MEETING OF PARLIAMENT.

Parliament reassembled on the 19th of February. As her majesty proceeded to the walls of St. Stephen, a significant incident occurred: at the corner of Bridge-street, one of the spectators exclaimed, “No monopoly!” at which her majesty smiled, graciously bowing, at which a hundred voices united in the shout of “God save the queen!” The speech delivered by the queen first referred to friendly relations with allied powers; to an adjustment of differences between the Ottoman Porte and the King of Persia, to negociations pending for the pacification of the states of Rio de la Plata, in which for several years a desolating and sanguinary war had existed; and to the convention concluded with France last year for the more effectual suppression of the slave-trade. On the dispute with America her majesty remarked:—“I regret that the conflicting claims of Great Britain and the United States, in respect of the territory on the north-western coast of America, although they have been made the subject of repeated negociation, still remain unsettled. You may be assured that no effort consistent with national honour shall be wanting on my part to bring this question to an early and peaceful termination.” Having adverted to the estimates, and to the crime of assassination in Ireland, which was more flagrant than even in former years, her majesty proceeded to say:—“I have to lament that in consequence of a failure of the potato crop in several parts of the United Kingdom, there will be a deficient supply of an article of food which forms the chief subsistence of great numbers of my people. The disease by which the plant has been affected, has prevailed to the utmost extent in Ireland. I have adopted all such precautions as it was in my power to adopt for the purpose of alleviating the sufferings which maybe caused by this calamity; and I shall confidently rely on your co-operation in devising such other means for effecting the same benevolent purpose as may require the sanction of the legislature. I have had great satisfaction in giving my assent to the measures which you have presented to me from time to time, calculated to extend commerce, and to stimulate domestic skill and industry, by the repeal of prohibitory and restrictive duties. The prosperous state of the revenue; the increased demand for labour, and the general improvement which has taken place in the internal condition of the country, are strong testimonies in favour of the course you have pursued. I recommend you to take into your early consideration, whether the principles on which you have acted, may not with advantage be yet more extensively applied, and whether it may not be in your power, after a careful review of the existing duties upon many articles the produce or manufacture of other countries, to make such further reductions and remissions as may tend to insure the continuance of the great benefits to which I have adverted, and, by enlarging our commercial intercourse, to strengthen the bonds of amity with foreign powers.”

Before proceeding with the address, Sir Robert Peel announced that on the next Monday, he should propose the appointment of a committee to consider the mode in which the house should deal with railway bills; and that on Tuesday, the following day, he would make, in committee of the whole house, a statement as to the intention of her majesty’s government with respect to the commercial policy of the country, and the corn-laws.

