Governing Law
LEIGH-PEMBERTON'S law is a bright coinage in a glum week. The Governor produced it to a group of American bank- ers, one of whom was good enough to pass it to me. It is a law of......
City And Suburban
One-bound Nigel struggles to get free from the market's toils CHRISTOPHER FILDES F at bounder is the Opposition's latest term of abuse for Nigel Lawson — an expression which......
The King Is Dead
THEY NO longer make governors of the Bank of England like Lord Cobbold, who died this week — because the office and the Bank have changed, but also because Cobbold, more than......
Say Thank You
A LESS pugnacious Chancellor would simply pocket the profits of the Issue Department and be grateful. It made £1,362,871,000 last year. (Bank notes are a wonderful business and......
Conspiracy Theory
POLITICIANS in Washington and Lon- don must sympathise with the spokesman of the Republican Party, fighting a presi- dential election under difficulties, in 1932. He complained......
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