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Columbia, Richland County, South Carolina
What is this article about?
New York reports express regret over the failed Bismarck-Thiers armistice negotiations, criticizing France for not securing better terms amid ongoing war; Wall Street sees rising gold premium and expectation of prolonged hostilities.
OCR Quality
Full Text
In Wall street, the effect has been to strengthen the gold premium, and to produce the conviction all around that hostilities are to go on indefinitely.
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Where did it happen?
Foreign News Details
Primary Location
France
Key Persons
Outcome
armistice failed; war expected to continue indefinitely; opportunity for better french terms missed; gold premium strengthened in wall street.
Event Details
General regret in New York at the failure of the Bismarck-Thiers armistice. Journals previously praising French heroism now reproach them for not making better terms. Effect in Wall Street: strengthened gold premium and conviction that hostilities will go on indefinitely.