_March 1st._--The Government seem upon the whole to be going on prosperously. They have at present no difficulty in the House of Commons, where there is no disposition to oppose their measures, and an appearance of moderation generally, which promises an easy Session. John Russell has spoken well, and seems to have recovered a great share of the popularity he had lost. Aberdeen has done very well in the House of Lords, his answers to various 'questions' having been discreet, temperate, and judicious; in short, up to this time the horizon is tolerably clear. On the other hand the divisions have presented meagre majorities, and the Government have no _power_ in the House of Commons, and live on the goodwill or forbearance of the several fractions of which it is composed. John Russell is in his heart not satisfied with his present position, and not animated with any spirit of zeal or cordiality, though he is sure to act honestly and fairly the part he has undertaken. There is still a good deal of lurking discontent and resentment on the part of those who were left out, and of the Whig party generally, who are only half reconciled to following the banner of a Peelite premier; of the malcontents the principal are Carlisle and Clanricarde, who are both in different ways very sore; Normanby is dissatisfied, Labouchere, Seymour, and George Grey not pleased, but except Clanricarde none have shown any disposition to withhold their support from the Government, or even to carp at them. Aberdeen seems to have no notion of being anything but a _real_ Prime Minister. He means to exercise a large influence in the management of foreign affairs, which he considers to be the peculiar, if not exclusive, province of himself and Clarendon. Palmerston does not interfere with them at all, but he must do so, if any important questions arise for the Cabinet to decide, and then it is very likely some dissension will be the consequence. There are four ex-Secretaries for foreign affairs in this Cabinet, all of whom will naturally take part in any discussion of moment. Argyll began rather unluckily, running his head indiscreetly against Ellenborough on an Indian petition. He is burning with impatience to distinguish himself, and broke out too soon, and out of season; but he was not unconscious of his error, and it will probably be of use to him to have met with a little check at his outset, and teach him to be more discreet. He spoke again last night, and very well, on the Clergy reserves, when there was a brilliant passage of arms in the Lords, in which Lord Derby and the Bishops of Exeter and Oxford distinguished themselves.