dollars, or for the fine gold of Portugal, at an enormous profit; or they purchased with it paper-money, which usually fluctuated between 28 and 30 per cent. discount, ... sometimes was as low as 35, and sometimes could find no purchasers. With this paper, according to law, they made half their payments at par: and when all their French money was expended in this manner, Junot issued an edict, by which he fixed a price at which it was to be received for the contribution, lower than that at which he had suffered it to be introduced. ♦GODOY RECALS THE SPANISH TROOPS FROM PORTUGAL.♦ The decree which appointed Junot governor of Portugal, and extended his authority over the whole kingdom, at once abrogated the secret treaty of Fontainebleau. That treaty had served Buonaparte’s purpose, and the Spanish cabinet was at this time too much agitated by home disquietudes to resent this breach of faith, or take warning by it. Godoy, fallen from his dreams of royalty, and trembling for his life, was ready to make any sacrifice which might procure him the protection of France. ♦NEVES, I. 313.♦ ♦PART ONLY OBEY HIS ORDERS.♦ He had written to Junot, requesting that Carraffa’s division might return to Spain; alleging, that the English threatened a descent upon the coasts of Andalusia: ... but the French were not duped by a pretext which they themselves had invented for a different purpose; and Junot, in conformity to his master’s projects, detained the troops. Godoy probably wanted them to protect the removal of the King and Queen to the coast, but he was in no condition to insist upon any thing; and the abortive principality of the Algarves, and the kingdom of Septentrional Lusitania, came to an end before their intended lords had taken possession, and before their denominations had been made public. The Spanish troops from Algarve and Alentejo were recalled, and obeyed the order; those at Porto, and Carraffa’s division, were more under Junot’s power; they were detained, and Carraffa, upon the death of Taranco, by the French general’s order took command of both. ♦THE WHOLE OF PORTUGAL UNDER COMMAND OF THE FRENCH.♦