Series
Treasury: Exchange Requirements Committee: Minutes and Papers
Catalogue reference: T 196
What's it about?
T 196
Minutes and papers of the Exchange Requirements Committee
Full description and record details
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Reference (The unique identifier to the record described, used to order and refer to it)
- T 196
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Title (The name of the record)
- Treasury: Exchange Requirements Committee: Minutes and Papers
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Date (When the record was created)
- 1939-1945
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Description (What the record is about)
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Minutes and papers of the Exchange Requirements Committee
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Held by (Who holds the record)
- The National Archives, Kew
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Legal status (A note as to whether the record being described is a Public Record or not)
- Public Record(s)
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Language (The language of the record)
- English
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Creator(s) (The creator of the record)
- Exchange Requirements Committee, 1939-1944
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Physical description (The amount and form of the record)
- 184 file(s)
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Administrative / biographical background (Historical or biographical information about the creator of the record and the context of its creation)
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The Exchange Requirements Committee (ERC) was set up in 1939. Its terms of reference were:
to approve forthwith new proposals involving the expenditure of money in foreign countries by any Government Department, or if they are unable to approve, to report to the Chancellor with recommendations;to proceed as speedily as possible in consultations with the Departments concerned to draw up estimates of requirements in foreign exchange both in the immediate future and over a period of, say, three months ahead.The ERC was constituted in August 1939 and the bulk of its work was the limitation of Government spending in North America. When Lease Lend and Canadian Mutuel Aid started in 1941, ERC sanctions were not required for purchases within the authorised programmes and Departments were allowed some delegated authority.
The committee appears to have lapsed between July 1942 and January 1944. During the inactive period, the ERC seems to have collected statistics and kept records of Departments expenditure in overseas currencies.
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Record URL
- https://beta.nationalarchives.gov.uk/catalogue/id/C13933/
Catalogue hierarchy
This record is held at The National Archives, Kew
Within the department: T
Records created or inherited by HM Treasury
You are currently looking at the series: T 196
Treasury: Exchange Requirements Committee: Minutes and Papers