Uncancelled Editorial La Nacion S.A. (Madrid, 1925) - 24 coupons attached on right side. 

The newspaper was based on Calle del Principe in Madrid and was founded on May 23, 1925

Highly decorative stock designed by A. Sauri Sires (signed in the plate). Large allegorical depiction of an angel consoling a blacksmith, easel, inkwell, violin and woman with coat of arms, cityscape in the background, framed by fruits and trees with Art Nouveau elements.