Title:
PP/GC/LE/31 Letter from Sir G.C.Lewis to Henry John Temple, third Viscount Palmerston, on the establishment of telegraphic communication with overseas, work to be undertaken in St James's Park, the state of the money market and the Queen's visit to Paris, 9 September 1855
Date:
09/09/1855
Content:
Letter from Sir George Cornewall Lewis, [second Baronet, Chancellor of the Exchequer], Harpton [Court, Radnorshire, Wales], to Henry John Temple, third Viscount Palmerston: Mr Brett's proposal raises many questions. These are well set out in Palmerston's letter. Lewis has no doubt that it would be a national aim to establish electric telegraph communication with Malta and Alexandria. The communication with Corfu is less important. The matter rests on the price. Before the government can treat, the offer should be more clearly defined. The best way will be to make Brett's letter public and to begin correspondence with him through the Treasury. Lewis will have a Treasury minute prepared. This will be sent to Palmerston and, if he approves of it, will be dispatched. He sees from the newspapers that something has been done in St James's Park. He presumes that Hall will not take any definitive steps without obtaining the sanction of the Treasury. "The measure is one which interests the whole of the London public, and which will be much canvassed." The Governor of the Bank [of England] has written concerning the recent increase in the discount rate. He anticipates pressure on the money market. Consols are very steady. "I have written to him to enquire whether the measures in the export of bullion to the East contemplated by the government are, in his opinion, likely to cause any material inconvenience to the Bank. The military chest in the Black Sea must be kept filled, and the remittances if the Turkish loan ought to be made in bullion. The Queen's visit to Paris is not a mere affair of fetes and pagaents, but it bids fair to form an era in the relations of England and France. What a change it implies in the last sixty years, not only for the Queen of England to be received with enthusiasm at Paris, but for any queen to have a popular oration in the streets along which Louis XVI was so recently led in a cart to the guillotine." He considers the appointment of Hincks to be an excellent idea. It will produce a "great impression in the North American provinces". 9 Sep 1855
Extent:
Two papers
License:
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Subject:
John Watkins Brett, telegraphic engineer, founder of submarine telegraphy
Alexandria, Egypt
Newspapers and the press
Sir Benjamin Hall, first Baronet, President of the Board of Works
Thomas Mattias Weguelin, Governor of the Bank of England
Turkish loan: loan of 500,000 pounds to Turkey to be guaranteed by Britain and France
Victoria, Queen of England
Visit by Victoria, Queen of England to Paris
Louis XVI, King of France, deceased
Execution of Louis XVI, King of France
Sir Francis Hincks, Governor of Barbados and Windward Islands
Finance
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