18 MAY 1867, Page 1

Mr. Gladstone made an important speech last night in favour

of the motion for the complete abolition in Parliamentary boroughs of the Small Tenements' and other local compound- ing Acts. He showed that this was quite in harmony with the principle of the Government Bill, and promised that he would regard it as a condition of peace, and would virtually with- draw his opposition to the Bill if the Government would concede it. It was a source of regret to him, he said, to sacrifice the economical objectii of these compounding Acts ; still, he saw m- other opening for peace. Mr. Disraeli accepted the proposal in the name of the Government, promising that he would state on Monday how he would effect the object. Lord Cranborne expressed strongly his dismay and wrath.