EXTRACT OF A LETTER FROM LISBON.
" The Emperor is very popular, and is altogether a changed man ! He is rise* all eourtesyto the English and French, who were previously treated with Slisdain. As to the Portuguese mob, he affects to honour them exceedingly, and Throws money among theta profusely. It is evident that he is determined to hold the Regency, and is preparing himself for the appel nontinel, should that .16ecome necessary. PALMELLA pretends to second his views; but every-- ItINDVS that it was settled by PALMERSTON and BROGHLIE, that if Eillibste &Old be got rid of, PALMELLA was either to be one of the Regents or Prime Minister under a Regent Infanta. CA aystato and SALnasirca have de- Imbued that they will never allow the Charter to be violated by PEDRO; but then, they are hostile to PALMELLA, and would rather see PEDRO Regent than PAL- MELLA in the possession of supreme power, with the nominal Regency of one of the Infantas. Pane° has promised to summon the Cortes immediately. The first thing they will do, will be to confirm him as Regent ; for how can they put him down whom the army and the people of Lisbon have set up ? It is true, the Charter declares him ineligible; but one of the articles of that Charter states that the Cortes might amend it in five years' time. When these five years were mentioned, it was of course supposed that it would be in opera- tion so long ; but the lawyers will get over this, by taking the letter of the law, and Pane° will, if he pleases (and who doubts his inclination ?) be the same as King. Despatches have been sent to M. DE LIMA, commanding him to set his face against any proposal for displacing PEDRO. Should the Ex- Emperor, however, retain the Regency, it will not be by force. He is now so popular, that he is called the honourable Cavalier, &c. and will be more so if he proceed as he has begun.