Re: Monopoly New Edition 3D En Espanol Crack
Matthew Pendergrass
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The structure of governance of its overseas empire was significantly reformed in the late 18th century by the Bourbon monarchs. Although the Crown of Castile attempted to keep its empire a closed economic system under Habsburg rule, Castile was unable to supply the Indies with sufficient consumer goods to meet demand. This allowed foreign merchants from Genoa, France, England, Germany, and the Netherlands to take advantage of the trade, with silver from the mines of Peru and New Spain flowing to other parts of Europe. The merchant guild of Seville (later Cádiz) served as middlemen in the trade. The crown's trade monopoly was broken early in the 17th century, with the crown colluding with the merchant guild for fiscal reasons in circumventing the supposedly closed system.[31] Spain was largely able to defend its territories in the Americas, with the Dutch, English, and French taking only small Caribbean islands and outposts, using them to engage in contraband trade with the Spanish populace in the Indies.
The Treaty of Alcáçovas (4 September 1479), while assuring the Castilian throne to the Catholic Monarchs, reflected the Castilian naval and colonial defeat:[56] "War with Castile broke out waged savagely in the Gulf [of Guinea] until the Castilian fleet of thirty-five sail was defeated there in 1478. As a result of this naval victory, at the Treaty of Alcáçovas in 1479 Castile, while retaining her rights in the Canaries, recognized the Portuguese monopoly of fishing and navigation along the whole west African coast and Portugal's rights over the Madeira, Azores and Cape Verde islands [plus the right to conquer the Kingdom of Fez ]."[57] The treaty delimited the spheres of influence of the two countries,[58] establishing the principle of the Mare clausum.[59] It was confirmed in 1481 by the Pope Sixtus IV, in the papal bull Æterni regis (dated on 21 June 1481).[60]
Columbus encountered the mainland in 1498,[92] and the Catholic Monarchs learned of his discovery in May 1499. Taking advantage of a revolt against Columbus in Hispaniola, they appointed Francisco de Bobadilla as governor of the Indies with civil and criminal jurisdiction over the lands discovered by Columbus. Bobadilla, however, was soon replaced by Frey Nicolás de Ovando in September 1501.[93] Henceforth, the Crown would authorize to individuals voyages to discover territories in the Indies only with previous royal license,[92] and after 1503 the monopoly of the Crown was assured by the establishment of the Casa de Contratación (House of Trade) at Seville. The successors of Columbus, however, litigated against the Crown until 1536[94] for the fulfillment of the Capitulations of Santa Fe in the pleitos colombinos.
The Spanish Empire benefited from favorable factor endowments from its overseas possessions with their large, exploitable indigenous populations and rich mining areas.[126] Thus the crown attempted to create and maintain a classic closed mercantile system, warding off competitors and keeping wealth within the empire, specifically within the Crown of Castile. While in theory the Habsburgs were committed to maintaining a state monopoly, the reality was that the empire was a porous economic realm with widespread smuggling. In the 16th and 17th centuries under the Habsburgs, Spain's economic conditions gradually declined, especially in regards to the industrial development of its French, Dutch, and English rivals. Many of the goods being exported to the Empire originated from manufacturers in northwest Europe rather than in Spain. Illicit commercial activities became a part of the Empire's administrative structure. Supported by large flows of silver from the Americas, trade prohibited by Spanish mercantilist restrictions flourished as it provided a source of income to both crown officials and private merchants.[127] The local administrative structure in Buenos Aires, for example, was established through its oversight of both legal and illegal commerce.[128] The crown's pursuit of wars to maintain and expand territory, defend the Catholic faith, stamp out Protestantism, and beat back the Ottoman Turkish strength outstripped its ability to pay for it all, despite the huge production of silver in Peru and New Spain. Most of that flow paid mercenary soldiers in the European religious wars of the sixteenth and seventeenth centuries, and paid foreign merchants for the consumer goods manufactured in northern Europe. Paradoxically, the wealth of the Indies impoverished Spain and enriched northern Europe, a course the Bourbon monarchs would later attempt to reverse in the eighteenth century.[129]
