BANK OF ENGLAND.
GOVERNOR RE-ELECTED. (British Official Wireless.) RUGBY, April 9.Rt. Hon. - Montagu Norman was to-day re-elected Governor of the Bank of England. This makes the eleventh year in which Mr Norman has filled tire office of governor, to which he was' first elected in 1920. Prior to 1914 the governorship was held in rotation, and never for more than a year, unless in exceptional circumstances. The late Lord Cunliffe was the first to break this unwritten law. To the general public Mr Norman is almost 'a man of mystery, as he scarcely appears outside the financial sphere. To financial circles lie is a supreme arbiter, who ordains the movements of the bank rate, which has been of supreme importance during his timo of office.
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Bibliographic details
Manawatu Standard, Volume L, Issue 114, 10 April 1930, Page 7
Word Count
125BANK OF ENGLAND. Manawatu Standard, Volume L, Issue 114, 10 April 1930, Page 7
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