Irish Church bill causes intense excitement in London
The House of Lords opposition to the Irish Church bill sparks alert from Bright and Gladstone. They expect a last minute government compromise delaying establishment to January 1872 with a lump sum payment and adjusted life interests. A private Reform League letter invites pledge to public mass meetings if the bill fails.
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Financial news shows no relief from Treasury bond purchases
Information from New York Boston Philadelphia and western cities says the money market remains tight despite Treasury disbursements and a three million bond purchase last Saturday. Critics doubt the method relieves trade and favor paying out currency while reducing gold reserves.
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Paris May Move Toward Compromise Amid Political Crisis
Paris reports that deputies in the Corps Legislatif pushing reforms are allied with the government and seek a share in initiative. A compromise is expected to satisfy public opinion as Rouher links reform to safeguards against revolution and to the emperor’s stance.
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