Great Britain and France sign a landmark free trade agreement
Great Britain and France signed the Cobden-Chevalier Treaty, which substantially liberalized trade between the two countries. The treaty wass less popular in France than in Britain and caused a weakening in the popularity of Napoleon III. (By Brian Bockelman)
H.E.L. Mellersh, et. al., The Chronology of World History (Santa Barbara, California: ABC-CLIO, 1995), 270.