The address was moved in the commons by Lord Francis Egerton. Lord Francis had long been a noted Conservative, and a supporter of the corn-laws; but he now avowed himself favourable to free-trade. The address was seconded by Mr. Beckett Denison. Sir Robert Peel rose to explain the late ministerial crisis, and his own views and measures. He attributed the cause which led to the dissolution of the cabinet, to that great and mysterious calamity—the failure of the potato crop. At the same time he confessed, that it would be uncandid to attribute undue importance to that one cause. “That particular cause,” he continued, “appeared to me to preclude any further delay, and to require immediate decision—decision, not only upon the measures which it was necessary at the time to adopt, but as to the course to be ultimately taken with regard to the laws which govern the importation of grain.” Sir Robert Peel continued to say he should have wished that another parliament should have had the opportunity of considering this question; but in the course of last autumn occurred that visitation of Providence, the consequences of which it was still difficult to foresee—the failure of the potato crop in Ireland, and in some parts of England—and it became a question whether it was not desirable to take immediate steps to meet the threatened evil. Government had instituted inquiries, and had received much correspondence from foreign countries on the subject; and from all the accounts they had received, it became evident that something must be done. The right honourable baronet next came to the explanation of what had occurred in the cabinet, and how he had been led to tender his resignation. He would not have abandoned his post, he said, if he had been supported by an unanimous government; but that was not the case, and he had no alternative but to quit office. Her majesty accepted his resignation, and of her own choice sent for Lord John Russell, who undertook the task of forming an administration. Their appeared every probability that the question would have devolved on his lordship; but before he went to Windsor to take a final farewell of the queen, he learned that Lord John had failed to form a government. On meeting Sir Robert, the queen informed him that so far from taking leave, she was obliged to require him to continue his services; and the colleagues who differed from him not having advised the formation of a cabinet on the principles of protection, and Lord John having failed, he did not hesitate to withdraw his resignation. Accordingly he resolved to meet parliament, prepared to submit those measures which he thought necessary to meet the emergency. These measures would be brought forward on Tuesday next, and therefore he would not anticipate the discussion. Lord John Russell rose to explain his conduct during the recent negociations, and how he had failed in forming an administration. Having received her majesty’s commands, he called together those with whom he had been in the habit of acting, and had stated that he would endeavour to frame an outline of a measure on the corn-laws. He had previously been informed by Sir Robert Peel that it was not advisable he should state the details of the measure he should have brought forward under the responsibility of his own government: and, therefore, he had to consider what it would be the duty of his government to propose, should he succeed in forming one. The result of his exertions on this subject would be best explained by reading a letter which he addressed to her majesty:—“Lord John Russell presents his humble duty to your majesty, and has the honour to state that he has found it impossible to form an administration. Lord John Russell was aware from the first moment, when your majesty was pleased to propose this commission, that there were very great difficulties in the way, which it required the most cordial co-operation on the part of his friends, and the firm support of a large portion of those who followed Sir Robert Peel to surmount. Those who have served your majesty and your royal predecessor in cabinet-offices during the administration of Lord Grey and Lord Melbourne, who were now in political connexion with Lord John Russell were consulted by him. They agreed on the principles by which they would be guided in framing a measure for the repeal of the corn-laws. Thus one great difficulty was surmounted. But, as the party which acts with Lord John Russell is in a minority in both houses of parliament, it was necessary to ascertain how far they were likely to obtain the support of Sir Robert Peel. Your majesty is acquainted with all that has passed on this subject. Lord John Russell is quite ready to admit that Sir Robert Peel has been willing, from the commencement to the end, to diminish the difficulties in the course of a new government prepared to attempt the settlement of the corn-laws. But Sir Robert Peel could not, of course, rely on the support of his political friends should the proposed measure be in their eyes dangerous and unwise. In this uncertainty of obtaining a majority in the house of commons it was absolutely necessary that all those who were prominent in the political party to which Lord John Russell is attached should give their zealous aid, and act in concert in the new administration. Lord John Russell has, in one instance, been unable to obtain this concert; and he must now consider this task as hopeless, which has been from the beginning hazardous. Lord John Russell is deeply sensible of the embarrassment caused by the present state of public affairs. He will be ready, therefore, to do all in his power, as a member of parliament, to promote the settlement of that question which, in present circumstances, is the source of so much danger, especially to the welfare and peace of Ireland. Lord John Russell would have formed his ministry on the basis of a complete free trade in corn, to be established at once, without gradation or delay. He would have accompanied that proposal with measures of relief to a considerable extent of the occupiers of land from the burdens to which they are subjected. But he will be little disposed to insist, as a member of parliament, on what may seem to your majesty’s advisers an impracticable course. The country requires, above all things, an early and peaceable settlement of a question, which, if not soon settled, may, in an adverse state of affairs, cause a fearful convulsion.” Lord John Russell concluded by expressing the obligations he felt to her majesty for the gracious manner in which she entrusted him with the task of forming the administration; and by stating that, whether in office or out of office, he should be ready to give his assent to measures calculated to benefit the country, without reference to the proposer. Mr. D’Israeli was not so liberal in his sentiments. As the champion of protection, he asked, what would be thought of a statesman who, having served under four sovereigns, came forward and declared that, after an observation of three years, he had found it necessary to change his convictions on a subject which must have presented itself for more than twenty years to his notice?

The peers waved their right to discuss these great topics on the first night of the session; awaiting the discussion in the commons. The Duke of Richmond endeavoured to bring on a debate; but ministers were taciturn; and after a long and discursive speech delivered by Lord Brougham, which touched upon the subjects of the Oregon dispute, the corn-laws, and Irish affairs, the address was carried. In the course of the evening, the Duke of Richmond wished the Duke of Wellington to explain the reasons which induced the government to accept and to re-accept office; but his grace said that he could not do so without her majesty’s permission. On the following Monday, however, the noble duke explained their reasons in his own plain, straightforward, and characteristic manner. What these reasons were has been touched upon before.

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