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THE TREASURY AS THE CENTRAL DEPARTMENT OF GOVERNMENT, 1919–1939
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Citations
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References
1983
Year
BureaucracyPermanent SecretaryMonetary PolicyPublic PolicyPublic FinanceBusinessBalanced BudgetFiscal StimulusInternational Monetary SystemSir Warren Fisher
Sir Warren Fisher, Permanent Secretary of the Treasury from 1919 to 1939, tried to make the Treasury a ‘general staff’, for all of Whitehall. He was official head of the civil service, and his Department co‐ordinated policy by persuading ministers to decide priorities within a balanced budget. Treasury advice on what policy should be was influential, partly because of the absence of a fully developed Cabinet Office or Prime Minister's Office. Treasury control of expenditure was also necessary to ensure that spending departments conformed to Cabinet decisions on priorities. The Treasury exercised a powerful influence, however, only so long as the Cabinet accepted the financial orthodoxy of balanced budgets.
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