UNIQUE EXPERIENCE.
In this respect Sir Otto Niemeyer has a unique experience which should prove of infinite value to the Bank of England and therefore to the country at large. His career at the Treasury has been a brilliant one, so that before he was forty he became Controller of Finance at the Treasury in succession to Sir Basil Blackett when the latter became Finance Minister in India. During his period of office at the Exchequer, Sir Otto also served as a member of the Financial Committee of the League of Nations, and in one form or another I have little doubt that his connexion with the great work of the Economic section of the League of Nations will be carefully maintained. As he is still a young man and enjoys, in marked degree, the esteem of the banking and financial community with which he has come closely into touch during his tenure of office at the Treasury, Sir Otto Niemeyer 's usefulness to the country will certainly he expanded rather than contracted in the new duties he will be taking up.
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