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- -1-1 - -I THE DEFEAT OF…

THE DEFEAT OF MINISTERS. -1

THE CORN TRADE. I

- - - - - I TRADE REPORT.I

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The defeat of Ministers on Mr. Cobden's motion, although not wholly unexpected has been received with surprise and dissatisfaction, and Lord Palmerston may safely appeal to the country for the support which a factious combina- tion in the House of Commons has refused. Arrangements are being made for a dissolution which cannot be com- pleted until the end of this month, and the Premier was last night to propose that certain indispensable votes should speedily be taken for that purpose, and it was expected that there would te no objection to this proposal. A more advantageous course could not be adopted than the one which Ministers have selected, as the constituents will now have an opportunity of expressing their opinion on the question raised by the Coalition and if we may judge from the feeling-the very strong feeling which prevails, the conduct of the Opposition will meet with emphatic condemnation, while the Palmerston Ad- ministration will be sustained by an accession of strength which cannot fail to paralyse every effort to destroy it for mere party purposes. This is almost certain to be the result, for "England does not love Coalitions," and parti- cularly such an extraordinary one that which for the moment has succeeded in embari .ssing a Ministry com- posed of statesmen free from the trammels of party, depending for support upon the character of the measures introduced by them, and the vigorous and discreet manner in which they exercise administrative power. Public opinion is decidedly in favoui of Ministers, and at the approaching elections it will fitly express itself. The intelligence of the defeat was received in Liverpool, Manchester and other important places with general re- gret, and on 'Change the announcement was heard with universal surprise and with almost universal regret and dissatisfaction," and according to the Times' city article of Wednesday, Scarcely on any political point within modern experience has the feeling of the commercial community been expressed with such general unanimity." And in our rural districts, we are assured, similar opinions are dominant, and the Coalition, so far as we know, meets with no sympathy, except from a few who entertain ex- treme views on every question As to the point at issue the people consider the plain facts apart from those nice legal quibbles which run through the debates in both Houses. The national mind has no aptitude for abstruse law points," while it readily analyses facts and generally arrives at a correct, and always at an honest conclusion respecting them, so that the Chinese question, as it is termed, did not present so many difficulties to its com- prehension by the public as astute and learned politicians had to contend with. We are not going to recapitulate the facts and the distorted forms in which they were sometimes presented, as in another part of this impression we have given the fullest details eonsistent with the space at our command but it does appear that the country has sifted them and instinctively reject those which are inconsistent with truth. We will not, however, enter into the discussion, as at present we are more concerned with the result of the division in the House of Commons on Tuesday, which is regarded with "exultation in every despotic Court, every meddling Legation, every intriguing salon, where the greatness aud good fame of this country is envied." A general election must necessarily create considerable excitement, but of a very different character to that on most former occasions, owing to the growing intelligence of voters and the prohibition of scenes which used to sully these national movements. It is confidently asserted that many who recently enjoyed the favour of the electors will find themselves in a minority, which is the most effectual method of expressing displeasure produced by oonduct that nothing but blindness to party can excusc. Some of the priacipal antagonists to Ministers will probably lose their seats unless fortune put in their way pocket boroughs." Mr. Cobden will have no chance in the West Riding, if the reports which are current be true, and Lord John Russell must go elsewhere than the city of London. Approaching nearer home we may state that the division list will possibly affect the representation of South Wales, although not to any great extent. The constituents notice with approval the votes in favour of Ministers by Viscount Emlyn, Mr. Morris, Mr. Philipps, Colonel Watkins, Sir John Owen, and Mr. Dillwyn. These votes are appreciated by electors differ- ing in political sentiments, but who know how to value independent, and at the same time, consistent conduct in political as in all other matters. The members for this county and borough will no doubt be returned with- out opposition, and Viscount Emlyn is sure of his seat for the county of Pembroke. It was stated that the independent course pursued by Mr. Philipps had given general satisfaction to the electors, and in consequence his return for Haverfordwest would not be contested but we find that Mr. William Rees, solicitor, has been put forward by the Liberals, who are already actively canvassing on his behalf. We have not heard of any opposition for Cardiganshire, so that Lord Lisburne will probably be re-elected. There is some talk of opposition to Mr. Lloyd Davies for the Cardiganshire Boroughs, and Mr. Lloyd, of Bronwvdd, has been named by the Li- berals. However, no official intimation has- reached us concerning it. No alteration is anticipated in Brecon- shire.

ICARMARTHENSHIRE.

HOUSE OF COMMONS, THURSDAY…