12 APRIL 1834, Page 1

The accounts transmitted from Madrid are so contradictory, that it

is impossible to state any thing positively respecting the in- tentions of the Government, either as regards their financial opera- tions, the summoning of the Cortes, or the measures to be taken for the suppression of the Carlist rebellion. The Madrid Gazette of the 1st instant contains a decree for a new loan of about two millions sterling. Proposals are to be received till the 30th April; and these proposals are to be referred to the Council of Government, and a report on them to be made on the 3d May. The last paragraph of the decree is thus worded- " 5. The Government proposes to present to the Cortes, on their approach- ing meeting, measures for reestablishing the national credit on solid bases."

Then follows an article, also official, the object of which is evi- dently to reconcile the nation to delay in summoning the Cortes. The writer concludes with saying, that

" The festina lente of nature ought to be imitated in all the works of man, but more especially in political institutions, if it be not wished to make a de- structive revolution instead of a great and beneficial reform."

As regards the loan, it is certain that no English capitalist will be a party to any financial operation with the Spanish Govern- ment, until in some shape the Cortes loans are recognized. It is at present quite doubtful whether any Spanish troops will be sent into Portugal for the purpose of dispersing the junta which is gathered round Don CARLOS, and incessantly intrigues against. the Queen's Government. On Easter Sunday, General Loasiszo had a sanguinary engagement with the insurgentS in Navarre; in which the latter had the advantage.

: The new Spanish Minister, Count FLORIDA BLANCA, has ar- rived in London.