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 war drawing nearer, moving onward toward the president's office. The London and Southwestern Bank has advanced 200 of its women clerks to the cashier's window. The London City and Midland Bank a year ago promoted a woman to the position of manager of one of its branches. It was the first time that a woman in England had held such a position. Newspaper reporters were hurriedly despatched to Sir Edward Holden, the president, to see about it. But he only smilingly affirmed the truth of the rumour that had spread like wildfire through the city. It was indeed so. And he had no less than thirty more women making ready for similar positions.

Over in France at Bordeaux and at Nancy in both cities the first class graduated from the High School of Commerce after the admission of women, had a woman leading in the examinations. In the same year, 1916, a girl had carried off the first honours in the historic Gilbart Banking Lectures in London. I suppose no other event could have more profoundly impressed financial circles. The Banker's Magazine came out with Rose Esther Kingston's portrait in a half page illustration and the announcement that a new era in banking had commenced. It was the first time that women had been admitted to the lectures. There were some sixty-two men candidates who presented themselves for examination at the termination of the two months' course. Rose Kingston, who outstripped them all, had been for a year a stenographer in the correspondence