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THE TABLET A W eekly Newspaper and Review DUM VO B IS G R A TU L AM U R , A N IM O S ET IAM ADDIM U S U T IN INCCEPTIS V E S TR IS CON S TAN TER M AN E A T IS . From the Brief of H is Holiness to T he T ablet, June 4, 1870. Vol. 47. No. 1879. L o n d o n , A p r i l 15, 1876. P r ic e sd . B y P o s t s % d . [ R e g i s t e r e d a t t h e G e n e r a l P o s t O f f i c e a s a N e w s p a p e r . Page C h r o n i c l e o f t h e W e e k :— The Localisation o f the Imperial Title.— England and Egypt.— Judgment of the French Press.— Irregular Petitions— Mr. Newdegate.— The Credulity of Fanaticism.— Mr. Whalley’s Contemplated Crusade.— The Alberta and the Mistletoe.—The last Parliamentary Business—Adjournment o f the House.— The French Chamber and the Elections.— The Amnesty Question.— Turkey and the Insurrection.— Belgian University Reform. — Jews and Jesuits.— The Persecution at Geneva.— The Prince of Wales.— The Boat Race.— Rejection of Mr. Dana’s Appointment . . . . 481 CONTENTS. Page L e a d e r s : The Royal Visit to India .. •• 4S5 Russia and Germany .. ..48^ Workhouse Diet in Ireland . . 486 Cardinal Franzelin . . . . .. 487 j Sketches of the Reformation— V I I I ............................................... 487 ' R e v i e w s : Alzog's Universal Church History 489 1 Daniel Deronda . . .. .. 49° Memorials of the late Rev. Robert Stephen Hawker, M A. .. 491 : Cities of Northern and Central Italy . . . . . . . • 491 S h o r t N o t ic e s : Picturesque Europe . . . . 492 Lange’s New German Method . . 492 , Hooker’s Botany .. . . .. 492 1 C o r r e s p o n d e n c e : The Rescript of Propaganda to Page the American Bishop . . .. 492 Two Master Minds.. .. . . 492 Who Wrote the “ Imitation of Christ ” ? .. .. .. . . 493 Divergences in Translation of Prayers . . . . . . .. 493 Teetotalism . . .. . . .. 494 Reparation for First Communion in Germany .. . . . . 494 P a r l i a m e n t a r y S u m m a r y . . 494 R o m e :— Letter from our own Cor­ respondent . . . . .. 497 D i o c e s a n N e w s :— Westminster.. . . .. .. 499 D io c e s a n (continued) ; Birmingham .. Page . . 499 Hexham and Newcastle .. .. 500 Nottingham .. Salford I r e l a n d : Letter from our Dublin Correspondent .. F o r e ig n N e w s :— F rance Germany Austria . . Sot . . . 502. . . 5°2 M e m o r a n d a : Religious Catholic Union Educational .. Literary •• 50.3 . . 504 G e n e r a l N ew s CHRONICLE OF THE WEEK. THE LOCALISATION OF THE IMPERIAL T IT LE . AT the third reading of the Royal Titles Bill in the Lords Lord Granville asked the Lord Chancellor to explain how the new title was to be kept out o f commissions, writs, and similar documents, and Lord Cairns expressed his willingness to answer any argument on the point. Lord Selborne then restated his case— that the omission of the full legal style o f the Crown would vitiate such documents. The Lord Chancellor replied that if the Proclamation ordained, as it would ordain, that the addition should be confined to documents other than those operating within the United Kingdom, the difficulty would not arise, as the Proclamation “ could not operate beyond its own words.” The Bill passed its third reading without a division, but the Royal Assent cannot be given till the reassembling of the Lords on the 27 th. The Conservatives are beginning to petition, and yesterday week more petitions were presented in favour of the Bill than against it. The policy o f Government in holding aloof En g l a n d fr0m the Egyptian combination proposed last Eg y p t . week has, as we anticipated, been justified by the event. That combination has broken down. The state of the affair may be roughly described thus. Mr. Cave’s Report advised a radical and complete remedy for the financial disorder, including a consolidation o f the Egyptian Debt. But the Khedive wanted ready money to meet his liabilities— especially the interest on the Treasury Bonds due the 1st o f April— and the French finan- | ciers offered him immediate relief in the shape o f a loan, which was to be accompanied by the appointment of Bank Commissioners, who were to do their best to set matters straight, without any very definite plan to start with. The English Government, looking upon this scheme as at the best a mere palliative, declined to name these Commissioners, at least unless the House of Rothschild consented to join in taking up the loan. Sir Nathaniel Rothschild, it is alleged, went to Paris to confer with the Due de Decazes, and came back with the decision not to take part in the issue ; the consideration which influenced the firm in coming to this resolution being very probably this, that the French Government, as it now appears, had not given any guarantee, or even approved any financial scheme, but had confined themselves to declaring their willingness to name a Commissioner as soon as the loan was settled and accepted, and their approval o f the conduct of the French capitalists in coming forward. At this juncture the Khedive made his final proposals to the French financiers, and declared that he would accept the nomination of the French and Italian Commissioners, and would be satisfied, in lieu of the appointment of an English Commissioner, if Mr. Rivers Wilson would undertake the reorganisation of the Ministry of Finance. However, as we have said, the scheme, for the moment at least, came to nothing. The French proposals were in themselves less advantageous to the Khedive than those o f Sir George Elliot and the English capitalists, their merit consisting in the supply of the money at once. But, as it turned out, the French financiers were not prepared with the whole of the loan, and at the same time another expedient offered itself, suggested, it has been conjectured, by Mr. Rivers Wilson. This was to defer for three months the payment o f the interest due, giving the bondholders 7 per cent, for their money. This course has been adopted, and is notified in an official decree published last Saturday, and the Khedive will now have time to carry out the recommendations of Mr. Cave’s Report and to adopt a thorough scheme o f financial reform, with the execution o f of which it seems probable that Mr. Rivers Wilson will be charged as Director or Minister of Finance in the Khedive’s service. The announcement o f the postponement has given rise to some noisy demonstrations by bondholders at Alexandria, but the very fair interest promised, and the prospect o f the whole debt being put on a satisfactory footing is likely soon to remove the discontenc which the postponement of the payments at first excited. The tone o f the French press, in announcing judgment of success 0f the English combination after 1H press NCH aK *s not unnaturally a little aigre-doux. “ The “ French bankers,” says the Moniteur, “ have “ been asked by the Khedive to take part in the new “ arrangements, in which we are bound to say the holders “ of Egyptian stock show a certain amount o f confi“ dence. . . . England’s success in this “ operation is very “ easily explained. A t all events it has nothing to do with “ politics, for it is based solely on the fact that the English “ schemes offer the Khedive better pecuniary terms than “ the others. The British Government, in such matters, “ proceeds like great people; it does not shrink from “ paying more for things than they are worth, and henejs we “ understand that, like Jupiter in his enterprises against “ Danae, its beats all competitors.” This, we suppose, refers to the purchase o f the Canal shares, for in this new combination our Government pays nothing. The Univers is rather more bitter :— “ Our Republican and Egyptian “ newspapers,” it says, “ publish this new information in a “ low tone and pass on. After having so often and so “ loudly boasted that the French Republic had just “ conquered Egypt, they no longer know how to put “ things. . . . The grand triumph of three days ago “ threatens to become a defeat, and even a rout.” The New Series, Vol. XV. No. 388.

