How was José Echegaray awarded the Noble Prize in Literature?

Name: José Echegaray.
Real Name: José Echegaray y Eizaguirre.
Date of Birth: April 19, 1832.
Birth Place: Madrid, Spain.
Died: September 4, 1916.
Death Place: Madrid, Spain.
Nationality: Spanish.
Education: UPM: Higher Technical School of Civil Engineers.
Popularly Known: Spanish dramatists.
Noble Prize Year: Nobel Prize for Peace in 1905, for in recognition of the numerous and brilliant compositions which, in an individual and original manner, have revived the great traditions of the Spanish drama.