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Asiento
The () was a monopoly contract between the Spanish Crown and various merchants for the right to provide African slaves to colonies in the Spanish Americas. The Spanish Empire rarely engaged in the trans-Atlantic slave trade directly from Africa itself, choosing instead to contract out the importation to foreign merchants from nations more prominent in that part of the world; typically Portuguese and Genoese, but later the Dutch, French, and British. The Asiento did not concern French or British Caribbean but Spanish America. The 1479 Treaty of Alcáçovas divided the Atlantic Ocean and other parts of the globe into two zones of influence, Spanish and Portuguese. The Spanish acquired the west side, washing South America and the West Indies, whilst the Portuguese obtained the east side, washing the west coast of Africa - and also the Indian Ocean beyond. The Spanish relied on enslaved African labourers to support their American colonial project, but now lacked any trading or te ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Sea Company
The South Sea Company (officially The Governor and Company of the merchants of Great Britain, trading to the South Seas and other parts of America, and for the encouragement of the Fishery) was a British joint-stock company founded in January 1711, created as a public-private partnership to consolidate and reduce the cost of the national debt. To generate income, in 1713 the company was granted a monopoly (the Asiento de Negros) to supply African slaves to the islands in the "South Seas" and South America. When the company was created, Britain was involved in the War of the Spanish Succession and Spain and Portugal controlled most of South America. There was thus no realistic prospect that trade would take place, and as it turned out, the Company never realised any significant profit from its monopoly. However, Company stock rose greatly in value as it expanded its operations dealing in government debt, and peaked in 1720 before suddenly collapsing to little above its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Treaty Of Madrid (5 October 1750)
The Treaty of Madrid, also known as the Treaty of Aquisgran, was a commercial treaty between Britain and Spain, formally signed on 5 October 1750 in Madrid. Commercial tensions over the ''Asiento'', a monopoly contract allowing foreign merchants to supply slaves to Spanish America (which was granted by the Spanish Crown to Britain via the 1713 Treaty of Utrecht), and alleged smuggling of British goods into Spain's American colonies led to the War of Jenkins Ear in 1739. This was followed by the War of the Austrian Succession, ended by the 1748 Treaty of Aix-la-Chapelle. In addition to the ''Asiento'', there was also a substantial import and export trade between Spain and Britain, carried out by British merchants based in Cádiz. Due to an error by negotiators at Aix-la-Chapelle, the treaty failed to renew their trading privileges, which were treated as cancelled by the Spanish. Both sides also claimed they were owed large sums of money in regards to the ''Asiento''. However, t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Treaty Of Utrecht
The Peace of Utrecht was a series of peace treaties signed by the belligerents in the War of the Spanish Succession, in the Dutch city of Utrecht between April 1713 and February 1715. The war involved three contenders for the vacant throne of Spain, and involved much of Europe for over a decade. The main action saw France as the defender of Spain against a multinational coalition. The war was very expensive and bloody and finally stalemated. Essentially, the treaties allowed Philip V (grandson of King Louis XIV of France) to keep the Spanish throne in return for permanently renouncing his claim to the French throne, along with other necessary guarantees that would ensure that France and Spain should not merge, thus preserving the balance of power in Europe. The treaties between several European states, including Spain, Great Britain, France, Portugal, Savoy and the Dutch Republic, helped end the war. The treaties were concluded between the representatives of Louis XIV of Fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
War Of Jenkins' Ear
The War of Jenkins' Ear, or , was a conflict lasting from 1739 to 1748 between Britain and the Spanish Empire. The majority of the fighting took place in New Granada and the Caribbean Sea, with major operations largely ended by 1742. It is considered a related conflict of the 1740 to 1748 War of the Austrian Succession. The name was coined in 1858 by British historian Thomas Carlyle, and refers to Robert Jenkins, captain of the British brig "Rebecca", whose ear was allegedly severed by Spanish coast guards while searching his ship for contraband in April 1731. Response to the incident was tepid until opposition politicians in Parliament, backed by the South Sea Company, used it seven years later to incite support for a war against Spain, hoping to improve British trading opportunities in the Caribbean. They also wanted to retain the lucrative '' Asiento de Negros'' giving British slave traders permission to sell slaves in Spanish America, which is why the Spanish call it the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spanish Empire
The Spanish Empire ( es, link=no, Imperio español), also known as the Hispanic Monarchy ( es, link=no, Monarquía Hispánica) or the Catholic Monarchy ( es, link=no, Monarquía Católica) was a colonial empire governed by Spain and its predecessor states between 1492 and 1976. One of the largest empires in history, it was, in conjunction with the Portuguese Empire, the first to usher the European Age of Discovery and achieve a global scale, controlling vast portions of the Americas, territories in Western Europe], Africa, and various islands in Spanish East Indies, Asia and Oceania. It was one of the most powerful empires of the early modern period, becoming the first empire known as "the empire on which the sun never sets", and reached its maximum extent in the 18th century. An important element in the formation of Spain's empire was the dynastic union between Isabella I of Castile and Ferdinand II of Aragon in 1469, known as the Catholic Monarchs, which in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trans-Atlantic Slave Trade
