5 JANUARY 1833, Page 6

The intelligence from Spain scarcely deserves that name; for it

is very hard to understand it. The course of policy seems to de- pend altogether on the fluctuations in the King's health : when his three issues are dry, Spain is Liberal ; when the ichor flows freely, there is a relapse upon arbitrary proceedings. One day, it is the Queen who rules ; the next, M. ZE A BERMUDEZ. The Ministry is not yet settled. The emigros, who have landed under the promised amnesty, have been ordered to their respective birth-places.