Rise of Neville Chamberlain 1934 and he was still fundraising as Prime Minister. Stating that he was painfully aware of the defects of his own education, he played a part in the establishment of the University of Birmingham, of which Mason Science College became a part. Joseph Chamberlain became the University's first chancellor; Neville Chamberlain was appointed to its Council and later to its Board of Governors. Though he declared himself uninterested in politics, Chamberlain supported his father's views loyally. He made speeches in support of British policy towards the Boers and when the Boer War broke out, supported the British war effort. During
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