That the present state and future prospects of that renowned and illustrious quarter of the globe, are ominous of a continued succession of storms and troubles, we think appears too obvious. The night that is approaching, will be long and dark, in all human probability--it may end in a total regeneration--in a confirmed and inflexible despotism; or in that precise state of things which characterized what are called, the dark ages of Europe--in the establishment of a hundred petty states, governed by a hundred petty tyrants, eternally at variance, and agreeing in nothing but in oppressing the people. Great standing armies are at present the conservators of the great powers of Europe, and public sentiment is no longer the sole or principal cement of empires; when these are gone, as they must be, ere the nations which they oppress can be free, then all the little sectional and provincial jealousies and antipathies, every real or imaginary opposition of interests, and even feelings of personal rivalry, will have an opportunity of coming into full play, and the result may very probably be, the erection of a vast many petty states, which will never be brought to act together in any great system of policy. Thus situated, they will never be able to make head against the growing power of the vast states of the new world, which whatever may be their minor causes of difference, will naturally unite in those views of commercial policy, which being common to all, will be sought by a common effort. The South American states, it is true, have not yet realized the blessings of emancipation, partly owing to their inexperience in the practical secrets of civil liberty; partly to the want of public virtue in the people, and their rulers, and partly, as we are much inclined to suspect, to the secret intrigues of more than one European power. But their natural and inevitable tendency is, we believe, towards a stable government, combining a complete independence of foreign powers, with such a portion of civil liberty as may suit their present circumstances and situation. They are serving their apprenticeship--they will soon be out of their time, and may safely set up for themselves.