RISK TO THE MONARCHY.

Dominion, Volume 4, Issue 1238, 21 September 1911, Page 5

RISK TO THE MONARCHY.

HIGH INSURANCE RATE. London, September 19. War risk insurances aro fewer and lower, but twenty-live guineas per cent is being paid for policies covering tho risk of the overthrow of I'lio Spanish monarchy. A LAND OF UNREST. Sinco tho revolution in Portugal last year there has been much discussion as to the prospects of the Republican party in Spain. A writer in "Lo Matin" said recently:—"The Republicans in Spain are numerous. Theru are about forty of them in Parliament. In Madrid itself, the residence of tho Court, in all big cities like Barcelona, Seville, Bilbao, and Saragossa the Republican vote at the recent Parliamentary and municipal elections greatly outweighed tho Monarchist vote. The Spanish press includes, along with the Monarchist organs, a _ number of papers openly Republican in tendency. There is, therefore, no doubt that there exists in Spain a Republican movement of extreme importance. .' . .1 addressed myself first to the Chief of the Government, Senor C-inalcjas. He assured mo that the Portuguese revolution would have no effect in his country, that the situation in Spain is quite different from that in Portugal, that the Spanish Army is profoundly attached to the Monarchy, that the Republican party is divided, and that the great majority of the rcople is and will remain faithful to the King. That, in fact, a Republic in Spain is impossible. . ''I also had interviews with tho principal Republican leaders. I select the opinion of Senor Lerroux. ' The Republic in Spain three or four years hence' he declared, 'is as certain as that the sun will rise to-morrow morning. Tho vast majority of tho Spanish people is anticlerical and anti-Monarchist. The Republican movement expands day by day. If the Parliamentary elections took place without Governmental pressure, the Republicans would soon have the majority in the Chamber. The Republican propaganda penetrates .more and more into the barracks. Some time ago the garrison of Barcelona had been won over to the Republican side. They would have marched a»ainst the Throne. The King is unpopular. Ho interests himself too much in sport and not enough in his people. The King is ill. He will not live lona. Anti-Clericalism grows every day in Spain, and as the Court is extremely 1 Clerical, the Republican propaganda 1 benefits from that very fact.'"