The crown established the system of treasure fleets (Spanish: flota) to protect the conveyance of silver to Seville (later Cádiz). Produced in other European countries, Sevillian merchants conveyed consumer goods that were registered and taxed by the House of Trade, and then sent to the Indies. Other European commercial interests came to dominate supply, with Spanish merchant houses and their guilds (consulados) in both Spain and the Indies acting as mere middlemen, reaping a slice of the profits. However, those profits did not promote a manufacturing sector in Spain's economic development, and its economy continued to be based in agriculture. The wealth of the Indies led to prosperity in northern Europe, particularly in the Netherlands and England, which were both Protestant. As Spain's power weakened in the seventeenth century, England, the Netherlands, and the French took advantage overseas by seizing islands in the Caribbean, which became bases for a burgeoning contraband trade in Spanish America. Crown officials, who were supposed to suppress contraband trade, were quite often in cahoots with the foreigners, since it was a source of personal enrichment. In Spain, the crown itself participated in collusion with foreign merchant houses, since they paid fines "meant to establish a compensation to the state for losses through fraud." It became a calculated risk for merchant houses doing business, and for the crown it gained income that would have otherwise been lost. Foreign merchants were part of the supposed monopoly system of trade. The transfer of the House of Trade from Seville to Cádiz meant foreign merchant houses had even easier access to the Spanish trade.[134]
The Spanish imperial economy's major global impact was silver mining. The mines in Peru and Mexico were in the hands of a few elite mining entrepreneurs with access to capital and a stomach for the risk that mining entailed. They operated under a system of royal licensing, since the crown held the rights to subsoil wealth. Mining entrepreneurs assumed all the risk of the enterprise, while the crown gained a 20% slice of the profits, the royal fifth ("quinto real"). Further adding to the crown's revenues in mining was that it held a monopoly on the mercury supply, used for separating pure silver from silver ore in the patio process. The crown kept the price high, thereby depressing the volume of silver production.[135] Protecting its flow from Mexico and Peru as it transited to ports for shipment to Spain resulted early on in a convoy system (the flota) sailing twice a year. Its success can be judged by the fact that the silver fleet was captured only once, in 1628 by Dutch privateer Piet Hein. That loss resulted in the bankruptcy of the Spanish crown and an extended period of economic depression in Spain.[136]
During the Bourbon era, economic reforms sought to reverse the pattern that left Spain impoverished with no manufacturing sector and its colonies' need for manufactured goods supplied by other nations. It attempted to establish a closed trading system, but it was hampered by the terms of the 1713 Treaty of Utrecht. The treaty ending the War of the Spanish Succession, with a victory for the Bourbon French candidate for the throne, had a provision for British merchants to legally sell slaves with a license (Asiento de Negros) slaves to Spanish America. The provision undermined the possibility of a revamped Spanish monopoly system. The merchants also used the opportunity to engage in contraband trade of their manufactured goods. Crown policy sought to make legal trade more appealing than contraband by instituting free commerce (comercio libre) in 1778, whereby Spanish American ports could trade with each other, and they could trade with any port in Spain. It was aimed at revamping a closed Spanish system and outflanking the increasingly powerful British. Silver production revived in the eighteenth century, with production far surpassing the earlier output. The crown reduced the taxes on mercury, meaning that a greater volume of pure silver could be refined. Silver mining absorbed most of the available capital in Mexico and Peru, and the crown emphasized the production of precious metals, which were sent to Spain. There was some economic development in the Indies to supply food, but a diversified economy did not emerge.[135] The economic reforms of the Bourbon era both shaped and were themselves impacted by geopolitical developments in Europe. The Bourbon Reforms arose out of the War of the Spanish Succession. In turn, the crown's attempt to tighten its control over its colonial markets in the Americas led to further conflict with other European powers who were vying for access to them. After a sparking a series of skirmishes throughout the 1700s over its stricter policies, Spain's reformed trade system led to war with Britain in 1796.[138] In the Americas, meanwhile, economic policies enacted under the Bourbons had different impacts in different regions. On one hand, silver production in New Spain greatly increased and led to economic growth. But much of the profits of the revitalized mining sector went to mining elites and state officials, while in rural areas of New Spain conditions for rural workers deteriorated, contributing to social unrest that would impact subsequent revolts.[139]
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