Talleyrand, Dino, Palmerston, Esterhazy, came yesterday and went away to-day--that is, the two first and the Seftons did. There has been another contest in the Cabinet about the Peers, which has ended in a sort of compromise, and five are to be made directly, two new ones and three eldest sons called up. Old Talleyrand came half-dead from the conferences, which have been incessant these few days, owing to the Emperor of Russia's refusal to ratify the treaty and the differences about the Belgian fortresses. One conference lasted eleven hours and a quarter, and finished at four o'clock in the morning. Gorhambury, January 7th, 1832 {p.229} [Page Head: EFFORTS OF THE MODERATE PARTY.] Came here to-day. Berkeley Paget and Lushington; nobody else. Had a conversation with Lady C. before I came away; between Palmerston, Frederick Lamb, and Melbourne she knows everything, and is a furious anti-Reformer. The upshot of the matter is this: the question about the Peers is still under discussion; Lord Grey and the ultra party want to make a dozen, _now_, the others want only to yield five or six. Lord Grey wrote to Palmerston saying the King had received his proposition (about the Peers) very well, but desired to have his reasons in writing, and to-day at twelve there was to be another Cabinet on the subject, in order probably that the 'reasons' might go down by the post. The moderate party in the Cabinet consists of Lansdowne, Richmond, Palmerston, Melbourne, and Stanley. Palmerston and Melbourne, particularly the latter, are now heartily ashamed of the part they have taken about Reform. They detest and abhor the whole thing, and they find themselves unable to cope with the violent party, and consequently implicated in a continued series of measures which they disapprove; and they do not know what to do, whether to stay in and fight this unequal battle or resign. I told her that nothing could justify their conduct, and their excuses were good for nothing; but that there was no use in resigning now. They might still do some good in the Cabinet; they could do none out of it. In fact, Durham and the most violent members of the Cabinet would gladly drive Palmerston and Melbourne to resign if they could keep Stanley, who is alone of importance of that squad; but he is of such weight, from his position in the House of Commons, that if he can be prevailed upon to be staunch, and to hold out with the moderates against the ultras, the former will probably prevail. Durham wants to be Minister for Foreign Affairs, and would plague Lord Grey till he gave him the seals, unless his other colleagues put a veto upon the appointment. But the anxiety of the Reformers to make Peers has not reference to the Reform Bill alone; they undoubtedly look further, and knowing their own weakness in the House of Lords, they want to secure a permanent force, which may make them stronger than their antagonists in that House. Otherwise they