The political intelligence of the month has little interest. The Derby Ministry still retains office, but without any definite announcement of the line of policy it intends to pursue. On the evening of February 27, the Earl of Derby made a statement of the reasons which had induced him to take office. With regard to the intentions of the new ministry, he said he should seek to maintain peace with foreign nations by calm and conciliatory conduct, and by strict adherence to the obligations of treaties. He was for rigidly respecting the right of every nation, great and small, to govern themselves in their own way. So far as the national defenses were concerned, he thought the preparations wisely made by his predecessor should be continued, so as to screen the country from the possibility of invasion. As regarded refugees, while England was the natural refuge of all political exiles, it was the duty of the latter not to abuse her hospitality; and the government was bound to keep watch of them, and warn their governments of any steps they might take hostile to their peace. With regard to financial measures, although he avowed his belief that a revision of the existing system was desirable, he was aware that it could only be effected by reference to the clearly expressed wish of the people. So large a question could only be dealt with by a government strong in popular confidence, and not by one called suddenly to office. He did not know whether he had a majority in that House; he knew he was in a minority in the other--but he had not felt that the public interest would be consulted by a dissolution at this period of the year and in this condition of the world. Government would have to appeal to the forbearance of its adversaries and to the patience of its supporters, but he had too much confidence in the good sense of the House of Commons to believe that it would unnecessarily take up subjects of controversy while there were legal and social reforms for which the country was anxious. In reference to the measures introduced by the late government, he said that he was most desirous to crush corruption to the utmost of his power, but that, as regarded the proposed reform bill, he should not follow it up, and he warned his hearers, especially members of the House of Commons, against the danger of perpetually unsettling everything, and settling nothing. He did not contend that the system established in 1831 was perfect, or did not require amendment, but he wished to be sure that a proposed remedy would not aggravate the evils complained of. As regarded education, the feelings of all classes had united in the conviction that the more you educated the safer was the country; but he was opposed to the mere acquisition of secular knowledge, dissociated from the culture of the soul. And although he looked on all engaged in education as his fellow-laborers, his chief reliance would be on the parochial clergy.