Portugal.
Some months ago Portugal was bristling with anger at the action of the English in South Africa. She actually attacked some of the expeditions, and had to be warned. What a difference a few short , months have made. The particulars I to hand of her monetary difficulties enables us to realise the gross absurdity of her tall talk about going to war with the Old Country. She has now no gold, and both silver and copper are very scarce. This is not a sufficiently substantial position in which to exchange shots from cannon which cost £100 each time they are fired. The estimated revenue for last twelvemonths was £8,817,000, and the expenditure £9,574,000 ; the Portuguese therefore faced a deficit of over £757,000, which their little excitement on the east coast of Africa must have considerably increased. Their wisest course would seem to be to accept Lord Salisbury's offer of eight millions for all their interest in the African Continent, probably including India. This little sum, and a splendid vintage, which is predicted, would set the little State up.
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Manawatu Herald, Volume III, Issue III, 27 August 1891, Page 2
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179Portugal. Manawatu Herald, Volume III, Issue III, 27 August 1891, Page 2
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