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Weekly Chronicle in London, Middlesex

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Weekly Chronicle

Location

London, Middlesex, United Kingdom

Date

Oct 15, 1864

Page

2

Lords Intervene in Staffordshire Colliers Strike

The Staffordshire coal strike, sparked by a wage cut from 5s to 4s 6d, triggers mediation attempts by Lord Leigh. After deputations meet in Birmingham and Dudley, the workers agree to a two week hold, then a month extension, while Lord Leigh urges masters to restore old pay. He provokes leaders, offers money to persuade, and argues for legal economic principles over emotions, urging cooperation rather than strikes for worker advancement.

Staffordshire Lord Leigh Richard Smith Lord Ward Birmingham Mr. Smith Dudley Smith Mr. Corbett Corbett Mr. Griffiths Church Law Physic

Present State and Prospect of the Rate of Discount

Professor Leone Levi delivers the inaugural address at King's College on commercial questions. He traces discounts from ancient rates to modern Bank Charter Act origins, notes rising discount due to harvest shifts and wealth expansion, and highlights exploding joint stock activity across banking, shipping, mining, and rails with vast capital. He warns about credit instruments and profitability sustaining high discounts as trade expands.

Leone Levi Leone Devi King's College Greece Rome Bank of England India Stock Exchange Italy Egypt Brazil Portugal China British Empire United Kingdom
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