11 JULY 1874, Page 2

It is evident that the death of Marshal Concha and

the defeat of the Republicans will have a most serious effect upon the Spanish Civil War. It is. now stated, by men who are no friends of his cause, that Don Carlos has nearly fifty thousand men, and Serrano has, we see, been compelled to divide his forces so as to- defend. the line of the Ebro, which, we presume, he thinks the Carlista may attempt to cross. It may be true that Don Carlos. will be unable to reach Madrid, but he clearly is able to pro- tract the war, which is exhausting Spain. The soldiers, it is said, are already in arrears of pay, and the recent blunders in the commissariat seem to be due to a want of money, which cannot be remedied, as the new Finance Minister's proposals. will close every Bourse in Europe. No doubt the exhaustion on the Carlist side most also be very great, bat if the war is to drag on in this interminable way, a foreign intervention of some sort will one day be inevitable. No European country can be safely permitted to fall into the condition of Mexico. It would be too tempting a prize.