26 MARCH 1932, Page 32

The remarkable progress which has been made in recent years

by the Abbey Road Building Society may be said to have received official recognition and approval by the presence of the Prime Minister of a National Government at the ceremony of opening the new headquarter premises on Friday of last week. The Abbey Road'uilding Society is, of course, in its essence a commercial proposition, but like other under- takings of its kind; when soundly and efficiently conducted, the movement becomes something in the nature of a national asset, and the President, Sir Josiah Stamp, the Managing Director, Sir Harold Hellman, and, indeed, the Board of Management must have been gratified' by the testimony, offered in the speeches hest Friday by such men as the • Prime Minister, Viscount Hailsham, •and the- Chairman of the National Savings Committee to- the,•good work done by the Society.