8 DECEMBER 1838, Page 9

1.IThe Times this morning observes that the" indications of the

last week would lead a calm observer to imagine that a new and curious modification of parties is about to show itself."— Very likely. It is an universal opinion that the Government cannot go on, as at present constituted, beyond Easter at the furthest; and it is scarcely probable that it will bold together so long. Everybody is prepared and looking for a change : respecting the precise nature of that change, and the mode in which it will be effected, there are of course various speculations. On dit, that when Lord MELBOURNE shall find it impossible to hold his place any longer—that no cajolery of men or parties, no exercise of Court influence, will avail him—that out he must go; but retaining still the personal influence over the young and innocent Queen, which has exalted him to the post of Royal Favourite; he will advise her Majesty—to attempt the formation of another Liberal Cabinet ? No, but to discard at once the humbug of Reform, and send fur his Grace the Duke of Wellington!