4 OCTOBER 1834, Page 2

At length, after a wearisome debate of eleven days' duration,

the Spanish Procuradores have come to some decisive votes on the question of recognizing their Foreign Debt. On the 25th September, a majority of 63 to 47 adopted the first article of COMA TORENO'S project— All the Debts contracted by the Government at various periods, and LadVed cularly the Loans anterior as well as posterior to the year 1823, are ackiaow- as Debts of the State."

This somewhat unexpected decision had the effect of causing an immediate advance in the value of the GUEBHARD and other Despotic Loans ; but as most of the small holders in Paris and elsewhere bad disposed of their stock, the great capitalists, it was supposed, were the principal and almost the only gainers. The rote was indeed said to have been purchased by the free use of money among the Spanish patriots : but this supposition is gain- said by a subsequent vote of the same body on the 27th Sep- tember, by which the GUEBHARD Loan was annulled by a con- siderable majority ; and it is now stated, that the first vote was given on the understanding that the GUEBHARD Loan should not be recognized. What may be the final resolution of the Cortes in regard to the Debt, is still uncertain. The Urban Militia is undergoing the process of purgation at the hands of its commander, QUESADA ; who is found to be a very rough operator. He has dismissed some hundreds of the men suspected of attachment to Carlism or Liberalism. His aim is to form a select body of Ministerialists, who will do the bidding of their commanders without debate or question. Of course this con- duct excites much anger; and it would seem that QUESADA had acted with more vigour than discretion.

Rom'. has been deprive& of the command of the army in the North ; and is to be succeeded by MINA, as soon as the health of the latter, which is rapidly improving, will enable him to undergo the fatigue of such arduous service.

A General ROMAGOSA, bearing the commission of Captain- General of Catalonia from Don CARLOS, and supplied with money, arms, and instructions from Don MIGUEL, sailed from Genoa about the middle of last month, and landed on the coast of Cata- lonia; where, in concert with the Curate and Provost of Selma, he endeavoured to raise an insurrection among the people. With- in twenty-four hours after he landed, he was made prisoner by the troops of LLAUDER, the actual Governor of the province, and almost immediately shot, with his two companions. This adventure shows that CARLOS and MIGUEL are acting in concert ; and that the latter, at all events, has money at command.