The news from Spain this morning is important. The Queen
Re- gent issued two decrees on the 22nd of August. The first convokes the Cortes for the 24th of October; the members to be chosen under the electoral system of 1812. The second declares, that the laws pro- mulgated by the Cortes when the Constitution was formerly in force, are not to be deemed valid until they have been revised and sanctioned by the Cortes to assemble in October. The Queen has taken this step on the advice of her Millisters ; whose address, with her reply, appears it) the Madrid Gazette. Both documents are couched in very moderate language.
At Cadiz the news of the revolution at St. Ildefonso and Madrid caused enthusiastic rejoicing.