_February 27th._--The debate in the Lords on Monday night affords a prospect of an amicable termination of the Peerage case, but the Government still have a lingering hope that by some management and contrivance they may avoid the necessity of submitting to their defeat and acting accordingly. There is to be a Committee on the Appellate Jurisdiction, and they think they may obtain some report which may enable them to get out of their scrape, but the only way I can make out by which they think of doing this is to lay the foundation of a bill to enable the Crown to make a limited number of Life Peers. This would, however, be a more formal acknowledgement of error, and that the Queen does not possess the prerogative, than any other course. I expect they will at last be driven to adopt the course I recommended, that of making Parke a Viscount, hereditary of course. Last night, Disraeli made a bitter attack on the Government, to which Labouchere replied with a spirit for which nobody gave him credit. The Opposition displayed great warmth, and a disposition to show serious fight on any occasion they could find. Certainly the Government cuts a very poor figure, and it is difficult not to think that as soon as the all absorbing question of peace or war is decided, they will be much put to it to defend themselves, unless they conduct affairs much better for the future than they have done up to the present time. Hitherto they have presented a series of blunders, failures, and exposures. First of all the Peerage question; then, much worse, in the House of Commons, Lowe's Bill on Shipping Dues, which Palmerston was obliged to withdraw last night, not at all creditably, and the failure of which was in a great measure attributable to Lowe's very injudicious speech, which, as he is the organ of the Board of Trade in the House of Commons, was in itself a great evil and misfortune. George Grey's Bill on County Police meets with such opposition that though it is a very good measure he will probably not be able to carry it. But still worse than these are the case of the Crimean Report with all its incidents, one blunder after another, and the wretched exhibition of Monsell in moving the Ordnance Estimates, amounting to a complete break-down. All these things, one after another, place the Government in a very weak and contemptible position, and show that in spite of Palmerston's having recovered a good deal of his personal popularity in the House of Commons, his Government has no strength, and his being able to go on at all is only owing to the peculiar circumstances in which the country is placed, and the extreme difficulty of any other Government being formed which would be palateable to the country, more efficient, and therefore stronger and more durable than the present. To-morrow I purpose going to Paris to see and hear what is going on at this interesting moment. [Sidenote: A VISIT TO PARIS.]