27 FEBRUARY 1841, Page 10

The daily papers are occupied in discussing the bearings of

"the division." The Whig journals are gleesome, because the questions of a dissolution and a resignation are postponed. The Tory papers exult, because the majority makes certain the passing of Lord Stanley's mea- sure—for Lord Morpeth's, they foretel, will be stripped of all its distinc- tive features in Committee, and shaped by the same hands which framed the rival bill.