The Foreign news is of an indecisive kind, though not
unin- teresting. In Spain, the insurrection seems to make way, yet the tales of its prospering are doubtful. &ream° is on the march against Valencia, and has not yet struck his first blow. The Governor of Montjuich nobly resists attempts on his fidelity ; and rebellious Barcelona owns the strength of the curb. Madrid also is faith- ful ; and the Basque Provinces are quiet. Although, therefore, the rebel chiefs make the best use of the " neutral" French terri- tory to dodge the Royal troops, and although French reports anti- cipate the Regent's downfal, the real struggle is yet to come, and it does not look quite hopeless for the Regent and the side of order.
The French Deputies keep up their new disposition to parsi- mony, and make many reductions in the estimates for 1844; the war estimates being just now under the pruning-knife. Our rail- road speculators may feel the effects of this: but so do the Minis- ters, who show, or pretend to show, an inclination to tamper with Spain ; M. Guizor being reported to make some unaccount- able and foolish allusion to the probability of a French occupation of Pampeluna. "What for ? " asked the Chamber. It does not appear that the Minister could tell. Perhaps he is only diverting his glory-hungering countrymen from some other more injurious pursuit, and gathering a little capital of anti-British reputation, which might be useful to us as well as to himself. At all events, the peaceful parsimony of the French Commons is a good sign.
The Irish Repeal agitation, making more noise here, elicits a louder echo in the United States. The noise dies away here, and of course so will the echo, when the troubled air has run its course across the Atlantic and back again. The reported seizure of the Hawaiian Islands was another theme of newspaper wrath ; a me- mento to our Government to be cautious but not remiss.
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