_March 29th._--Great excitement yesterday in the town, particularly at Brooks's. The most interesting event was the City election, and the return, which under the circumstances may be called triumphant, of John Russell, which was made more agreeable to himself and his friends by the defeat of Raikes Currie, who came from Northampton on purpose to turn him out. Up to the last hour John Russell continued to lead at the head of the poll, after which he fell off and only ended third, but still he had 7,000 votes after having been assured by his old adherents (J. Abel Smith in particular) that his success was hopeless, that he would be beaten 'disgracefully,' and probably would have hardly any votes at all. After this the most interesting events were the defeats of the Manchester men, and generally, though not universally, of the voters for Cobden's motion, Bright and Milner Gibson, Cobden, Ricardo, Layard, all defeated. It seems that Manchester and the other great towns had got tired of their leaders, who had made themselves unpopular by their opposition to the war. I am sorry for the loss of Bright and Cobden, because such able men ought not to be ousted and replaced by mediocrities. Palmerston's speech at Tiverton was in the same style, but far less offensive and objectionable than his address and his Mansion House harangue. The most remarkable part of it was the total silence which he observed as to his intention upon reforms and domestic questions generally, or rather his positive refusal to say a word on the subject or to pledge himself in any way; he evidently means to meet his Parliament free to take any course his interests may dictate. There was one remarkable speech yesterday, considering what the man is who uttered it. Vernon Smith at Northampton spoke as follows: 'Mr. Disraeli said Lord Palmerston was the Tory chief of a Radical Cabinet. I do not admit the description as regards Lord Palmerston, but I accept the designation as to the Cabinet of which I am a member. A great statesman once said that parties were like fishes (it was snakes, I believe), and their heads were propelled by their tails, and it will very likely be found that the head of the Government will in like manner be propelled by his tail.' The words are not exact, but the meaning is, and it must be owned a remarkable declaration for a Cabinet Minister to make as to his chief, and such a chief. I believe that it will turn out to be the truth. The returns so far as they have gone are frightful, and a deluge of Radicalism and violence will burst out in the House of Commons. There will be a Radical majority prepared to support Lord Palmerston and to keep him in power, but on the condition of his doing their bidding, and consenting to their demands, nor will he be able to help himself. He will no doubt try to do as little as possible, but there will be no strong Conservative party to which he can appeal from