ABSTRACT

This volume is not a biography of Montagu Norman (Governor of the Bank of England from 1920-1944). Rather it provides a comprehensive and balanced picture of his policy and work, and in particular the role Montagu Norman played behind the scenes in political developments. The book takes as one of its sources hitherto scarce material from Norman’s evidence before the Macmillan Committee which is reprinted in full in the appendices.

chapter |9 pages

Introductory

chapter |13 pages

A Banking Career

chapter |17 pages

Progress v. Traditions

chapter |12 pages

The Mistake of 1925

chapter |11 pages

Monetary Policy

chapter |10 pages

Central Banking Principles

chapter |15 pages

Central Bank Co-Operation

chapter |10 pages

The “Mystery Man” Myth

chapter |13 pages

Statesman and Diplomat

chapter |9 pages

Gathering Clouds

chapter |11 pages

The Climax

chapter |13 pages

After the Defeat

chapter |10 pages

From Defeat to Triumph

chapter |11 pages

The Future