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By the arrival of the steamship Europa we have European advices to the 10th inst. The great debate in Parliament on the resolution of Mr. Disraeli, virtually amounting to a censure of the Palmerston Ministry, resulted in a majority of eighteen for the Government in the House of Commons, and a majority of nine against the Government in the House of Lords. The vote of the lower House is regarded as a satisfactory endorsement of the ministerial policy, but no triumph. The Times, of the 10th, publishes forty two columns of the proceedings in Parliament. The following is a sketch of the proceedings:

In the House of Commons, on the 7th, the debate on Disraeli's motion of censure was resumed, and a fierce party debate ensued

Mr. Layard severely denounced Disraeli's argument, and charged him with having garbled Parliamentary papers.

Mr. Hardy indignantly replied, and said Mr. Layard's statement was calumnious. This word was objected to.

A member contended it was permissible, while Palmerston argued that it was not, and a very turbulent scene ensued, the whole opposition side defending the remark.

Finally, after an apology from Mr. Layard, the debate proceeded, and at its close, Mr. Hennessey, amidst great cheering, recalled a case in which Lord Palmerston himself used the term "calumnious" towards Mr. Layard, some years ago, and the Speaker, on that occasion, ruled the expression in order

The debate was renewed on the 8th amidst great excitement, the principal speakers being Osborn, Walpole, Palinerston, and Disraeli

Mr. Newdegate, at the solicitation of Lord Palmerston, withdrew his amendment, and Mr. King lake proved his as already given. The result was — for Disraeli's motion, 295; against it 313.--Overwhelming chores from the Ministerial side greeted the announcement.

On the same evening, in the House of Lords, Lord Malmsbury moved a resolution similar to Disraeli's, and made a speech denunciatory of the foreign policy of the Government. He regretted that Lord Derby was unable to be present, owing to illness.

Speeches were also made against the Government by Marquis Clauricarde, Lord Chelmsford, Earl Gray and others, and in defence of the Government by Earl Russell, Lords Clarendon and Wodehouse, the Duke of Argyle, and others.--The result of the division was 177 for Maimsbury's motion, and 168 against it.

The Confederate loan has advanced — quoted at 69@70

The Danish Ministry has resigned.

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