The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-03-11
Overthrow Of the Palmerston MiDistry-Thr
Revolutionary Ball again I'm Motion.

telegraphc summary OF the Canada's news
brings us the announcement Of the fall Of the
Polmerston administration. The new Premier
is the Earl Of Derby. who takes with him into
Office the small band ol conservative statesmen
whose adherence 10 tory traditions and unity Of
action have given them sort OF balance weight
in Parliament. Their elevation TO power is OF
course merely an accident which could only have
been caused by peculiar combination Of circum-
stances. In itself the party has no moral or po-
utcal weight its only consideration being de-
rived from the talents OF its leaders. The latter
have been forced into Office on the shoulders Of
the radicals, in order to give fuller effect to
public opinion on the refugee question by the
combination Of extremes, and as soon as they
have served the purpose of the moment they
will be compelled 20 give place TO men of more
comprobens and progressive views.
Nothing can indicate more mistakeably the
unstable character Of the relations between the
English and French governments than this
change. The recent defeat Of the administra-
ton would not in itself have neeessitated the
resignation Of Lord Palmer ton and his col
leagues if they lad not been sensible that the
opinions of the British nation were decidedly
adverse to the spirit Of subserviency which
they have lately exhibited towards the French
autocrat. AbstIactedly, proper a. were the al
ierations proposed in the existing laws in refer
cnce to foreigners there was sufficient in the
manner in which they were oxtorted from the
fears Of Lord P0lmorstons government to
arouse the jealousy and scnsitivene-s Of the
English people and TO induce them to view with
distrust ministry which was 80 ready to yield
to the alarms inspired BY the military bravo
docs Of the Mo'atcv The English have pride,
o well a. material Interests. aud their
blood naturally boils at ihe as.ump-
ton Of tone which implies. IL il
does not actually convey, threat The over
throw Of minister confessedly one Of the most
popular that has ever held the reins OF. power In
England, shows how deep rooted and universal
il the feeling Of resentment excited amongst
them 10y such conduct, ard how slight is the de-
pendence TO be placed upon the continuance Of
the alliance between the two countries The
very defeat Of this minister cannot, in fact. DC
regarded in any other light than as a gauntlet
thrown down to France, and as the commence
ment Of series of complications which will in
volve the whole Of Europe in trouble
The best barometer Of public feeling In con-
ncciion with political questions is to be found
In the operations Of the money market. 1t was
ouly O few days since that we had occasion 10
note the TACT that Notwithstanding the depres-
sion attending The late panic, American stocks
were again rising into favor abroad with a
rapidly which nothing but political
influences could explain. We expressed our be.
lief that these influences were due TO the preca-
rious state Of the relations between England
and France, and the conviction that seemed TO
prevail that the refugee question would prove
the rock on which the entente oordirk would split.
The resignation Of The Palmerston ministry fully
realizes the anticipations suggested by this cir
cunlstsnce, and We are now justified in looking
upon The alliance between the two countries as
virtually dissolved.
That public feeling 10 England should have
proeipitated result which Louis Napoleon
may have remotely contemplated, but certainly
did not Immediately desire, is we think, credit
able TO the spuuk and menliness 81 the English
people. In the universal expression of indigna-
ton elected by the late abominable attempt
Upon bis life, the French Emperor thought
that be had found the means of extending
his system of political terrorism to consti-
tutional countries II is but right that
be should be taught that what he mistakes
for tribute to the merits Of that system Is but
the expression Of moral sentiment, which ap-
plies equally TO the safety Of the bumblest citi
zen az 10 bis own. In the excess Of his eager.
ness 10 avail himself of this supposed feeling, be
has ovolesped the barriers Of prudence, and
destroyed 10 moment the fruits ofhis last few
years political scheming. Had be been intent
on prcvokinr a cuarr,l Ditb tis Enoiisb allipa