The speech of the Queen Regent of Spain on the
opening of the session of the Cortes (a brief sketch of which was given last week in our second impression), is in the most approved style of Royal harangues, vague and pompous. Her Majesty, of course, laments and reprobates the treason of Don CARLOS; refers with great satisfaction to her alliance with England, France, and Portugal ; to the tried fidelity of the army, and the loyalty of the great body of the people. The finances are admitted to be not in the most satisfactory condition ; but strict economy is promised, and an arrangement of the national debt on as favourable terms to the creditors as the resources of the country will permit. For herself, the Queen says it is sufficient for her to remember that she is the mother of ISABELLA the Second and the grand. daughter of CHARLES the Third. With this truly royal sentiment the speech concludes. The only business transacted by the Cortes, of which we have as yet any account, consists ia the verification of the members' qualifications, administering the oaths, and other routine business.
It is now believed that the conspiracy discovered on the night of the 24th of July, which we also briefly mentioned last week, is not so formidable as was apprehended at first. Old General PALAFOX, who, with ROMUERO DALPUENTE and General VAN HALEN, was the chief person implicated, has been visited by his friends, and it was even supposed that he might be liberated. The designs of the conspirators are said to have extended only to an attempt to procure a recognition of the democratic Constitution of 1812, and the choice of another Regent; and these changes were to be brought about by peaceable measures. But on the other hand, it is feared that the leaders are the only cautious men of the party, and that their less distinguished followers are ready and eager for deeds of violence. Madrid is very strictly guarded, and numbers have been arrested. Nothing positive will be known respecting the plot until their trial. The three principal Ministers, AMAEILLAR, MARTINEZ DE LA ROSA, and TORENO, are said to work cordially together.
There is reason to believe, though the intelligence was received only by telegraph from Bayonne through Paris, that the Queen's troops, under Et PASTOR, have defeated the Carlists in a series of actions, and driven them upon the French frontier. The coast is blockaded by British and French ships, to prevent the supply of arms or ammunition to the insurgents from the coast. Don CARLOS was lately seen at Salvatierra, a few leagues from Vittoria : but his usual abiding-place is not known.
A rumour has been prevalent that the Queen Regent had ap. plied to Lours PHILIP to send a French army for the suppression of the rebellion ; but it seems to be generally disbelieved.
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