LATEST ENGLISH NEWS. [From the Melbourne Argus, July 21.]

New Zealand Spectator and Cook's Strait Guardian, 6 August 1853, Page 3

LATEST ENGLISH NEWS. [From the Melbourne Argus, July 21.]

The Budget has been even more successful than was anticipated. On the first division, ministers bad a decisive majority, notwithstanding that most of the Irish members voted against it. Many of the English " Liberal Conservatives," who supported Lord Derby when he was in power, have now gone over to the Ministerial side, at least on this question. The division had reference only to the income-tax, and several other points of the financial scheme remain to be settled ; bat there is no doubt that they will all be carried by large majorities, with only sudh alterations as the Government may choose to make. To the surprise of many persons, including Lord Derby himself, the rather ingenious amendment which be proposed for the purpose of defeating the Canadian Clergy Reserves Bill was not successful, being rejected hy 117 votes to 77. The Peers were not disposed to risk the loss of the most important British colony for the sake of preserving an invidious privilege to one portion of its clergy. But to display their independence their Lordships threw out the Jew Bill of the Ministry, a few nights afterwards, by the still larger majority of 164 to 110. The Liberals are rather gratified and amused by this result than otherwise, seeing that, until this question is settled, there cannot be Complete confidence between Disraeli and bis party — he being pledged to vote for the bill which they regard with detestation. The intentions of the Government with regard ! to the conveyance of the Australian mails, and generally with respect to the mail-packet service on all lines, have been made known, and seem to have given satisfaction in commercial circles. They propose, as the contracts fall in, not to rene\v them for any considerable time, but to call for tenders for each voyage, or perhaps for two or three voyages, and to gite these temporary contracts to the parties who shall undertake to make a voyage in the shortest. time. It is thought that by this arrangement there will be secured both an increase of speed and a reduction of ex* pense. The yonng Prince will, it is said, be named Leopold George Duncan Albert ; and his sponsors ' will be the Kings of Belgium and Hanover, and the Duke of Cambridge. The Chambers ol Commerce seem in earnest at last about Commercial Law Reform* A very important and unanimous meeting was held in Liverpool the other day, when delegates were present from all parts of the country, and the establishment of Tribunals of Commerce insisted upon. The Continental journals announce that there is to be a congress of sovereigns at Vienna in the latter part of this month. Among those who are expected to attend it are mentioned the Kings of Russia, Bavaria, Belgium, and Greece, and the princes of some of the minor German Slates. The Emperor of Russia, if be should not, be at present at the meeting, will come as far as Warsaw, to be at hand for con* sultalion. The Tuikish question is supposed to have set their Majesties and Serene Highnesses in motion. Louis -Napoleon, annoyed at the prospect that Russia and Austria wouW divide -Turkey between them, without giving him any'share of the spoils, has sent to' the Governments of Belgium', Holland, md; Piedmont a significant bint that, in the event of such a partition, those three countries must expect to be annexed to France. This unscrupulous and audacious 'menace has considerably alarmed the other great military powers, and hence the meeting for taking counsel on the subject.