BANK OF ENGLAND
GOVERNOR RE-ELECTED “A MAN OF MYSTERY” (British Official Wireless.) Ree. 10 a.m. RUGBY, April 9. Mr. Montague Norman was to-day re-elected governor of the Bank of England. This makes the eleventh year in which Air. Norman has filled the 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 Air. Norman is almost a man of mystery, as he scarcely appears outside the financial sphere. To financial circles he is the supreme arbiter who ordains the movements of the bank rate, which have been of supreme importance during his time of office.
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Bibliographic details
Poverty Bay Herald, Volume LV, Issue 17231, 10 April 1930, Page 5
Word Count
132BANK OF ENGLAND Poverty Bay Herald, Volume LV, Issue 17231, 10 April 1930, Page 5
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