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The Exchequer and the Control of Expenditure (Classic Reprint) - Tapa blanda

Hawtrey, R. G.

 
9781332314027: The Exchequer and the Control of Expenditure (Classic Reprint)

Sinopsis

Excerpt from The Exchequer and the Control of Expenditure

Votes to which they were chargeable, and that the totals of those votes were not exceeded. In discharging this last duty they were not merely criticising the accounting officials but the Board of Admiralty itself. They were seeing that the Board did not break the understanding on which the First Lord had obtained spending authority from Parliament. And the results were reported to Parliament, so that any transgression would be revealed.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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Reseña del editor

Excerpt from The Exchequer and the Control of Expenditure

Votes to which they were chargeable, and that the totals of those votes were not exceeded. In discharging this last duty they were not merely criticising the accounting officials but the Board of Admiralty itself. They were seeing that the Board did not break the understanding on which the First Lord had obtained spending authority from Parliament. And the results were reported to Parliament, so that any transgression would be revealed.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Reseña del editor

Excerpt from The Exchequer and the Control of Expenditure

The British financial system fulfils two distinct functions, administrative and constitutional. The administrative function, being inherent in the working of the Government, is under daily observation; the constitutional function, on the contrary, consists of sanctions and safeguards which, just because they are adequate, remain in the background and do not attract attention. People assume that Parliamentary Government is securely founded on agreement and custom, and they come to regard the procedure through which the responsibility of the executive is ultimately enforceable as an empty ritual. So regarded, it tends to lose its virtue, and there is a danger that infractions, not merely of constitutional usage, but of law, may come to be passed over as tiresome technicalities of no practical significance.

In the present chapter and the next we shall deal with the constitutional side of the financial system, and shall pass to the administrative in Chapter III. To understand the constitutional machine, we must ask the purpose of each part; we must find what was in the minds of those who devised it. In other words we must consult history.

For more than fifty years our financial system has been governed by the Exchequer and Audit Departments Act of 1866. Changes of practice have crept in, and one or two amendments have been made in the Act itself. But substantially the system remains as it was.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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