Her Majesty the Queen Regent, to whom I had the honor of reading the note which your excellency was pleased to address to me under date of the 8th of August last, has been much gratified by learning the amicable dispositions of the President of the United States, and the interest taken by him in the important question between Spain and her seceding colonies. In pursuance of her Majesty's orders, and in conformity with the principles announced in my last note to your excellency on this interesting subject, I have now to assure you that her Majesty's cabinet is ready to listen to the propositions that may be made to it by commissioners invested with competent powers and authority in order to enter into a frank negotiation, the object of which shall be to put an end to all uncertainty, and to effect a definitive arrangement on principles of justice and reciprocal advantage.