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).
Portuguese Crown Jewels
During the Portuguese Restoration War, João II of Braganza sold many of the Portuguese Crown Jewels to finance the war with Spain. When João II became King of Portugal as João IV and deposed the Philippine Dynasty in 1640, he placed his crown with a statue of Our Lady of Immaculate Conception and said that she was the "true Queen of Portugal". Since then, Portuguese monarchs did not have a coronation but instead an acclamation. Before the assumption of the Portuguese throne by the Philippine Dynasty, the Kings of Portugal used to be anointed and crowned in the Jeronimos Monastery in Lisbon.