Fifteen years have elapsed since Sir Robert Peel made his memorable speech in Merchant Tailors' Hall; and the foundation was laid, in the unanimity of three hundred and fifteen independent members of the House of Commons, of that great party which at length proved triumphant in the country, and some years afterwards returned him by a majority of 700,000 out of 1,000,000 of electors, and a majority of 91 in the House of Commons, as Prime Minister of England. The victory then achieved, the triumph then gained, rendered the future a matter of comparative ease in Government, of certainty in anticipation. The nation had spoken out: PROTECTION TO NATIVE INDUSTRY in all its branches--agricultural, manufacturing, and colonial--was the principle which had banded the majority together; and the victory was so great, the bond which united them so strong, that, for this generation at least, all attempts, by external aggression, to shake their government must have proved nugatory. England was once again united: the great cause of domestic industry of the universal people had triumphed. All that was required of its leaders was to have remained true to themselves, to have adhered to their principles, to have proved faithful to their professions; and most assuredly the great majority of the nation would have proved faithful to them. An opening was afforded, a foundation was laid, for the formation of a great NATIONAL PARTY, which, discarding the now senseless divisions of former times, was intent only on fostering the industry of the whole working-classes of the community, and on rearing up, on the basis of experienced benefits and acknowledged blessings, a great and united British empire in every quarter of the globe.