Here are some one liners...
The Panic of 1825 and 1987 -- The Bank of England calls on the Parliament to fix these financial problems, but they are in recess so that Bank fixes the problem itself.
The Search for High-Speed Communication -- Samuel Morse receives word that his wife is ill, then she's dead, then she's buried. There has to be a better way to get important information quickly.
A Quiet End to a 470 Year Riot -- The mayor refuses to make the annual city payment to the college for a riot that occurred 470 years ago.
In Other News -- Baseball, aluminum, and the dead letter office.
The Panic of 1825 and 1987It is December of 1825. After the Panic of 1819 in America, the Bank of England loosened its policy on lending money to country banks outside of London. This policy propped up the British pound. Oddly, this easy money policy in England encouraged the same lending behavior that caused the Panic of 1819. Now there is a run on the banks after several prominent British banks close their doors. In all, 70 banks collapse. The Bank of England, the "lender of last resort" has refused to lend money as a last resort! The financial community calls on the government to lend money from the Treasury, but that would take an Act of Parliament and they are in recess for Christmas. The Bank of England's reserves are dwindling fast. By next March they will have lost several million pounds in assets. Someone must do something and if government will not act, the Bank of England must. So they do. To the modern mind, this will seem obvious, but they lend money based on the value of goods rather than limiting lending to assets of gold and silver. England is saved... without government intervention.   
The Search for High-Speed CommunicationAt this point Samuel Morse is best known for his talent as an artist. He completes his painting of Lafayette this year to take advantage of the interest in Lafayette as he tours across America remembering the good old days. Morse starts on yet another work when he receives an urgent message from his father. Apparently Morse's wife is ill. Then he receives another message, shortly thereafter. His wife is dead! By the time Morse reaches home, his wife has been buried and the funeral is long over. He is naturally upset and wonders why there isn't a faster way to communicate a quick, simple message over long distances.  
A Quiet End to a 470 Year RiotIn 1355 a tavern brawl turned into a riot between the students of Oxford and the townspeople. It was called the Saint Scholastica Day riot and after the King of England sided with the students, a new charter was drawn up to define the relationship between Oxford University and the town. The Mayor was compelled to pay 5 shillings and 3 pennies per dead student each year and swear allegiance to the Chancellor in an annual ceremony. It may seem like a quaint tradition, but the implied insult is too much to take. After almost 470 years, the Mayor refuses to pay. That is the end of it, but Oxford University representatives will remain on the city council until 1974.     
In Other News
- Aluminum is produce for the first time. It is derived from aluminum chloride.