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| 1927, Feb. 3–13 |
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| Insurrection against the military dictatorship broke out at Oporto and then (Feb. 7) at Lisbon. This was described as “Communist,” but was really inspired by a group of intellectual reformers around the journal (Seara Nova). After some severe fighting the movement was defeated. | 1 |
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| 1928, March 25 |
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| Gen. Carmona was elected president. The new regime, which had no very specific program, proved itself not much different from its predecessors, excepting that the spoils were in the hands of the military clique rather than in those of the parliament. | 2 |
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| April 27 |
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| ANTONIO DE OLIVEIRA SALAZAR became minister of finance, with extraordinary powers. Born in 1889, he had been educated for the priesthood, had then turned to law, and had finally become a professor of economics. In a remarkably short time he solved the long-standing financial muddle (using old-fashioned methods of economy and strict accountancy). Before long he became the dominant figure in Portugal, a retiring, studious statesman, proponent of a national renaissance. | 3 |
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