2 SEPTEMBER 1865, Page 1

Mr. Frederick Peel, probably on account of his misfortune in

losing his seat at Oldham, partly also, one would surmise, because he finds the Government wanting in any energetic desire to find him a new place in the House, has resigned the Secretaryship to the Treasury, where he was not very efficient, and been succeeded by Mr. Childers, who became Junior Lord of the Admiralty after Mr. Stansfeld's resignation. It is probably a change for the bet- ter. Mr. Stansfeld's old post is still vacant, but if he returns to the Ministry we trust he will take higher rank than before.