The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1866-08-17
EARL DERBY's CABLE NEWS.

speech OF the British Premier on the
Condition of England = The German
War, and n Permanent Union" with
America by the Cable.
From the London Times, Au0ust2. ...
Last evening Lord Derby, as First Lord OF the
Treasury. and the rest OF her Majesty's Ministers,
dined with the Lord Mayor and the Lady
Mayoress. The invited guests were about two
hundred in number, and included not only the
Cabinet Ministers, put all the rest of the more
conspicuous members of the conservative party
in both houses OF Parliament. There were pre-
sent, besides the Earl and Countess of Derby.
the Lord Chancellor and Lady Chelmsford, the
Chancellor OF the EXchequer and Mrs. Disraeli,
the Danish Minister and Madame de Bulow,
General Negrete, Minister of the Republic OF
Salvador; Lord Stanley, General and Lady Alice
Peel, Viscount and viscountess Cranborfe, Sir
John Pakmeton. the Duke and Duchess of
Buckingham and Chandos, etc. etc.
The Lord Mayor proposed ''The Health OF her
Majesty's Ministers"
Earl Derby replied. In the course of his
speech he saId:-We have been called upon to
undertake duty for which we we're wholly un-
prepared, and, moreover at time when the
general course OF prosperity of this great coun-
Try is subjected to no inconslderab.e drawbacks.
At this moment we have pressing upon us
heavy monetary difficulty which weighs down
the commercial Grasses. We have had, and
still have to a certain extent, though now in
somewhat NIT gated form, q pestence among
our herds aud hOcks which has weighed heavily
upon many of our agricultural districts, and
which has produced an Injurious effect upon
| the consumers of meat in the increased prices
| OF which it has been the necessary consequence.
| We have also, l grleve to say, unmistakable
signs of tn at most dangerous disease the Asiatic
| cholera, which, after lingering a considerable
| time abroad, and when we had hoped 1t would alb
| stain from approaching our shores has suddenly
invaded US, and is calling for the most vieilant
ana careful precautions. | do not wish to draw
| dark picture of the position of this country
| AS against what have said upon the monetary
| pressure, believe that our commerce Is extend
| ing itself rapidly and widely, and what is OF
more consequence, safely also (hear, hear), tkat
| it is finding varied and multiplying channels
| Tor its development, and is year by year eX-
| tending itself and enlarging the resources
end increasing, the opulence of this great
town. (I1ear, hear) Again, / believe the:e
| never was time when labor reaped more
| ample reward, and when the working classes,
| with some exceptions no doubt. obtained a
lager aud tairer remuneration in return for
their toll than ithey do. AT present (Hear,
bear.) We may also l)ok forward, under the
blessing OF Providence, to an early and abundant
| harvest. (Hear.) And, chief blessing of all,
from that great scOurge of nations the war
| which for the last two months has been desc
lating the tairest portion OF Europe. (Hear,
| hear.) With regard to that war ! will say
| nothing more than this: While we look with
deep anxiety upon the changes which it may
| bring about In the state of Europe, ] believe
that the course which the Government have
pursued will be generally approved by the
| country. we nave dbSldlueu lTOUl bdhluR an
| active part in favor OF or against any OF the
belligerents. If we saw the slightest prospect
| OF procuring by our mediation and good Offices
| the inestimable blessings of peace, we might
| be tempted to intervene If asked to do
so, But we have not thought that it was
our duty to obtruce our advice our counsel, OF
our good offices, and to interfere with matters
which, although in their ultimate results they
may touch remotely the interests OF this coun
try, do / OF at the present moment appear either
| TO affect cur honor or our interests. (1ear
hear) 1t is with the greatest satisfaction We
hear that preliminaries have been already
agreed upon between the belligerents, which
may have the effect OF restoring to Europe the
| peace of which 1t stands so much in needs anc
| no country in Europe, no country in the world
| will so much rejoice in the restoration of peace
as England, the primary object OF whose MIuis
tcrs 10 whatever party they belong, must be thu
| maintenance of the tranquility which is essen
tial TO the development of the extended trade o
this great commercial empire. (Cheers.) But
| my lords, peace has its triumphs as well as war
and no sIeater triumph, l think, can have beef
achieved than that which has been accomplished
| within the last few days in the renewed success
OF the attempt to bind by the electric telegraph
the Two great continents Of Europe and America
and more especially TO unite this country will
the great American republic with which W
have so many ties III common-community
language community OF origin, and community
II not of institutions, at least of the principle
upon which those institutions are founded
(Cheers.l Every reason OF interest and artact
ment leads us to desire that bet ween Ourselve
and America there should be a most intimat
and permanent union. Now, received today
at hali-past i O'clock, telegram dated froC
New York this morning, informing me, anon
other things, OF the arrival of British vessel Q
New York yesterday evening. ask those who ar
! connected with the commerce OF this country an