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.
Table of Contents
Preface. 1. Introductory 2. A Banking Career 3. Progress v Traditions 4. The Mistake of 1925 5. Monetary Policy 6. Towards International Stability 7. Central banking Principles 8. Central Bank Co-operation 9. The Mystery Man Myth 10. Statesman v. Diplomat 11. Gathering Clouds 12. The Climax 13. After the Defeat 14. From Defeat to Triumph 15. The Future. Appendix.