THE TABLET

A W eekly Newspaper and Review

DUM VO B IS G R A TU L AM U R , A N IM O S ET IAM ADDIM U S U T IN INCCEPTIS V E S TR IS CON S TAN TER M AN E A T IS .

From the Brief of H is Holiness to T he T ablet, June 4, 1870.

Vol. 47. No. 1879. L o n d o n , A p r i l 15, 1876.

P r ic e sd . B y P o s t s % d .

[ R e g i s t e r e d a t t h e G e n e r a l P o s t O f f i c e a s a N e w s p a p e r .

Page

C h r o n i c l e o f t h e W e e k :—

The Localisation o f the Imperial Title.— England and Egypt.— Judgment of the French Press.— Irregular Petitions— Mr. Newdegate.— The Credulity of Fanaticism.— Mr. Whalley’s Contemplated Crusade.— The Alberta and the Mistletoe.—The last Parliamentary Business—Adjournment o f the House.— The French Chamber and the Elections.— The Amnesty Question.— Turkey and the Insurrection.— Belgian University Reform. — Jews and Jesuits.— The Persecution at Geneva.— The Prince of Wales.— The Boat Race.— Rejection of Mr. Dana’s Appointment . . . . 481

CONTENTS.

Page

L e a d e r s :

The Royal Visit to India .. •• 4S5 Russia and Germany .. ..48^ Workhouse Diet in Ireland . . 486 Cardinal Franzelin . . . . .. 487 j Sketches of the Reformation—

V I I I ............................................... 487

'

R e v i e w s :

Alzog's Universal Church History 489 1 Daniel Deronda . . .. .. 49° Memorials of the late Rev. Robert

Stephen Hawker, M A. .. 491 : Cities of Northern and Central

Italy . . . . . . . • 491 S h o r t N o t ic e s :

Picturesque Europe . . . . 492 Lange’s New German Method . . 492 , Hooker’s Botany .. . . .. 492 1

C o r r e s p o n d e n c e :

The Rescript of Propaganda to

Page the American Bishop . . .. 492 Two Master Minds.. .. . . 492 Who Wrote the “ Imitation of

Christ ” ? .. .. .. . . 493 Divergences in Translation of

Prayers . . . . . . .. 493 Teetotalism . . .. . . .. 494 Reparation for First Communion in Germany .. . . . . 494

P a r l i a m e n t a r y S u m m a r y . . 494

R o m e :— Letter from our own Cor­

respondent . . . . .. 497

D i o c e s a n N e w s :—

Westminster.. . . .. .. 499

D io c e s a n (continued) ;

Birmingham ..

