Gladstone Liberal Union rally at Blackheath attacks finance
In London on January 23 a mass Blackheath meeting drew fewer than expected due to rain. Gladstone spoke over an hour, defending the dissolution of Parliament, attacking Disraeli over foreign policy, and stressing finance reform. He urged economy and local tax reform and proclaimed Liberal Union as the watchword, warning against dissension. Mr Bright supported the policy and plans to address constituents in Birmingham. A denial refutes Gladstone summoned before Queen's Bench. Greenwich election slated for February 3. Ultramontanism discussed in Berlin with praise for American secular education. The Times notes Thompson's remarks. Tichborne case: Hawkins finishes prosecution summing up favoring Lady Radcliffe.
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Senators Push for Currency Unification in Finance Debate
Washington January 28 Senators Bayard of Delaware and Morrill of Vermont spent the morning and continued arguments on the financial resolution. Bayard urged unifying currency by absorbing National bank notes into United States demand notes and criticized paying a premium to retire public debt early. He also called the Treasury secretary’s reissue of 44 million in legal tender reserves a violation of law. Boutwell attended and interrupted but waited for a chance to respond to the criticisms.
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Bayard and Morrill Clash Over Return to Gold Standard
In the Senate debate on resuming specie payments, Bayard denounces paper money and urges a gold standard, arguing legal tender notes are wartime, while Morrill counters with precedent and calls for gradual reduction of currency and reformed banking to restore public credit and honor.
Defalcation in Jersey City shocks citizens and treasurer flees
New York January 28 report details a heavy defalcation in Jersey City as Treasurer Hamilton vanishes amid suspicions of misused funds. Bond discrepancies emerge and a bondman withdraws, prompting Board of Finance to declare the post vacant and name Thomas Earl to fill it. Separate Cambridge elopers arrested for alleged larceny tied to a scheme involving Miss Hackett.
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