The King came to town a week ago. From the moment of his arrival every hour produced a fresh report about the Administration; every day the new appointment was expected to be declared, and the Ministers Peel, Lord Bathurst, Duke of Wellington, and Canning were successively designated as the persons chosen to form a Government. He had no sooner arrived than he saw his Ministers _seriatim_, but nothing could induce him to come to any determination. He wavered and doubted, and to his confidants, with whom he could bluster and talk big, he expressed in no measured terms his detestation of Liberal principles, and especially of Catholic Emancipation. He begged his Ministers to stand by him, and day after day elapsed and nothing was settled. In the meantime London was alive with reports; and the _on dit_ of the day, repeated with every variety of circumstance and with the usual positiveness of entire ignorance, would fill a volume. Time crept on, and Parliament was to adjourn on the 13th (this day). On the 9th Canning went to the King, and, after a long audience, he came away without anything being settled. On the 10th he went again, and told his Majesty that longer delay was impossible, and that he must come to some determination. On the evening of the 10th we received a note from Lord Bathurst, saying that the King had desired Canning to form an Administration on the principles of that of which Lord Liverpool had been at the head. This was not generally known that evening. Last night it was said that the Duke of Wellington would not remain in the new Cabinet, and we heard that Peel had resigned. To-day everything will probably be known. Canning and his friends say that the King has behaved admirably in this business, and they affect to consider his appointment unconditional and unfettered; but this is by no means the view which the others take of it. The King, however, has acted in such a way that all his Ministers (except those whose interest it now is to laud him to the skies) are disgusted with his doubting, wavering, uncertain conduct, so weak in action and so intemperate in language. It is now supposed that he has been influenced by Knighton in coming to this determination, in which he certainly has acted in a manner quite at variance with his professions and the whole tenor of his language. It must be owned, if this is so, that although Canning has gained his point--has got the power into his hands and is nominally Prime Minister--no man ever took office under more humiliating circumstances or was placed in a more difficult and uncertain situation; indeed, a greater anomaly cannot be imagined. Canning, disliked by the King, opposed by the aristocracy and the nation, and unsupported by the Parliament, is appointed Prime Minister. The King, irresolute and uncertain, is induced to nominate a man whose principles and opinions he fears and dislikes by the advice and influence of his physician. The