Page

. . 499

Hexham and Newcastle .. .. 500 Nottingham .. Salford I r e l a n d :

Letter from our Dublin Correspondent .. F o r e ig n N e w s :—

F rance

Germany

Austria

. . Sot

. . . 502.

. . 5°2

M e m o r a n d a :

Religious Catholic Union

Educational .. Literary

•• 50.3

. . 504

G e n e r a l N ew s

CHRONICLE OF THE WEEK.

THE LOCALISATION

OF THE IMPERIAL

T IT LE .

AT the third reading of the Royal

Titles Bill in the Lords Lord Granville asked the Lord Chancellor to explain how the new title was to be kept out o f commissions, writs, and similar documents, and Lord Cairns expressed his willingness to answer any argument on the point. Lord Selborne then restated his case— that the omission of the full legal style o f the Crown would vitiate such documents. The Lord Chancellor replied that if the Proclamation ordained, as it would ordain, that the addition should be confined to documents other than those operating within the United Kingdom, the difficulty would not arise, as the Proclamation “ could not operate beyond its own words.” The Bill passed its third reading without a division, but the Royal Assent cannot be given till the reassembling of the Lords on the 27 th. The Conservatives are beginning to petition, and yesterday week more petitions were presented in favour of the Bill than against it.

The policy o f Government in holding aloof

En g l a n d fr0m the Egyptian combination proposed last

Eg y p t . week has, as we anticipated, been justified by the event. That combination has broken down. The state of the affair may be roughly described thus. Mr. Cave’s Report advised a radical and complete remedy for the financial disorder, including a consolidation o f the Egyptian Debt. But the Khedive wanted ready money to meet his liabilities— especially the interest on the Treasury Bonds due the 1st o f April— and the French finan- | ciers offered him immediate relief in the shape o f a loan, which was to be accompanied by the appointment of Bank Commissioners, who were to do their best to set matters straight, without any very definite plan to start with. The English Government, looking upon this scheme as at the best a mere palliative, declined to name these Commissioners, at least unless the House of Rothschild consented to join in taking up the loan. Sir Nathaniel Rothschild, it is alleged, went to Paris to confer with the Due de Decazes, and came back with the decision not to take part in the issue ; the consideration which influenced the firm in coming to this resolution being very probably this, that the French Government, as it now appears, had not given any guarantee, or even approved any financial scheme, but had confined themselves to declaring their willingness to name a Commissioner as soon as the loan was settled and accepted, and their approval o f the conduct of the French capitalists in coming forward. At this juncture the Khedive made his final proposals to the French financiers, and declared that he would accept the nomination of the French and Italian

Commissioners, and would be satisfied, in lieu of the appointment of an English Commissioner, if Mr. Rivers Wilson would undertake the reorganisation of the Ministry of Finance. However, as we have said, the scheme, for the moment at least, came to nothing. The French proposals were in themselves less advantageous to the Khedive than those o f Sir George Elliot and the English capitalists, their merit consisting in the supply of the money at once. But, as it turned out, the French financiers were not prepared with the whole of the loan, and at the same time another expedient offered itself, suggested, it has been conjectured, by Mr. Rivers Wilson. This was to defer for three months the payment o f the interest due, giving the bondholders 7 per cent, for their money. This course has been adopted, and is notified in an official decree published last Saturday, and the Khedive will now have time to carry out the recommendations of Mr. Cave’s Report and to adopt a thorough scheme o f financial reform, with the execution o f of which it seems probable that Mr. Rivers Wilson will be charged as Director or Minister of Finance in the Khedive’s service. The announcement o f the postponement has given rise to some noisy demonstrations by bondholders at Alexandria, but the very fair interest promised, and the prospect o f the whole debt being put on a satisfactory footing is likely soon to remove the discontenc which the postponement of the payments at first excited.

The tone o f the French press, in announcing judgment of success 0f the English combination after 1H press NCH aK *s not unnaturally a little aigre-doux. “ The

“ French bankers,” says the Moniteur, “ have

“ been asked by the Khedive to take part in the new “ arrangements, in which we are bound to say the holders “ of Egyptian stock show a certain amount o f confi“ dence. . . . England’s success in this “ operation is very “ easily explained. A t all events it has nothing to do with “ politics, for it is based solely on the fact that the English “ schemes offer the Khedive better pecuniary terms than “ the others. The British Government, in such matters, “ proceeds like great people; it does not shrink from “ paying more for things than they are worth, and henejs we “ understand that, like Jupiter in his enterprises against “ Danae, its beats all competitors.” This, we suppose, refers to the purchase o f the Canal shares, for in this new combination our Government pays nothing. The Univers is rather more bitter :— “ Our Republican and Egyptian “ newspapers,” it says, “ publish this new information in a “ low tone and pass on. After having so often and so “ loudly boasted that the French Republic had just “ conquered Egypt, they no longer know how to put “ things. . . . The grand triumph of three days ago “ threatens to become a defeat, and even a rout.” The

New Series, Vol. XV. No. 388.

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