Rise of Neville Chamberlain Prime Minister. Chamberlain threw himself into Parliamentary work, begrudging the times when he was unable to attend debates and spending much time on committee work. When Austen Chamberlain, Chancellor of the Exchequer in the continued coalition government led by the Liberal Prime Minister, Lloyd George, tried to recruit him to serve on an additional committee, Neville Chamberlain informed his half-brother that he could only serve if it met between midnight and 7:30 am. Chamberlain took time to assure the future of the Birmingham Savings Bank, and Parliament passed an act which removed onerous restrictions from the bank. In March 1920,
Rise of Neville Chamberlain Conference, Chamberlain presented his first budget, in April 1932. The gold standard had been abandoned in the early days of the National Government; the Bank of England sought its restoration. Chamberlain, on advice from his officials, declined to restore the gold standard, realising that a devalued pound would improve the balance of trade. Otherwise, Chamberlain maintained the severe budget cuts that had been agreed to at the inception of the National Government: Chamberlain cut means-tested benefits and public sector wages, which proved to be an unpopular move. He also cut interest rates, which led to a house-building boom in the