The once powerful and celebrated Don MANUEL GODOY, Prince of the Peace, Duke of Alcudia, &c., died in Paris on the 4th of October. He was born at Badejoz, of a noble family, in 1767, at seventeen years of age he entered the Royal Guards, and being soon after taken into high favor by the queen Maria Louisa, of Parma, he became at the end of the last and beginning of the present century, a prominent actor in the most important political events of Spain, of which country, for a time, he was Minister and absolute ruler. His conduct was the proximate cause of the Spanish war with Napoleon. Prince Ferdinand (afterwards Ferdinand VII.), tired of the thraldom in which he was kept by his mother and her Minister, applied for protection to Napoleon; and Godoy, discovering that he had done so, accused him of a conspiracy to dethrone his father. This led to the most scandalous scenes. A revolt broke out at Aranjuez, and Godoy nearly lost his life. Charles IV. abdicated, and Ferdinand assumed the sceptre, but the Imperial ruler of France would not permit him to hold it. Napoleon took the crown of Spain for his own family, and the terrible Peninsular war was the result. The consequence, meanwhile, to Godoy, was the loss of his wealth and honors, and his residence in foreign lands for nearly the remainder of his life. In 1847 the Spanish Minister published a decree, authorizing Godoy, by his inferior title of Duke of Alcudia, to return to Spain; and ordering that a certain portion of his once vast property should be restored. The latter part of the decree was acted upon, however, in the same manner as such restitution's are generally made in Spain. The only income of Godoy continued to be an allowance by one of his children. Whatever may have been the conduct of this singular politician half a century ago, those who knew him in his old age could not but admire in him a fine specimen of the Castilian gentleman. To the very last he was remarkable for the elegance of his manners, and high-bred courtesy. In conversation he was most agreeable. The world, too, should be charitable to his memory. Years of embarrassment, exile, poverty, and obscurity, have done much to atone for the faults committed in a time of sudden and intoxicating exaltation, and of unbounded power by him who was then a Prince, Prime Minister, and despot of Spain, but who has died, with the weight of eighty-seven years upon him, a quiet, inoffensive, and forgotten man, in a retired lodging at Paris. * * * * *