Resignation of the Ministry.
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Parliament was prorogued to the 30ih OF Dec


The price C! Cotton has advanced.


Resignation of the Ministry.


From the London Herald, December u. -,


Sir Robert Peel's Governments al an enc All
the members ofhe Cabine, yeterday rendered neiF Te-
signaiion. which her Majesty was pi.aset 10 accept


I: viii be easily believed iha; regret teis deteri-
nation Of her Maestr's advisers but should much
regret their unanimous determination 10 sacrihce
the industry oil the Country By stripping l. Oh al pfo'ec
ton.


The important fac, sow announced proves Row COM
petey wrong Inc I'n.s when II stated maj te 20
vernrent mad decided upon proposing 70 faAanen; as
Cabinet measure the rspca. OF the Corn Laws


From the London Chronicle Dec IL


An official announcement. in another part OF our
paper confirms orc uart o: the siateIea. which We
made yes.eTGaraely that Parliament instead oi be-
irg summoned Tor the dispatch of business would be
again proEogued ne other and more important a: oI
cur announcement is, believe equally correct ne
Cabinet assured resigned yesterday II i con
deniy said that so far from the Cabinet having Of any
time come TO decision recommend tue repeal o me
corn laws large majority Of his colleagues nave
out been opposed to Sir R0be!; Pees recommendation
From the London Times, Dec. II.
Yesterday Parliament was further prorogued to
the 3oh instant The naming OF so early Gay would OF
itself imply that the Cabinet is now IN STATE 10 meet
Parliament. The rumors, however, which nave oeen
confidently circulated the bestniormed quarters since
Monday, and circumstances which nave come to our
knowledge since the return OF the Ministers last rcnt
from O7Oorne House. !e1va scGTCe!y AZ!
doubt that the revivDg repugnance a the Duke 10 tue
decision OF his colleagues has rendered II necessary io
them 20 tender their resignation TO her Majesty An IN
iorescen difficulty Of course there must nave been some
where. After so long aud close succession oil councils
that difficulty could only arise from struggle between
the declared intentions the chef and nc prejudice or
pride Of some OF MS colleagues Were tue Ministry Ger
OF meeting Parliament the servants OF the tro"n
il would have fixed the day ard our predictions would
have been the letter fulfilled. That IS no longer pos
] sn!c. some minor changes. rs We iuuinated al inc
fret there would undoubtedly have been but ii IS 10
the rrayer difficulty that this new and unforeseen de-
lay be sscrbed. II s said 20 have been only by
the most unqualified expressions Of opinion that the
leaders OF the Cabinet gained the unwilling COM
pliancc OF the only considerable dssentent lhere
/ be doubt thet-what WAS all along 10 De ai'-
prehended-the representative general oi me LORDS
has since felt with returning anxiety the weight oil nc
numerous proxies not less rashy undertaken than rasny
confided his care The head Of an arls,ocracy de-
mands il may easily be imagined little more time TO
is resolve. ltis not however always possible
20 adjust the interests Cabinet much less those oi
nation to the convenience the dignity or the humoT OF
an individual. An obstinRcy which is assumed with n
less serious intention, may be maintained day TOO long
the ruin both of colleagues and cause Meantime what;
may happen whoever may be in next month, very
lew hours pass without proving to the nation the
substantial! truth 0! our list nomenuus announcement
viz that the leaders of the cabinet were resolved upon
proposing total repeal OF the corn laws Iaey were
resolved the utmost of their power. lhey were re-
solved 20 do this Hctnng-to repeal The corna"s or
be no mnistrrs-Ii the duke peril IN that measure
ilrls reluctance u uLGttidh'' H. WI" !l'tf ~ iE'
the dangers and dsagrreabs the o,her side Of the
scalc,he dissolution OF the conservative ministry nnd
the intcrposton OF rival and IN respects more
suitable agency He VIII be assured that GS own pane
,ilos far from impeding the measure, may perhaps
only render II The FIRST OF series still less 10 MS taste
and convenience Whatever amour, of dis;Ius he may
feel in mis- present by this time his late colleagues
ne vii. be only OF the statesmen md the p-cy
he will help TO naILuratr in their stead. II hc mas not
the hear. solicit the lords in behalf OF his friends ne
vii. nevertheless not escape the still more hrduous task
o conducting his little aristocatca troop against the
close and serrcd phaanX OF an unanimous people head
ed By nvetera,e foes


