The lines which are the least sure of failure will be those which are the shortest, and pass through a level country of some natural productions, such as oil, wine, and coal. Certainly, if the rail can be laid down in Spain by the gold and science of England, the gift, like that of steam, will be worthy of the Ocean’s Queen, and of the world’s real leader of civilization; and what a change will then come over the spirit of the Peninsula! how the siestas of torpid man-vegetation, will be disturbed by the shrill whistle and panting snort of the monster engine! how the seals of this long hermetically shut-up land will be broken! how the cloistered obscure, and dreams of treasures in heaven, will be enlightened by the flashing fire-demon of the wide-awake money-worshipper! what owls will be vexed, what bats dispossessed, what drones, mules, and asses will be scared, run over, and annihilated! Those who love Spain, and pray, like the author, daily for her prosperity, must indeed hope to see this “net-work of rails” concluded, but will take especial care at the same time not to invest one farthing in the imposing speculation. Recent results have fully justified during this year what was prophesied last year in the Hand-Book: our English agents and engineers were received with almost divine honours by the Spaniards, so incensed were they with flattery and cigars. Their shares were instantaneously subscribed for, and directors nominated, with names and titles longer even than the lines, and the smallest contributions in cash were thankfully accepted:-- “L’argent dans une bourse entre agréablement; Mais le terme venu, quand il faut le rendre, C’est alors que les douleurs commencent à nous prendre.” [Sidenote: ANGLO-HISPANO RAILROADS.]