The greatest hope for the future lies in the fact that it is no longer foreign money or foreign labour that is working for the good of the country; the impulse is from within, and every penny of capital that is sunk in public works, manufactures, or industrial enterprise, is so much invested in a settled state of affairs. When the individual has everything to lose by revolutionary changes, when the commerce of the country is becoming too important to be allowed to be upset easily, and it is everybody's interest to support and increase it, the main body of the people are ranged on the side of peace and progress. They have had enough of civil war, enough of tyranny; they have achieved freedom, and want nothing so much as to taste of it in quietness. To revert for a moment to the special manufactures of the country, it appears to be the wise policy of the powers that be in Spain to-day to encourage, by every possible means, native industries and the development of the rich resources of the country. If it be only in the superior education required of the workmen, and the drawing out of their natural talents, the movement is an immense gain to the people, so long purposely kept in a condition of slothful ignorance. Besides the woollen manufactures of Palencia, Lorca, Jerez, Barcelona, Valencia, and other places, are many cloth factories in Cataluña, as well as others for the production of silk fabrics, lace, and very high-class embroideries, for which last Spain has long been famous, but which have hitherto been little known beyond her own frontiers. In artistic crafts may be named the pottery works of Pickman, Mesaque, Gomez, and others in Seville, where magnificent reproductions of Moorish and Hespaño-Moresque tiles and pottery are being turned out; there are also factories for this class of goods in Valencia, Barcelona, Segovia, Talevera, and many other places. Ornamental iron and damascene work holds the high reputation which Spain has never lost, but the output is very largely increased. Gold and silver inlaid on iron, iron inlaid on copper and silver, are some of the forms of this beautiful work. That executed in Madrid differs from that of Toledo, Eibar, and other centres of the craft. The iron gate-work executed in Madrid and Barcelona is very hard to beat, and the casting of bronzes is carried out with every modern improvement. The wood-carvers of Spain have always been famous, and the craft appears to be in no danger of falling behind its old reputation, much beautiful decorative work of this description being produced for modern needs. The _Circulo de Artes_ holds an exhibition in Madrid every other year, and in the intervening years the Government has one, in the large permanent buildings erected for the purpose at the end of the Fuente Castellana. The manufacture of artistic furniture and other connected industries are encouraged also by a bi-yearly exhibition in Madrid, where prizes and commendations are given. The chief centres