SPECIAL TELEGRAM.
y March 29 X Sal:'»bury succeeds Derby. The Government policy is hot aggressive, but to prepare for war and hope for peace. The Opposition is expected tb resist thb calling but the reserves^
but the ascendancy of the Premier m the Cabiuet will cause a check. The Bank of England has raised the official minimum 10 per cent. A semi-panic has taken place on the Stock Exchange, owing to the political outloojc. • Consols are extremely depressed; 94j
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Manawatu Times, Volume III, Issue 50, 3 April 1878, Page 2
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79SPECIAL TELEGRAM. Manawatu Times, Volume III, Issue 50, 3 April 1878, Page 2
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