18 FEBRUARY 1865, Page 1

Mr. Cardwell will rejoice in the decision of the New

Zealand Ministry, and had better recall Sir George Grey if he wishes it to be successfully carried out. Mr. Cardwell himself evidently feels that the policy of the war is getting quite beyond his grasp. In a despatch which has not reached New Zealand, only written' On the 26th of January, he declares himself in favour of self-government, both as to " the affairs of the colonists and the affairs of the natives," but not in favour of our lending troops for a policy determined in New Zealand. On this ground he apologizes for drawing the curb so much tighter than the late Duke of Newcastle, for the Duke wrote when very few troops were in the colony. Mr. Cardwell conceives it evidently as a rule of three sum, —As 2,000: 10,000 : : power of settlers in Duke of Newcastle's Secre-

taryship : power of settlers in Mr. Cardwell's—a principle the defect of which is not so much its injustice as that in proportion as the political power of the settlers is diminished there is no intelligent political power, nothing but the gropiugs of the Colonial Office, twelve thousand miles and two months' distance off, to take its place.