In this paper we reconsider, for N = 8 supergravity, the problem of ga
uging the most general electric subgroup. We show that admissible theo
ries are fully characterized by a single algebraic equation to be sati
sfied by the embedding G(gauge) --> SL(8,R) subset of E-7(7) The compl
ete set of solutions to this equation contains 36 parameters. Modding
by the action of SL(8, R)) conjugations that yield equivalent theories
all continuous parameters are eliminated except for an overall coupli
ng constant and we obtain a discrete set of orbits. This set is in one
-to-one correspondence with 36 Lie subalgebras of SL(8,R), correspondi
ng to all possible real forms of the SO(8) Lie algebra plus a set of c
ontractions thereof. By means of our analysis we establish the theorem
that the N = 8 gaugings constructed by Hurl in the middle eighties co
nstitute the exhaustive set of models. As a corollary we show that the
re exists a unique seven-dimensional abelian gauging. The correspondin
g abelian algebra is not contained in the maximal abelian ideal of the
salvable Lie algebra generating the scalar manifold E-7(7)/SU(8) (C)
1998 Elsevier Science B.V.