Herald of the times. [volume] (Newport, R.I.) 1849-1856, 1851-03-20

] days Later from Europe.
The Asia arrived al New York Fri
day morning, with intelligence from
Europe to the lst inst, one week later
than previous advces.
The Ministerial crisis still continued.
Lord Stanley had made an attempt to
form a new Cabinet, bu' failed.
The Standard Of the 2Sih February.
says -
/" The country will be sorry TO hear
that Lord Stanley has failed in forming
ministry and has, in consequence,
restored to Her Majesty the commission
with which she had gracously er'rnst-
cd him. His lcrdship had an audience
Of the Queen at Buckingham Palace,
yesterday afternoon, when his inability
10 complete his administration was
made known TO Her Majesty, and, no
doubt. the circumstances which led 10
this result. Shortly afterwards roya
despatch was forwarded from the pal
vace to Lord John Russell, at his private
residence in Chesham Place and. in all
probability this lordship has been again
commanded TO reconstruct his Cabinet
though We do not find any inlimaton
in the Court Circular that his lordshp
had any interview with Her Majesty in
the course Of yesterday. Both Houses
of Parliament reassemble this evening.
when il 10 confidently expected thai
Lord Stanley aud Lord John Russell
will be permitted by her Males 10
give full explanatory statements as 10
the part each has taken in tuiillmcnt
Of, the duty imposed upon them respcc-
lively by their gracious Sovereign"
Cotton had advanced lad.
> The Canada had arrived al Liverpool.
The rumor of an Austrian expedition
against Switzerland was still prevalent.
II is stated in the Turin papers that
the Northern powers have addressed ii
note 10 the Piedmontese government,
demanding the exl ulsion ef the Italian
emigrants, the suppression of the libcr y
or,he press, and an immediate recon-
ciIia,ion with the Court Of Rome. The
Piedmontese nre actively engaged III
defensive operations.
The Bank Of England has reduced
the rate Of interest Oh stock loans TO :
l.2 per cent, while the minimum rate on
commercial securities remains at B Per
cent.
There are various rumors with refer
enee TO the new Cabinet. 1t Is sal1
that a large body Of Liberals have Sign
ned declaration OF support TO Gov
ernment OF which Lord Clarendon
should be the hcud.
II is added that Reconstruction oi
the Russell Government is believed IL
be out oi the question. and that LorC
John is understood not to wish it himself
that Sir James Graham feels that h,
cannot lead the House OF Commons
clever though he be, AT the present cr'
els, without the aid Of Lord John Rus
sell, while it is his opinion al the SAINT
time that dissolution offers no advan
tagc, since it would probably collec
such q Parliament ns no man couI'
manage, and would only be the precur
or of second dissolution.
A general belief, therefore, prevail
an Administration in which Lord Clar
endon, Lord Palmeston and Sir Jane
Graham should he the leading person
ages, offers the only solution TO the ques
tion.
The intelligence from France is who
Iy devoid of interest, notwithstanding
that it comprises within lis seven days
span the anniversary of the rcvolutlo
Of the Gath of February, which ha
passed over without any disturbanc
either in Paris or in the provinces.
General Aupick, the Ambassador ;
Constantinople, is TO be removed to tn
Court Of ST. James's to ill the like o
fee.
The conferences carried on by II
representatives of the German States t
Dresden, for the recons;ructon OF Gel
tral federal authority (bo,h executi,
and legislative) "drag their slow leng'
along" with all the characteristic III
tional tediousness and uncertainty
practical purpose.