NEWS - OF THE WEEK.
THE event of the week has been the announcement that a constitutional monarchy is to be established in Spain. General Prim, in a letter to the Gaulois, a new Parisian paper, rapidly rising in circulation, states that Spain prefers this form of government ; and as he is for the moment Spain, that question may be regarded as settled, the more easily because Catalonia, the most Republican of the provinces, is devoted to Prim personally. It is affirmed that the Democratic party will assent to the arrange- ment, provided their programme, freedom of religion, of the press, and of meeting, is respected ; but according to other accounts there is serious danger of insurrection in the great cities, where, owing to the number of the unemployed, republicanism is tinged with socialist ideas. General Prim has already been compelled to call out troops to keep the Madrilenos in order, and the Supreme Junta is providing work at the public expense.
