Word: collet
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Dates: during 1930-1939
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...ultimately arriving at a currency system based on free exchange of gold. . . . We will probably come back to an international monetary standard on the only basis which appears to give general confidence." At this Britain's bankers cheered lustily and with unwonted enthusiasm Governor Montagu Collet Norman of the Bank of England pledged to Mr. Chamberlain that, if only the British Cabinet will adopt a policy of letting British bankers know what they want done instead of keeping them in the dark, "the Government will at all times find us willing, with good will and loyalty, to do what...
Measured praise for Chairman Eccles and his Board was heard last week from none other than Montagu Collet Norman, foxy old governor of the Bank of England, who arrived in Manhattan for one of his hasty U. S. visits. Asked what he thought of the boost in reserve requirement, he replied...
...kerosene-lit apartment, as ex-Governor Moret packed up to leave last week, he found a crinkled prediction penned to him in high excitement four years ago by fox-bearded Montagu Collet Norman who is now in his 15th year as Governor of the Bank of England. "Unless drastic measures are taken to save it, the capitalist system throughout the civilized world will be wrecked within a year," wrote Governor Norman to Governor Moret in 1931. "I should like this prediction to be filed for future reference...
Germany has been saved so often by her foreign creditors at the last moment that these International Bankers were the subject of speculation last week. Was there another rescue in them? In London the staid Financial News inferred from the presence in Manhattan last week of fox-bearded Montagu Collet Norman, Governor of the Bank of England, that he might be organizing a rescue party. After the Nazi assassination of Chancellor Dollfuss (see p. 17). British editors raised a chorus of demands that Germany be left to her fate...
...almost two and a half centuries much has happened to the price of Bank of England stock. Last week, as sprightly Montagu Collet Norman began his 15th term as Governor, it was revealed that the most exciting thing of all happened only last March. At a semi-annual meeting of the court (board) of directors, one E. T. Hargraves announced that after diligent research he had discovered that on March 6 the price of Bank of England stock was the highest in 240 years: 387% of face value,† Highest price prior to that was 367% in 1898; lowest...