23 MARCH 1929, Page 46

COMPTROLLERSHIP OF THE BANK. _Is'inna the time of the announcement

a few months age of the election of Sir Ernist HarVey as-aDirector of the Bank of England and as Deputy Governor for the ensuing year, there has been a good deal of speculation in the City as to who would fill -the high post of Comptrollership, held for -some few- years by- Sir Ernest. The post is, of course, a comparatively- new one, the first to fill it having been Sir . Gordon Nairne, who has previously been chief cashier. When Sir Gordon became a director a few years ago, the post of Comptrollership was again "filled by the then chief cashier, Sir Ernest Harvey, and there wasp of course, little doubt in the City that "precedent would again be followed: Such, I am glad to say, has proved to be the case, the announcement having been made during the past week that Mr. C. P. Mahon, whose signature has become increasingly familiar to the public in recent months through its appearance on the /I and 10s. notes, is to take up the Comptrollership as from the 27th inst.

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