LATE FROM EUROPE.
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Neso- York, May 3.

 The South America packet ship from Liv- erpool. brings London papers to and of the Is. April and Liverpool of the 2d. The in- te!ligence is eight or nine days later than be- fore received.

 The Irish Disturbance Bill has been read third time and passed, in the House of Com mons, by a majority of 259.

 It appears determined that the monopoly of the trade to China, possessed by the East India Company, is to cease, but the company is to retain the exercise of it's territorial func- tions in India.

 On the important subject of slavery in the West Indies, the Premier, Earl Grey. in reply to some questions put to him, said that to declare immediate emancipation would undoubtedly make short and easy work of the matter: but he confessed that that was not the way in which he wished to deal with the question; and he was glad to hear from his noble friends explanation that the word immediate" was not to he taken as meaning immediate, but the earliest period at which emancipation should ;ake place with safety to all the interests concerned. He (Earl Grey) was anxious for the abolition of slavery, but he was not prepared to declare for immediate emancipation, without consld-

  from such measure"

 A change has taken place in the British Cabinet, though it will not probably be atten- ded with any change in it's policy. Lord Go- .derich. who was Colonial Secretary, has be- come Lord Privy Seal. vacated by the resig- nation of Lord Durham. Mr. Stanley sue ceeds Lord Goderich; and Sir John Cam H"bhouse succeeds Mir. Stanley as Secretary l for Ireland

 l The report via Havre, of the continued ad- vance of lbrahim Pacha upon ConstantinoPle is not confirmed though that of the occupa- ton of smyrna, on or about the goth Febru- ary by detachment of troops, seem to be | considered as we'll founded.

 The Dutch and Beigian question had made no apparent advanIe towards a solution and owing to the mission of M. DedeL, the French and English governments were holding back, from any coercive measure.

 In Spain, the ascendency Of the Queens party, which, if not iberaI is less iIiberal than the Apostolicals, had gained strength by the hanIshment of Don Carlos. He together with the sister of Don Miguel, the DutChess of Beira. left Madrid for Lisbon on the l6th April. On the other hand, the sending count de Pwon ROstTO to Pampeluna as Governor, is looked upon as n sort of honorable banish- ment tor this prominent Liberal. The Queen and Zea Bermndez, are aiming at what in France is called the Juste MiiieH.