5 JULY 1930, Page 6

Spain and . Spanish Culture

Messages from. Spain make it clear that the fall of the peseta to 44 to the is causing greater confusion than has been known for several years. The fall itself may be due to the political uncertainty. Since there is no purely financial explanation, the offer of resignation by the Minister of Finance is not likely to help matters. Still less helpful is the action of business men in Santander who have cancelled large orders recently placed abroad in order to protest against alleged " foreign manoeuvres." Strikes have broken out in Granada, Cordoba and Malaga following the " revolutionary " movement in Seville, which has apparently subsided. We turn from this sorry situation to welcome the new Anglo-Spanish and Spanish-American Institute in London, which held a meeting on Friday, June 27th. Sir Charles Bedford, who was the moving spirit in the foundation of the Chair of Spanish studies at Oxford, reaffirmed the failure of British business men in general to appreciate the import- ance of a" cultural" sympathy with foreign nations. The Institute offers a Central Trade Library and an informa- tion centre, and we are glad to hear that similar centres are to be established in other English cities, as also in the chief cities of Spanish-America, on the lines of the successful Anglo-Argentine Cultural Institute. * * * *