germany and France; and WSC's view that the Treasury will be criticised for favouring a 'rentier' class over 'social, moral or manufacturing' interests. He ends by asking Niemeyer to prepare proposals for using forced loans and government bonds as part of taxation to reduce the debt.||26 Jan 1927|
|CHAR 18/40/62||"Midland Bank Limited: Ordinary General Meeting: Friday, January 28th, 1927: Speech of the Right Hon Reginald McKenna, Chairman"||28 Jan 1927|
|CHAR 18/40/68-74||Memorandum from Sir Otto Niemeyer [Controller of Finance, Treasury] to WSC enclosing newspaper cuttings and an extract from the Cunliffe Committee report as background information about [Reginald] McKenna's Federal Reserve theory and summarising the reasons for his opposition to the proposals.||1918-Feb 1927|
|CHAR 18/40/75||Letter from John Maynard Keynes [later Lord Keynes] (King's College, Cambridge) to the Chancellor of the Exchequer [WSC] enclosing his annual article on monetary policy [see
||10 Feb 1927|
|CHAR 18/40/76-77||"Mr McKenna on Monetary Policy" by John Maynard Keynes||12 Feb 1927|
|CHAR 18/40/78-86||"Mr Keynes on Mr McKenna"||18 Feb 1927|