Abstract
This paper analyzes, mainly drawing on the Liberal press, the political options put forward in the early months of 1814 on the occasion of the Valencay treaty and the return of Ferdinand VII to Spain. The political atmosphere of uncertainty generated by the King’s silence allowed for the incorporation of moderate alternatives to the political debate. Thus, besides the two more popular options, associated with the 1812 Constitution and the absolute regime emerged as a result of the Mutiny of Aranjuez, it was possible to defend, regarding the monarchy, the candidacy of Carlos IV to the throne; and concerning the political system, the positive qualities of post revolutionary, moderate. Regimes were highly valued.
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