José Moreno Carbonero studied under Bernardo Ferrándiz in his home town of Malaga, where he won the gold medal in a regional exhibition while still in his teens. At the age of fifteen he went to Paris, joining the studio of painter Jean Léon Gerôme (son-in-law of Adolphe Goupil and a friend of Mariano Fortuny and the Madrazo family) and received advice from Raimundo Madrazo. It was there that he first began making paintings on the theme of Don Quixote. He was awarded the Third Prize at the National Exhibition of 1876; the Second Prize in 1878; and the First Prize in 1881, for his Prince Charles of Viana (Museo del Prado). Three years later, he again won the first prize for his Conversion of the Duke of Gandía (Museo del Prado), one of the finest paintings on a historical theme from the Spanish School. He made paintings for the Basilica of San Francisco el Grande (for which he painted The Sermon on the Mount, in the chapel of the Passion) and was an academician and lecturer at the Royal Academy of Fine Arts of San Fernando.

• Julián Gállego Serrano
• María José Alonso

Cayetano Sánchez Bustillo graduated in law from the Central University of Madrid. He began his administrative career in the Ministry of Finance, where he earned general respect for his sound understanding of economics, finance and law. In 1873 he was appointed acting governor of the newly created Banco Hipotecario, where he later held the positions of deputy governor until 1881 and governor from 1881 to 1887.

Following the restoration of the monarchy, he entered politics. A convinced monarchist and conservative, he became one of the most trusted allies of Prime Minister Antonio Cánovas del Castillo. He served several terms as a member of congress between 1876 and 1886 and as a senator between 1886 and 1893, becoming a senator for life in 1896. Between March 1880 and February 1881, he was Minister for Overseas Territories in Cánovas's government. On the latter's death in 1897, Sánchez Bustillo abandoned active politics, returning only when he was placed in charge of the treasury department by Prime Minister Antonio Maura in February 1908. He died while still a minister in August of the same year.

Sánchez Bustillo served as mayor of Madrid in 1890, governor of the Banco de España from August 1890 to November 1891 and chairman of the Compañía Arrendataria de Tabacos (the state monopoly on tobacco production) from January 1896 to September 1897. He was the founder and first chairman of the Board of Directors of Banco Español de Crédito, created in 1902 after Sociedad Española de Crédito Mobiliario was wound up. Under his governorship, the Banco de España opened its new offices on Calle Alcalá and an act was passed in 1891 extending its monopoly on the issue of banknotes and raising the cap on issue.

Elena Serrano García