Word: collet
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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...
Every bigwig of London finance was there. Rich peers rubbed shoulders with richer bankers, richest merchants. Tall, stooped Chancellor of the Exchequer, Neville Chamberlain, stalked goutily in, followed by spry, fox-bearded Governor Montagu Collet Norman of the Bank of England. They had all come to the Mansion House, ornate official home of Lord Mayor Sir Percy Greenaway, to dine with him before he is succeeded Nov. 9 by the Lord Mayor-elect, Alderman Charles Henry Collett (TIME. Oct. 9). Speeches after the guests were full of noble viands and rare wines consisted of direct hits by Chancellor Chamberlain...
...prospect of a share in restored prosperity. ... It will be bitterly lost if it is lost through the shortsightedness and practical shortcoming in the attitude of other countries toward the President's experiment." Two days later the Governor of the Bank of England, fox-bearded, deflationist Montagu Collet Norman, served notice on his entire staff that their pay will be cut 10% next March and cut thereafter every March for the next three years. Thus, by implication, Governor Norman set himself more strongly than ever against a policy of British price & wage raising. Indignant clerks in the Bank...
Married. Montagu Collet Norman, 61, longtime (since 1920) Governor of the Bank of England; and Priscilla Cecilia Maria Reyntiens Worsthorne, 33, divorced welfare worker, member of the London County Council, granddaughter of the seventh Earl of Abingdon; furtively, day after announcement of engagement; in London at the dingy Chelsea Registry Office...