The New York herald., 1868-04-05

| lators. Coffee was in more demand ana firm. On
| Change, -four was sparingly dealt in and heavy
Wheat was quiet, but firmly held Corn opened
steady, but closed a1c. lower; while oats
closed firm, Pork was In fair request and trife
better. Beef, though quiet, ruled firm, while lard
was more sought after and higher Freights were
quiet but firm. Naval stores were without activity
but steady in value. Petroleum-CrudeA dull
and heavy, while bonded was dull, but firm.
Disraelps Defeat-Important Vote of the
British Parliament.
At three o'clock yesterday morning the Brit
ish House of Commons, amidst a scene of ex-
traordinary excitement, and in the presence
of the heir apparent to the throne and other
members of the royal family, adopted Mr.
Gladstone's resolutions for the disestablish-
ment and disendowment of the Irish branch
of the State Church, recording by the act the
most important vote given by the legislature
of England since the Restoration, not except
ing even the votes pronounced in ratification
of the Irish union, for the adoption of the
Catholic Emancipation bill, the Reform bill of
1882, or the bill for the repeal of the Corn
|
incisve debate six hundred members at
tended and solemnly declared that the
Protestant Church has failed in Ireland,
and that Premier Dsraeli does not en-
| joy the complete confidence of tho
nation. The Irish Church found few, if any,
supporters, for, as will be seen by our cable
reports of the debate, the tactics of the Minis
| ters and their adherents were directed merely
| to the obtainment of postponement of the
| issue until such time as a Royal Commission
had reported on the condition of the establish
ment. On the other hand, its opponents went
down to the House fortified with statistics,
argument and written evidence to show that
the establishment has been unfruitful as q
missionary evangelism, is ungenial to the
soil, disproportionate to the resources of the
island, and source of ill-will and discomfort,
if not a ''badge Of serfdom," to the inhab-
tants. Their deduction was that immediate
action was demanded, and the House, by sixty
majority declared that the motion to postpone
should be rejected, and that what the London
Times of yesterday morning terms the ''cancer
moved"
The sequence Of this vote is the condemna-
ton of the Disraeli Premiership, aud in this
is to be found its real significance and i'm
portance. The Irish Church was doomed in
anticipation, but it was asserted and hoped by
many that the aspiring Israelite could so ma
nipulate the political parties, and so direct the
course of the constitutional revolution now in
progress in Great Britain, as to enable him to
retain Office for considerable period The
country has informed both the Premier and his
supporters of their mistake. The English
people endorse the principle of progressive
reform and governmental change to their
fullest extent, but they at the same time wish
that the process of complete popular enfran-
chisement should be conducted under known
leadership and by healthful political combi-
nation of educated radicalism with the en-
lightened aristocracy of the colleges and the
citizen industry, which constitutes the real
strength of the kingdom. This organization
could not be had under Disraei Perseyer-
ing as politician, persistent as man, useful
as a servant of the tories, and free from the
prejudices of class or family, Dsraeli at the
head of the Cabinet symbolled change and indi-
Gated revolution; but this was, after all. in
the eyes of the people, the change, progress
and revolution of an advcnturer. This conyic
ton was very fully expressed during the debate
just terminated; for we see that in its progress
the Premier was taunted as q 'zigzag," a
''mountebank politician" Insulting to the
dignity of Parliament" and reminded of his
personal assaults on ''Peel' in words which
show that the parliamentary prophecy of the
deceased "Liberator' of Ireland, as he was
called, that the constitution of England will
yet be crucifed between some repentant minis
ter and the descendant of the impenitent
thief" is not likely to be fulfilled if the British
people can prevent its realization
Mr.. Disraelis defeat inaugurates a quasi
ministerial crisis in England His Cabinet is
rendered powerless in the House of Commons |
and meets little favor from the Peers. BY tacit
agreement with the opposition he will complete
the public estimates and submit the annual
budget. The question arises, what course
will the Premier adopt after the Easter
recess3 Resign, or dissolve Parliament? Il
is highly probable that he will be driven to |
resignation by some new tactic of the
opposition during the renewed debate
on the subject on which he has
been defeated. Mr.. Disraeli could scarce ely
gain by dissolution of Parliament. Glad
stone has outbid him, and the "wild cheers"
with which the liberals hailed the result of the
division indicate that Mr.. Gladstone is the
more acceptable leader towards future change.
without the support of Lord Stanley and the
friends of Earl Derby, Mr.. Disraeli would have
only weak support in the present Parla-
ment. This would scarcely be reinforced by