The Times correspondent in Madrid forwards an interesting account of
the emergence of a new political party in Spain. The new organisation, which is known as the Democratic Liberal party, is the result of a coalition between Sefior Montero Rios, the leader of the Liberal "old guard," and the Radical Seilor Canalejas, who will, it is hinted, be shortly joined by General Weyler. The avowed aims of the party are to promote a more active foreign policy, especially an agreement with France and England, and its formation has given great satisfaction in Portugal. In Spain, however, the new coalition is viewed with distrust, and Seilor Canalejas bas been freely and bitterly charged with bartering his principles for the chance of securing the loaves of office. It is the object of his partisans, as the correspondent observes, to adapt to Spain a method of government similar to the 'alliance of Socialists and Radical Republicans effected by If. Waldeck-Rousseau in France ; but Seilor Canalejas has yet to prove that he possesses the grit and welding-power shown by the French ex-Premier.
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