POSTSCRIPT.
SATURDAY MORNING.
A report is in circulation that Earl GREY has resigned, but we have not been able to trace it to any authority that can be relied upon ; nor da we credit it. On the contrary, we believe, that up to the present hour, the majority of the Cabinet are singularly blind to the perils of their position, and that Earl GREY is so unaccountably infatuated as to dream even now of carrying the Irish Church Bill. The actual con- dition of the Ministry is so desperate, that it is extremely difficult to vty what would be the most discreet course for them to pursue at the present cr: Whether they stay in or go out, in all probability they are equally lost. Perhaps, however, the best thing they could do, would be, to resign at once in good earnest. Their opponents are as yet hardly prepared to take their places. Assuredly they would prefer that Earl GREY shouiri i:ei;;;; office for the present, .and reap a still more abundant harvest of discredit and odium troii; unnerfect and un- popular measures. It is not impossible, therefore, that by pursuing a manly and decided course, Earl GREY might even yet recover some portion of his lost ground; at all events, he would perplex the now all-powerful Opposition in the Lords—the absolute masters of the na- tion's policy.
There seems to be some doubt as to the plan of operations which the Conservatives mean to adopt in dealing with the Irish Church Bill next week. It has been surmised, that they will permit its second reading, and then, after mutilating it in Committee, in order to humili- ate the Ministry still more, give it a final blow on the third reading. But, after the declarations of the Dukes of WELLINGTON and BUCK- INGHAM in regard to the Coronation Oath, we do not see how they can assent to the principle of the bill ; and therefore, should beinclined to foretell that it will be rejected one Wednesday next, on the motioo fot the second reading.
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