The likelihood of counter-revolutions, or anything like violence with bloodshed in Spain, for some time to come, at least, may be put down as negligible. The almost unanimous feeling of the country is that things are improving, and will go on improving, and' a counterrevolution would have no partisans outside small political or military groups. In such circumstances. it would certainly not be successful, unless for a moment only.
The recent news of serious reverses in Morocco, like that of rebellion in Catalonia a few weeks ago, had its origin doubtless it speculation on exchange, and was given prominence in certain foreign newspapers out of mere impatienc> for the sensational news which does not come,
Text read from the printed page and cleaned; old type leaves the occasional error.