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(Untitled), 25 Nov 1924

Reference Code: GBR/0014/CHAR 18/7/79

Scope and Contents

Memorandum by Sir Otto Niemeyer [Controller of Finance, Treasury] to WSC, Chancellor of the Exchequer, commenting on the balance sheet: discussing the effct of reductions in fighting services; estimating higher revenues from the Inland Revenue than forecast; and concluding that the balance sheet is likely to be plus £10-15 millions.Annotated "If the Navy is to be given a blank cheque (which is its demand), Britannia rules the waves is about all there will be left to rule."Typescript signed with initials.


  • Creation: 25 Nov 1924

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Copyright: Crown


1 folio(s)

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Repository Details

Part of the Churchill Archives Centre Repository

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