Every line of the foregoing pages was in type, before the length and breadth of the land was thrilling with delight inspired by the Earl of Derby's splendid reappearance on the scene of the two former triumphs celebrated in those pages; and if we had written after perusing the report of the noble Earl's speech on Monday evening the 15th of March, we should not have modified a single expression, or varied a hair's-breadth from the course which we had taken, after much deliberation concerning the position and prospects of the new Administration, except perhaps in two respects:--First, to note the rapidity with which the noble Earl is visibly satisfying all the conditions, moral and intellectual, of the highest responsible statesmanship; while his noble but unhappy predecessor is dwindling down into a mere baffled tactician and partisan. At the very moment that mere petty spite and virulence were exuding from the leader of an Opposition consisting of a suddenly-fused aggregate of incompatibilities, his noble successor was ascending to a still higher vantage-ground, and calmly unfurling afresh the glittering standard of conservative statesmanship. Calm, resolute, circumspect, the higher the altitude he has reached, and the more comprehensive the view he has taken, the stronger appears his position, the distincter his enemies' real weakness under the guise of apparent strength. It is now clear to our minds that Lord John Russell and his friends had calculated on prodigious effects springing from causes deemed by himself adequate to produce them, namely, an array of untried officials; and that confusion and "_consternation_" throughout the country which his friend Lord Grey had, to the very utmost of his little power, striven to excite, under the prospect of a suddenly-reversed commercial policy. _But it will not do._ Faction already "'gins pale its ineffectual fires" before patriotism; and the star of Stanley is unquestionably at this moment in the ascendant. Passing over Lord Derby's overpowering _ad hominem_ argument to Lord John Russell, reminding him of the day when he was in Lord Derby's position, and held the language which he now denounces in his successor; and the quiet contempt with which the noble Earl disposes of the little worn-out tricks of agitators and demagogues, unable to do more than develop virulent pustules of local irritation in divers parts, without hurrying the pulse or corrupting the circulation of the general body politic, we come to the Premier's appeal to the state of the public Funds--a topic of confident congratulation in the preceding pages.[L] Lord Beaumont had made a piteous appeal to the new minister, on behalf of certain petitioners, complaining of the fearful consequences, apparent and apprehended, of the recent changes, and of uncertain policy. "Where," asks the cheerful Earl, speaking upwards of a fortnight after the delivery of his great speech--which we are more than ever