Macmillan, with bitter memories of his time as MP for Stockton in the 1930s, wanted to be free of what he saw as the economic orthodoxy of the Treasury and Bank of England, and to generate economic growth, a view which he shared with many economic thinkers at the time. He also wanted growth to increase exports, so as to improve the balance of payments without deflation or devaluing the currency. He declined to appoint David Eccles, Iain Macleod or Reginald Maudling, any of whom might have been better qualified to be chancellor, as he wanted a loyal "staff officer". Lloyd, however, warned Macmillan that he wanted to be an orthodox chancellor.