13 FEBRUARY 1841, Page 2

The only political event on the Continent has been the

actual termination of the Douro dispute : Portugal has satisfied the de- mands of Spain.

The Portuguese pretender has realized the hacknied simile of the vulture scenting the battle from afar : the threatened condition of Portugal drew him towards her frontier. Probably he counted on support from Spain ; but it is said, that had he made his appear- ance in Portugal, the petty Douro question would have been for- gotten, and ESPARTERO would have poured in his troops, not as an enemy, but as an ally having common cause in driving the repre- sentative of old despotism from the Peninsula.