Mos, gratifying is the assurance which able to
offer To our friends that notwithstanding those difficult
ties which rendered dissolution fthe cabinet unavOId
able there is the slightest dan OF any scisIn IN
the conservative party or oil any GcscrhGn from
The whole OF the cabinet rctres without shade OF per
sunal hostility among lis members, or al! difference o.
sentiment upon the proper policy except upon the one
question OF repeal rather modification oi the corn
laws. Upon this question too, the difference u much
less than has been supposed is believe. true that
Sir Robert Peel has insisted upon considerable
relaxaon of the laws in question, 10 be accompanied
however byH peusa.ionto tue agricultural Interest
landowners farmers. and iarm dboicrs-Lot ON! "uc
qlatc but ample What lhis compensation Is we are not
able guess the events, however have proTeG that Il
was not idercd sufficient by the whole cabinet: ard
we must at present agree with the disscn;iens Never
thclcss it is certain that S!r Robert Peel viii support no
OF repeal upon any other terms than those OF
what he considers adequate compensation - the asr
cUlturast that unless the new ministers proposed
such an adequate compensation they will lind themselves
opposed by the conservative majority Of more than one
hundred undimnshud by single uni; and reinforced
no doubt b; many honest whigs like Mr. Caylcy. Even
if they maze recourse to dissolution they ARE more
likely 10 lose Than TO gain but they must gain more than


,y seats replace themselves IN their glorious MAORI
y of one aud i, is perfectly impossible that they can
Gain the hall OF ity. gain OF hundred votes Will
be necessary to raise them TO the position IRON which
Sir Robert cells government retres--so much Tor con-
servative prospects.


From the Liverpool Mail, Dec. l3.


ia, ,,.f in
much more serious dilemma than many persons seem
think Sir Robert Peel ii is rumored differs from The
majority OF his colleagues measure inst touches the
vitality OF the country and iindin. himself so situated
he throws m the rens Of government and retircs. The
landed interest it is called, would have almost DsuE
mouuabe difficulties IN forming an administrator 10
carry their The conservative party is dvld
ed suspicion and Gistrust have Ion. been IN the camp
some murrlur some Storm many are SICK, ana not Il
few disguised.


What, then is to be done The old Wing party. as
Mr Caycy mas proved will not support LORD IGnn Nus
sell. he has done much mischief IN MS day but ne never
committed much upon himself he iid by MS re-
declaration against all protective duties upon corn
Lord Morpeth has sold himself by means OF n 10 note
The split, therefore, in the Wing ranks between those
who have land. and those who are laudlcss-between
the we-ied and the hungry Wing. is immense. and ire
parable.


Our opinion is judging by the obscc,c light in which
the detection yet placed that dissolution OF aria
men, must be the result followed Immediately by gen
eral election In this the nation nj large will be

Inconvenience many parties must ensue particularly
those connected with railway bills but we are far
from believing that the inconvenience Of delay Tor SIX or
eight weeks may be salutary 20 the country gene
rally.


From the London sun. Dec. II.


The Ministry Of Sir Robert Pee! has resigned
The country al large may be startled by circumstance
unexpected but such is the fact Yesterday morning
majority OF the Cabinet comprising the Duke of Wei
lineton. the Duke of Bucceuch. Sir Robert Peel sir
James Graham the Earl of Aberdeen, Lord stanley Nlr
Goulburn the Earl of Liscoln and Mr. sidney Herbert
IN all nine Of twelve thirteen composing the entire
Cabinet proceeded by special train to southampton and
conveyed by the royal steamer FAIRY to The Isle o
Wight At a held al Osborne House they rendered
their resignation 10 her Majesty, which was graclousIy
accepted Here is sudden and abrupt termination oil
the Conservative Cabinet and that too al the very mo-
nent they were supposed and even semi mrofhcally an
nounced 10 have become the converted organs OF tree
trade policy in all lis ramihed bearings.


1t were idle 10 speculate upon the cause OF this un
looked for disruption OF cabinet whose whole career
had been that OF fighting under false assumed coors
But one circumstance i rather s-nnrtni 1t might
have been observed that the Duke 81 Wellington did not
attend The Cabinet Council held Monday after the re
Of Sir Robert Peel from Osborne House on tnai
day. Tnc duke had made up his mind tor better or Tor
and iei the Cabne; take It's course 1t sat only
hour. and during hat eyentu nour had decided on