Estado Novo (Portugal)
King Carlos I of Portugal confirmed colonial treaties of the 19th century that stabilized the situation in Portuguese Africa. These agreements were, however, unpopular in Portugal, where they were seen as being to the disadvantage of the country. In addition, Portugal was declared bankrupt twice—first on 14 June 1892 and again on 10 May 1902—causing industrial disturbances, socialist and republican antagonism, and press criticism of the monarchy. Carlos responded by appointing João Franco as Prime Minister and subsequently accepting Parliament's dissolution. In 1908, Carlos I was assassinated in Lisbon. The Portuguese monarchy lasted until 1910 when, through the 5 October revolution, it was overthrown and Portugal was proclaimed a republic. The overthrow of the Portuguese monarchy in 1910 led to a 16-year struggle to sustain parliamentary democracy under republicanism – the Portuguese First Republic (1910–1926).
History of Portugal
The death of King John VI in 1826 led to a crisis of royal succession. His eldest son, Pedro I of Brazil, briefly became Pedro IV of Portugal, but neither the Portuguese nor the Brazilians wanted a unified monarchy; consequently, Pedro abdicated the Portuguese crown in favor of his 7-year-old daughter, Maria da Glória, on the condition that when she came of age she would marry his brother, Miguel. Dissatisfaction at Pedro's constitutional reforms led the "absolutist" faction of landowners and the church to proclaim Miguel king in February 1828. This led to the Liberal Wars in which Pedro eventually forced Miguel to abdicate and go into exile in 1834 and place his daughter on throne as Queen Maria II.