vain, in the prosecution of as mad and wicked an enterprise as ever was undertaken by a civilized nation; the glory of our hitherto invincible arms tarnished; the finances of India deranged and wasted away in securing only fresh accessions of disgraceful defeat. In China, we were engaged, in spite of the whisper of our guardian angel, Wellington, in a _little war_, and experiencing all its degrading and ruinous consequences to our commerce, our military and naval reputation, our statesmanship, our honour. Did ever this great empire exhibit such a spectacle before as that which it thus presented to the anxious eye of the new Premier? Having concluded the disheartening and alarming survey, he must have descended to his cabinet oppressed and desponding, enquiring who is sufficient for these things? With no disposition to bestow an undue encomium on any one, we cannot but say, happy was Queen Victoria in having, at such a moment, such a man to call to the head of her distracted affairs, as Sir Robert Peel. He was a man preeminently distinguished by caution, sobriety, and firmness of character--by remarkable clear-sightedness and strength of intellect--thoroughly practical in all things--of immense knowledge, entirely at his command--of consummate tact and judgment in the conduct of public affairs--of indefatigable patience and perseverance--of imperturbable self-possession. He seemed formed by nature and habit to be the leader of a great deliberative assembly. Add to all this--a personal character of unsullied purity, and a fortune so large as to place him beyond the reach of suspicion or temptation. Such was the man called upon by his sovereign and his country, in a most serious crisis of her affairs. He was originally fortunate in being surrounded by political friends eminently qualified for office; from among whom he made, with due deliberation, a selection, which satisfied the country the instant that their names were laid before it. We know not when a British sovereign has been surrounded by a more brilliant and powerful body of ministers, than those who at this moment stand around Queen Victoria. They constitute the first real GOVERNMENT which this country has seen for the last twelve years; and they instantly addressed themselves to the discharge of the duties assigned to them with a practised skill, and energy, and system, which were quickly felt in all departments of the State. In contenting himself with the general superintendance of the affairs of his government, and devolving on another the harassing office of Chancellor of the Exchequer, which, till then, had been conjoined with that of the First Lord of the Treasury, Sir Robert Peel acted with his usual judgment, and secured, in particular, one capital object--_unity of action._