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Form F. R. 131
BDARD DF GOVERNORS
DF THE

FEDERAL RESERVE SYSTEM

Office Correspondence
To

Chairman Ecdes

From

Date

October

Subject:

Mr* Golden weisei

I attach extracts from Viscount Snowdenfs book on Mr. Lloyd
George1 s "New Deal11, and from a recent newspaper account of
Montagu Norman1s speech. This testimony, both from the side of
the Treasury and from the side of the Bank, about the close relationship between the Bank of England and the Government is
quite conclusive.



This file contained a transcript of a copyright-protected article that has been removed.
The citation for the original is:
Philip Snowden Snowden, Viscount. Mr. Lloyd George’s “New Deal.” London: Nicholson &
Watson, 1935, p. 41.




This file contained a transcript of a copyright-protected article that has been removed.
The citation for the original is:
New York Times, [Extract from Remarks by Montagu Norman, Governor of the Bank of England,
at the Annual Bankers Dinner at the Mansion House on October 6, 1936], October 7,
1936.