25 JANUARY 1834, Page 7

The Madrid correspondent of the Times says, in allusion to

the con- duct of the British and French Ambassadors on the recent change in the Spanish Ministry, that although M. RAYNEVAL, who was never accused of being a man of the Movement, was not particularly active in opening the Queen's eyes to the unpopularity of Z EA BER3IUDEZ, " it is certain that, for the last two or three weeks, the Queen Regent has been made perfectly aware that the interests and affections of England were in no way identified with the maintenance in power of any mem- ber of her Majesty's Government," &c.

We infer from this, that Mr. VILLIERS thinks it politic to withdraw from that intimate connexion, which till within " the last two or three weeks" appears to have subsisted between himself and M. RAYNE r A I.. We hope that such is the case. The connexion has not been very creditable to our Government ; and we are inclined to think, from the tone of the above extract, that Mr. VILLIERS is now of the same opinion.