The Life Peerage Bill was thrown out on the third
reading on Thursday, on a motion by Lord Malnaesbury. That worthy Peer thinks the House of Lords already perfection, "the oldest Legislative body in Europe, the highest, and the most respected," and believed, therefore, that a seat in it would not be valued ! At least he said good men would not take Life Peerages. Earl Stanhope pointed out that the Bill would enable Government to seat the Irish Archbishops, who now ought to disappear, and Lord Granville alluded to the compromise agreed on. Lord Cairns, however, told the truth very plainly, siying he was afraid to have the constitution of the House discussed in the Commons, and oat it went by 106 to 77. Peace be with the ricketty little bantling ! When we see it next it will be an armed man, and Lord Salisbury will have another illustration of the impolicy of "No surrender."