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31 Oct 1847

Page 1

Weekly Chronicle in London, Middlesex

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Weekly Chronicle October 31, 1847 Page 1 old newspaper archives

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Newspaper

Weekly Chronicle

Location

London, Middlesex, United Kingdom

Date

Oct 31, 1847

Page

1

The Commercial Crisis The Bank Charter Suspension 1847

In 1847 a financial crisis spurred by bank suspensions and government action is described. Ministers propose to raise bank discounts and enforce high interest to restore confidence, while the Bank of England supports eight percent as minimum discount and anticipates a future indemnity bill. Several banks including North and South Wales Bank suspend payments, with other failures and liquidity strains across Liverpool Manchester Leghorn Genoa and Lisbon areas. The piece notes improved cash inflows from America, warnings about continued disruptions, and government responses to stabilize the currency while preserving convertibility.

MENTIONED IN THIS ARTICLE

Mesara Menterman Rothachild Treasury Lord John Downing Street Her Bank of England Her Majesty Janes Monars H. J. Parscott Exchequer America North and South Wales Bank Liverpool Principality Messrs J. Fairbridge Manchester Salisbury Shaftesbury Hindon Messrs. Brodie Shaftesbury and Hindon Bank Salisbury Bank Brodie and King Messrs. Williams and Co London St. Petersburg C. Riva and Co Fim France Spain Rougemont, Brothers, and Co Lisbon Mesars- Joseph Braswels Aix Ghent Banke P. Vincent Leghorn Genoa Morpurgo and Tedeschi J. L. Valentin D. Guttlers Trieste Ventura Venice Hamburgh St Petersburgh Russia House Thomas, Son Lefevre James William Morley John Russell Lancashire Cherlea Wood Revenue Departments Kent Kraly Crantzs Woon T. L. Hodges
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Dinner to Celebrate the Return of The Radical Deputation to Parliament

A large dinner at the Crown and Anhhor Tavern Strand celebrated the radical triumph in the recent general election. W. Dixon chaired with M.P. O'Connor and others present, but many invited radicals were absent, prompting sharp remarks. Public admission followed, prompting a raucous crowd and heated exchanges over the Charter and Chartist aims.

MENTIONED IN THIS ARTICLE

Crown Anhhor Tavern Strand W. Dixon Manchester O'Connor A. Hall Uxbridge Epps W. P. Robarts M.grath E. Jones J. Harney Bart George Thompson M.P W. J. Fox B. Hall Dr. Bowring England Friends of Democracy Dr. Epps Charles Pearson Whiga P. M'Grath House of Commons R Peel Havin Remai Preas Traatess Lord Palmerston Tiverton Mr. Harney Europe London Tavern Sheriff Cubitt G. Thompsos Carlile Reed Chaminrer Jasane J. D. W. Wire Charles Forbes Dudley Stuart Sir P. Laurie Bethlehem Hospital France Germany Switzerland Wirs Little Hear Theas Brown W. Champneys Jesus Christ J. Wilks Hanwell Lancaster County Asylum Wilkes Rooks Idiot's Educational Association Reid G. Thompson M T. Hall Shariff Cubitt T. B. King
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Inquest Hears Blame On Boiler Valve Failure

Reports from a fatal boiler explosion detail the coroner's findings. The valve and safety gear were described as defective and neglected, with witnesses noting rusted gauges and poorly maintained parts. The verdict blamed improper maintenance and incompetent supervision, and called for accountability.

MENTIONED IN THIS ARTICLE

Nesmyth W. Petrie Richard Booth Aemyth Bury Booth Taylor John Leach
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Also Mentioned on This Page

Messrs. J. P. Howard and Co Colonial Brokers Lyall, Brothers, and Co. Er Howard and Co Robert Gardner Times Epidtox Lispox Peninsular Land Oriental Company Iberia Southampton Cadiz Oporto Vigo Howe Tagus Terrible Castle Belem King Consort Portugal Royal Barre Donna Mana Womswell Worpson Castle Board of Works Prince Consort Duchess of Kent von Amburgh Carter Eton College Royal Castle Prince of Wales Cess Royal Prince Alfred Fonblangne Board of Trades Porter Axtr Gorp Law Bishopsgate Street R. Bennock Bennock Duncan Elizabeth South America Thronton Wittingham Northumberland H. T. Liddell Ealington House Earl OF Clarekdon Bisshope Ireland Godad Cannes I Orpapey Joan Tuam Joan Dzxay Clonfert Dublin Pengaiie Parliament Trevor Rera Sunderland Times Liberal Party Sunderland Barclay Macaulay Barclay, Brothers, and Co Daxzaprot Sutcips Whitecross Street Prisox Richards Epping
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