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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Weekly Chronicle
Location
London, Middlesex, United Kingdom
Date
Jun 18, 1864
Page
2
A critical editorial laments that elite schools like Eton Harrow and Rugby fail to teach true governance. It argues noble heirs and their sisters expose education gaps as careers in statesmanship demand real knowledge. It warns the governing class must reform or lose leadership.
The piece notes a temporary check on rapid joint stock formation after a Bank rate rise. It argues against blanket condemnation of new ventures, urges careful discrimination between sound and speculative schemes, and discusses business cycles, past manias, and lessons from California gold and cotton shortages shaping cautious optimism.
A Daily News editorial argues the public should favor solid joint stock banks and financial institutions over risky ventures like mines and foreign loans. It warns against mania and highlights the need to protect capital, while praising enterprise and cautions against excessive speculation that harms the weaker classes.
In the House of Lords Lord Brougham notes Nottingham petition fearing the proposed amendment could shut county courts by removing the power of commitment. Judges largely oppose abolition. 900,000 annual plaints with few imprisonment cases, urging careful review before passage. Also reports Mr E Hall killed in a railway accident with £500 awarded to his family and others entitled to similar compensation.
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