The people are wild about this war, and besides the general confidence that we are to obtain very signal success in our naval and military operations, there is a violent desire to force the Emperor to make a very humiliating peace, and a strong conviction that he will very soon be compelled to do so. This belief is the cause of the great rise which has been taking place in the public securities, and all sorts of stories are rife of the terror and dislike of the war which prevail in Russia, and of the agitation and melancholy in which the Emperor is said to be plunged. But the authentic accounts from St. Petersburg tell a very different tale. They say, and our Consul just arrived from St. Petersburg confirms the statement, that the Emperor is calm and resolute, that his popularity is very great, and the Russians of all classes enthusiastic in his cause, and that they are prepared to a man to sacrifice their properties and their lives in a vigorous prosecution of the war. Footnote 1: It seems it was Mr. Walpole who insisted on the second division, which he did for the express purpose of neutralising the effect of the first, hoping to get a majority, which he did, and it was rather dexterously done. UNPOPULARITY OF LORD ABERDEEN. _July 9th._--It is remarkable that the Government are unquestionably stronger in the House of Lords than in the House of Commons, as has been clearly proved by the result of the Oxford University Bill. Derby endeavoured to alter it, and was completely defeated. There were several divisions, in all of which the Government obtained large majorities, and at last Derby said it was evidently useless to propose any alterations, as the Government could do what they pleased in that House. The session is drawing to a close; that is, though it will last a month longer, all important business is over. The Government will end it much in the same condition as they were in at the beginning of it, only that their weakness and want of popularity have been manifested in a thousand ways during the session. Aberdeen's explanatory speech and the publication of his despatch of 1829 have given rather a turn to the current against him; for though his violent opponents still snarl at him and abuse him, the impartial people begin to think he is not so bad as he has been represented, and the excessive absurdity of the charges with which he has been assailed begins to strike people. There is still, however, a strong prejudice against him, particularly amongst the extreme Liberals, and I saw a long letter from Sir Benjamin Hall to the Duke of Bedford setting forth the discontent of the Liberal party and vehemently urging that the Government should be immediately modified, Aberdeen retire, and Lord John Russell again be Minister, with Palmerston as War Minister--perfectly absurd and impracticable, but showing what the notions are of the ultra-Radicals. The Tories, agreeing in nothing else,