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[" Argus" special.! London, March 29. Lord Salisbury succeeds Lord Derby. The Government policy is not aggressive, but to prepare for war. They hope for peace. The Opposition, it is expected, will resist the calling out of reserves, but the ascendancy of the Premier in the Cabinet will cause a check. Iguatiefi! is at Vienna, and with Count Andrassy is attempting to reconcile England and Russia.. The Bank of England has raised the official minimum three per cent. There was a semi-official panic at the Stock Exchange owing to the political ontlook. Consols are extremely depressed, 94J-.
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Bibliographic details
Nelson Evening Mail, Volume XIII, Issue 79, 2 April 1878, Page 2
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99LATEST EUROPEAN NEWS. Nelson Evening Mail, Volume XIII, Issue 79, 2 April 1878, Page 2
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