French Papers.
lne mignt Of ltierbide tbr Mexico, and the disasters experienced by Boavar in Peru, are events so inportant that the issue of the grent question of the Spanish America may be even now foretold. Six nonths ngo every thing announced calamities for the Penin. sula. Bolivar victorious, jealous of the lory acquired by San MVar- tin, wished togive laws to Peru, and maIte himself masterof South America. Europe believed that it was done. In Dexico, the fall of this same Iturbide, amidst the acclama. tions of his subjects, and the establishment of' a republic, made it believed that the new Govemnment was founded on immovable| bases, and the sndependence of Northern America was not doubted ef any more than the fortune of Bolivar, which was to dim the glory ot the Pizarros. To men who know both Americas, their real resources, their love to the mother-country_to those who have been actors in the events of the last ten year, nothing is more melancholy than to bear the language used in Europe on the events of America-the greatness whuch is sought to be attached to men and events, and on the result of the strHggle which was in progress between Spain and her trans- marine nossesiions. The circumstance which in their opinion could decide the question was tbe recognition of the independence of the rebel Governments by the maritime Powers of Europe-and they ailowed Spain to act. Eugland alone took the initiative by diplomatic uotes and Parlia- mentary discussions, and by the mission of Consuls or Comrais- sioneir to examnine whether the established Governments hal such a character of stability that it might be permitted to acknowledge them as leUitimate. But at the same time she declared imprescriptible the rights of Spain on the Americas, and the strictest neutrality as to the effibrts which Ferdinand should make to get possession of them again. The defeat of Bolivar wiDl make known the stabili' of the Go. vernmentof Peru, and the brave Viceroy, La Serna will be able to receive in Lima the English Commissioners,if they have gonethere. In a short time the arrival in the Pacific of the Spanish ship of the line Asia, and twoother vessels of war, which sailedxfrom Cadiz in January last, will be known, Can it be supposed that at the to- ment when the Spaniards are victorious in Peru and inasters of the seat when the existence of the Governments of South America is gam problematical-that at this moment England is to recognize their independence? It is impossible: it would be in opposition te the principles published to the world in full Parliament. The same is tbe case with respect to texico. lVhen theEnglish Government sent its Commissioners there, there was one republic (probably indlivisible); now the number of them is unknown. If turbide be believed, there are those of Illexico, of Guatimala, of New GaDcia, of Oxaca, of Dncatan (Yucatan?) and Queretero, and other countries. The utmost the English Commissioners can do villbe to ran through these countriesin all haste, andlearn thenames of' he individuals who govern them. To corm plete this stateofanarchy, the ex-Emperor is gone to carry thither 1is fury and vengeance. an England decently recognize such a confusion as legitimate? It would be insulting to that Government, on mnany accounts, barely to raise the quesiion whether the Government of the person 'who has escaped from Sautbampton would be recognized by her. It appears, then, to us decide, thatithe recognition which has been so nuch talked of, must be adjourned to an indeterminate epoch; and that it will be left to Spain to prove to Europe, that the assur- ance given by the Cabinet of Madrid, in its last note to Sir W. A'Vourt, will be fulfilled. This assurance is--" That Spain with- out foreign aid will be able to make herself mistress of her posses- sions in America." It is not to be presumed that England, like a too famous autho- rity, would by a law set a fixed time on the duration of a civil war, which in no way approaches to its terminatioun.-Etoile. Letters fromn Prague announce that the report is very generallv spread that an appToaching interview of the }mperors of Austria and Russia is to take place at the waters of Carlsbad. The E}m- peror Alexaadler's physicians, it-is affirmed, ha,e prescribed to him the use of these warm baths. It is added, tnatthe Countde Nessel- rode, Mllinister for Foreign Aflairs, is to accompany this Mlonarch to Carlsbad.-BM.-le. FRENCH PAPERS. PARIS, AIAY 31.