Lord John Russell said he could not understand the object of such a motion, and that he should oppose it. After some further debate the amendment was put and carried, ayes 136, noes 125, showing a majority against the Ministry of 11. Lord John Russell expressed great surprise at the vote, and said that he should hold office no longer. The resignation of the Ministry under such circumstances created a good deal of surprise. In the course of three or four days a new cabinet was formed under the leadership of the Earl of Derby--late Lord Stanley--which is thoroughly Protectionist in its sentiments. The Earl is Prime Minister; Mr. Disraeli is Chancellor of the Exchequer and leader in the House of Commons; Mr. G. F. Young is Vice President of the Board of Trade; Duke of Northumberland, first Lord of the Admiralty; Lord John Manners, Commissioner of Woods and Forests; Sir F. Thesiger, Attorney General; Earl of Eglintoun, Lord Lieutenant of Ireland; Duke of Montrose, Lord Steward; Lord Stanley, Under Secretary for Foreign Affairs. It is supposed that the new Ministry will break ground at once against the corn-law policy established by Sir Robert Peel, hostility to which is the only bond of union among its members; and the universal belief is that the new administration will fail to be sustained by the country on that question. One of the earliest topics to which the attention of the Earl of Granville, Lord Palmerston's immediate successor, was called, was the degree of protection which England should afford to political refugees from other countries. In reply to representations on this subject from the Austrian Government, Earl Granville, in a dispatch dated January 13, spoke of the right of asylum which England always had granted, and could never refuse to political refugees; and added that the English government would, nevertheless, consider any intrigues, carried on there against governments with which they were at peace, as a breach of hospitality, and would not fail to watch the conduct of suspected refugees, and to prevent them from abusing the privileges afforded them by English laws. Prince Schwarzenberg, in reply, expressed satisfaction at the tenor of these assurances, but said, that until the words of the English government were followed by deeds, it would be necessary for Austria to take measures of precaution and protection against the dangers which the ceaseless machinations of foreign refugees on English soil created. The Imperial government would be especially rigid in regard to English travelers, and would, moreover, reserve the right of taking into consideration ulterior measures, if, unhappily, the need of them should still make itself felt.----A terrible disaster from floods occurred in the north of England on the 5th of February. Several of the factories of the town of Holmfrith, near Huddersfield, were supplied with water by large reservoirs, in which an immense body of water had been accumulated.