Nationalist Republican Party

The Nationalist Republican Party (Portuguese: Partido Republicano Nacionalista, PRN, usually called Nationalists) was a right-wing republican party during the First Portuguese Republic. It was founded as a merger of the Republican Liberal Party, the Reconstitution Party and some elements of the old National Republican Party of Sidónio Pais. Initially with moderate conservative orientation, it drifted increasingly to the right, making concessions to Catholic constituencies towards the end of the First Republic.

After the leader of the Republican Liberal Party (PRL), António Granjo, was assassinated in the "Bloody Night" of 19 October 1921, the Liberals and Reconstituents started negotiations to merge the two parties in 1922. On 7 February 1923, the public manifesto of the Nationalist Republican Party was finally signed. The party constituted a "bloc of the Rights", intended to incorporate both conservative republicans and frustrated monarchists. It was designed to challenge the power of then hegemonic Democratic Party. The adherents of PRN were predominantly proprietors, shopkeepers, militaries, public servants, physicians, and lawyers. It held close links with the Banco Nacional Ultramarino and other important banks and major corporations.

On 15 November 1923, the Nationalists formed a government, led by António Ginestal Machado. It included Óscar Carmona, future president of the Estado Novo, as minister of war and lasted one month. In December 1923, Álvaro de Castro left the PRN to form a new government, which did not include Nationalists, but Democrats, independents and members of the "New Cornfield". De Castro's government, which lasted until July 1924, was opposed by the PRN, most outspokenly by Francisco Cunha Leal.

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