The immediate effect was a sharp decline in stocks. A few hours after the House of Peers adjourned at six o'clock in the morning, a run for gold began on the Bank of England. The simultaneous effort of the French to abolish their hereditary peerage was hailed as an omen of what was coming in England. Riots broke out all over England. The return to Bristol of Sir C. Wetherell, one of the chief opponents of the bill, was made the occasion of ominous demonstrations. A riotous mob burned the mansion house over his head. Next, the Bishop of Bristol was driven from his episcopal seat. The mob fired the mansion house, the bishop's palace, the excise office, the custom house, three prisons, four toll houses, and forty-two private houses of prominent Tories.
No one was injured until the troops were called in to disperse the mob. Then a number of rioters were sabred and shot. About the same time riots broke out at Bath, Worcester, Coventry, Warwick, Lichfield, Nottingham and Canterbury. With difficulty Archbishop Howley of Canterbury was rescued from the hands of an infuriated mob. The Bishops of Winchester and Exeter were burned in effigy before their very palaces. The Bishop of London did not dare to hold services at Westminster. The news from France served to increase the alarm. Disturbances of a far more serious character were reported from Lyons.
Late in the year, after another rejection of the Reform Bill by the Lords, the bill was triumphantly reintroduced in the Commons. The question now was no longer, "What will the Lords do?" but, "What will be done with the Lords?" Rather than risk the threatening downfall of the House of Peers, the Ministers reluctantly determined to pack the Upper House by the creation of a sufficient number of new peers pledged to vote for the Reform Bill. A verse attributed to Macaulay ran:
What though now opposed I be, Twenty peers shall carry me, If twenty won't, thirty will, For I'm his Majesty's bouncing Bill.
"Thus," as Molesworth, the historian of the Reform Bill, has put it, "amid the anxieties of the reformers on one hand, and the dread of revolution on the other, amid incendiary fires and Asiatic cholera spreading throughout the country, amid distress of trade and dread of coming bankruptcy, the year 1831 went gloomily out."