18 NOVEMBER 1871, Page 1
The compilers of bulletins from Versailles have been amusing themselves
all the week with contradictory telegrams about the monetary crisis. The Bank is and is not to double its capital ; is and is not to issue small notes ; is and is not to exceed its power of issue ; and is and is not quarrelling with M. Thiers. Absolute truth is under such circumstances unattainable, but the most vraisemblant account is that M. Thiers is not popular in the Bank Parlour, where he is thought officious ; that small notes will be issued as soon as they can be prepared, and that though the Bank will not stretch its legal power of issu- ing paper, the legal power will be enlarged. The premium on gold appears to be "15 per mil," or one and a half per cent.
