5 DECEMBER 1868, Page 1

The end of the Revolution seems to be no nearer

in Spain. S. Figuerola has only raised some 3i millions of his 20-million loan ; the Treasury requires funds, and Republican pronunciamentos are going on all over the country. General Prim has signified to the Gaulois that he is not trying for a Dictatorship, and that he is engaged in no transaction with the Bourbons, and it is said that he has still a candidate in his pocket. The date for the assembling of the Cortes is, however, still unfixed ; strong proclamations are necessary against disorder ; the Government gives way in every direction to the pressure for appointments ; and S. Olozaga goes back to Paris. The end of this, we may safely predict, will either be disorder, and then military rule, or an informal Republic with too much power in the separate States, the former solution being the more probable.