did not, however, last long; Lord Anglesey had a generous disposition, and was too fair and true to do permanent injustice to the Duke. I do not know how the reconciliation between them was brought about, but their temporary alienation was succeeded by a firm and lasting friendship, and the most enthusiastic admiration and attachment entertained by Lord Anglesey towards the Duke. For many years before the death of the latter, the two old warriors were the most intimate friends and constant companions, and every vestige of their former differences and antipathies was effaced and had given way to warm sentiments of mutual regard. When the regiment of Guards became vacant, King William sent for Lord Anglesey and announced to him that he was to have it; he of course expressed his acknowledgements; but early the next morning he went to the King and said to him that he felt it his duty to represent to him that there was a man worthier than himself to have the regiment, that Lord Ludlow had lost his arm at their head, and that he could not bear to accept that to which Lord Ludlow was so justly entitled. This remonstrance, so unselfish and honourable, was accepted, and the regiment was conferred on Lord Ludlow.[1] [Footnote 1: George James, 3rd Earl of Ludlow in the peerage of Ireland, and created a baron of the United Kingdom in 1831, was born December 12, 1758, and died April 16, 1842, when the titles became extinct. He served with distinction in the army, and was colonel of the 38th regiment of foot.] A FINANCIAL FAILURE. _May 7th._--The failure of Gladstone's Exchequer Bill scheme has been very injurious to the Government, and particularly to him. The prodigious applause and admiration with which he was greeted last year have given way to distrust and apprehension of him as a finance minister, and the repeated failures of his different schemes have in a very short time materially damaged his reputation, and destroyed the prestige of his great abilities. All practical men in the City severely blame him for having exposed himself to the risk of failure, and reproach him with the folly of trying to make too good a bargain, and by so doing exposing himself to the defeat he has sustained. The consequences will not probably be serious, but the Government is weakened by it, and the diminution of public confidence in Gladstone is a public misfortune.