(FROM ANOTHER CORRESPONDENT.)

Madrid, Oct. 2.

“The nominal reign of Don Carlos, commenced at Pampeluna, has been but of short duration. A diversion has taken place in favour of the husband of the Queen Regent—Munos, who, having been a private soldier, is thought by his rank and file camaradoes to have a prior claim to Don Carlos. They have revolted to a man, and the Carlists tremble in their boots.

Six o’clock, A.M.—The young Queen has fled the capital—Munos is our new King, and his throne will no doubt be consolidated by a vigorous ministry.

Seven o’clock, A.M.—News has just arrived from Pampeluna that the Carlists are so disgusted with the counter-revolution, that a counter-counter-revolution having taken place amongst the shopkeepers, in favour of the Queen Regent, the Carlists have joined it. After all, the Queen Mother will doubtless permanently occupy the throne—at least for a day or two.

Eight o’clock.—News has just arrived from Biscay of a new revolt, extending through all the Basque provinces; and they are only waiting for some eligible pretender to come forward to give to this happy country another ruler. Advices from all parts are indeed crowded with reports of a rebellious spirit, so that a dozen revolutions a-week may be assuredly anticipated during the next twelvemonth.”