The Atlantic slave trade, transatlantic slave trade, or Euro-American slave trade involved the transportation by slave traders of enslaved African people, mainly to the Americas. The slave trade regularly used the triangular trade route and its Middle Passage, and existed from the 16th to the 19th centuries. The vast majority of those who were transported in the transatlantic slave trade were people from Central and West Africa that had been sold by other West Africans to Western European slave traders,Thornton, p. 112. while others had been captured directly by the slave traders in coastal raids; Europeans gathered and imprisoned the enslaved at forts on the African coast and then brought them to the Americas. Except for the Portuguese, European slave traders generally did not participate in the raids because life expectancy for Europeans in sub-Saharan Africa was less than one year during the period of the slave trade (which was prior to the widespread availability of quini ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Slavery In Colonial Spanish America
Slavery in the Spanish American colonies was an economic and social institution which existed throughout the Spanish Empire including Spain itself. In its American territories, Spain displayed an early abolitionist stance towards indigenous people although Native American slavery continued to be practiced, particularly until the New Laws of 1543. The Spanish empire, however was involved in the enslavement of people of African origin. Although the Spanish often depended on others to obtain enslaved Africans and transport them across the Atlantic, the Spanish Empire was a major recipient of enslaved Africans, with around 22% of the Africans delivered to American shores ending up in the Spanish Empire. The Spanish restricted and outright forbade the enslavement of Native Americans from the early years of the Spanish Empire with the Laws of Burgos of 1512 and the New Laws of 1542. The latter led to the abolition of the Encomienda, private grants of groups of Native Americans to indi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
War Of The Spanish Succession
The War of the Spanish Succession was a European great power conflict that took place from 1701 to 1714. The death of childless Charles II of Spain in November 1700 led to a struggle for control of the Spanish Empire between his heirs, Philip of Anjou and Charles of Austria, and their respective supporters, among them Spain, Austria, France, the Dutch Republic, Savoy and Great Britain. Related conflicts include the 1700–1721 Great Northern War, Rákóczi's War of Independence in Hungary, the Camisards revolt in southern France, Queen Anne's War in North America and minor trade wars in India and South America. Although weakened by over a century of continuous conflict, Spain remained a global power whose territories included the Spanish Netherlands, large parts of Italy, the Philippines, and much of the Americas, which meant its acquisition by either France or Austria potentially threatened the European balance of power. Attempts by Louis XIV of France and William III o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spanish Main
During the Spanish colonization of America, the Spanish Main was the collective term for the parts of the Spanish Empire that were on the mainland of the Americas and had coastlines on the Caribbean Sea or Gulf of Mexico. The term was used to distinguish those regions from the numerous islands Spain controlled in the Caribbean, which were known as the Spanish West Indies. Etymology The word "main" in the expression is a contraction of mainland.Online Etymology Dictionary: main (n.) Retrieved 20 August 2014 Composition The Spanish Main included and |
Bullion
Bullion is non-ferrous metal that has been refined to a high standard of elemental purity. The term is ordinarily applied to bulk metal used in the production of coins and especially to precious metals such as gold and silver. It comes from the Anglo-Norman term for a melting-house where metal was refined, and earlier from French , "boiling". Although precious metal bullion is no longer used to make coins for general circulation, it continues to be held as an investment with a reputation for stability in periods of economic uncertainty. To assess the purity of gold bullion, the centuries-old technique of fire assay is still employed, together with modern spectroscopic instrumentation, to accurately determine its quality. As investment The specifications of bullion are often regulated by market bodies or legislation. In the European Union, the minimum purity for gold to be referred to as "bullion", which is treated as investment gold with regard to taxation, is 99.5% for gol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spanish West Indies
The Spanish West Indies or the Spanish Antilles (also known as "Las Antillas Occidentales" or simply "Las Antillas Españolas" in Spanish language, Spanish) were Spanish colonies in the Caribbean. In terms of governance of the Spanish Empire, The Indies was the designation for all its overseas territories and was overseen by the Council of the Indies, founded in 1524 and based in Spain. When the Spanish Crown, Crown established the Viceroyalty of New Spain in 1535, the islands of the Caribbean came under its jurisdiction. The islands ruled by Spain were chiefly the Greater Antilles such as Hispaniola (inclusive of modern-day Haiti and the Dominican Republic), Cuba, Jamaica, and Puerto Rico. The majority of the indigenous populations on these islands had died out or had mixed with the European colonizers by 1520. Spain also claimed the Lesser Antilles (such as Guadeloupe, Guadalupe and the Cayman Islands) but these smaller islands remained largely independent until they were conqu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Loan
In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations, etc. The recipient (i.e., the borrower) incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed. The document evidencing the debt (e.g., a promissory note) will normally specify, among other things, the principal amount of money borrowed, the interest rate the lender is charging, and the date of repayment. A loan entails the reallocation of the subject asset(s) for a period of time, between the lender and the borrower. The interest provides an incentive for the lender to engage in the loan. In a legal loan, each of these obligations and restrictions is enforced by contract, which can also place the borrower under additional restrictions known as loan covenants. Although this article focuses on monetary loans, in practice, any material object might be lent. Ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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