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 (1777–1834)
In Brazil, Pedro faced other challenges to his newborn country; the people clearly did not wish to return to colonial status and subservience to the politics and economy of the much smaller kingdom of Portugal. The Brazilian constitution prohibited the Emperor from subsuming another crown; this fact obliged Pedro to choose between Portugal or Brazil. Pedro, a pragmatic politician, tried to find a solution that would reconcile the desires of the liberal, moderate and absolutist elements in the debate, and eventually chose to abdicate as king of Portugal (28 May 1826) in favor of his eldest daughter Princess Maria da Glória, who was seven years old at the time. The abdication was conditional: Portugal should receive a new Constitution, i.e., the 1826 Charter, and his brother Miguel, exiled in Vienna, was to marry the Princess when she came of age. The Constitution was not popular with the absolutists (who wanted Prince Miguel to govern as an absolute monarch), but the liberal "Vintistas" also did not support the Charter (which was imposed by the King); moderates bided their time as a counter-revolution was slowly building.