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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 ...
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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 th ...
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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''. Howeve ...
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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 ...
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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 ...
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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 qui ...
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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 ...
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Treasurer
A treasurer is the person responsible for running the treasury of an organization. The significant core functions of a corporate treasurer include cash and liquidity management, risk management, and corporate finance. Government The treasury of a country is the department responsible for the country's economy, finance and revenue. The treasurer is generally the head of the treasury, although, in some countries (such as the United Kingdom or the United States) the treasury reports to a Secretary of the Treasury or Chancellor of the Exchequer. In Australia, the Treasurer is a senior minister and usually the second or third most important member of the government after the Prime Minister and Deputy Prime Minister. Each Australian state and self-governing territory also has its own treasurer. From 1867 to 1993, Ontario's Minister of Finance was called the Treasurer of Ontario. Originally the word referred to the person in charge of the treasure of a noble; however, it ha ...
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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. ...
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Spanish Crown
, coatofarms = File:Coat_of_Arms_of_Spanish_Monarch.svg , coatofarms_article = Coat of arms of the King of Spain , image = Felipe_VI_in_2020_(cropped).jpg , incumbent = Felipe VI , incumbentsince = 19 June 2014 , his/her = His , heir_presumptive = Leonor, Princess of Asturias , first_monarch = Isabella I of Castile and Ferdinand II of Aragon (Catholic Monarchs of Spain) , date = , appointer = Hereditary , residence = Royal Palace of Madrid (official) Palace of Zarzuela (private) , website The Spanish Monarchy The monarchy of Spain or Spanish monarchy ( es, Monarquía Española), constitutionally referred to as The Crown ( es, La Corona), is a constitutional institution and the highest office of Spain. The monarchy comprises the reigning monarch, his or her family, and the royal household organization which supports and facilitates the monarch in the exercise of his du ...
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Peace Treaties
A peace treaty is an agreement between two or more hostile parties, usually countries or governments, which formally ends a state of war between the parties. It is different from an armistice, which is an agreement to stop hostilities; a surrender, in which an army agrees to give up arms; or a ceasefire or truce, in which the parties may agree to temporarily or permanently stop fighting. The art of negotiating a peace treaty in the modern era has been referred to by legal scholar Christine Bell as the , with a peace treaty potentially contributing to the legal framework governing the post conflict period, or . Elements of treaties The content of a treaty usually depends on the nature of the conflict being concluded. In the case of large conflicts between numerous parties, international treaty covering all issues or separate treaties signed between each party. There are many possible issues that may be included in a peace treaty such as the following: * Formal designation of b ...
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1713 Asiento Contract
Events January–March * January 17 – Tuscarora War: Colonel James Moore leads the Carolina militia out of Albemarle County, North Carolina, in a second offensive against the Tuscarora. Heavy snows force the troops to take refuge in Fort Reading, on the Pamlico River. * February 1 – Skirmish at Bender, Moldova: Charles XII of Sweden is defeated by the Ottoman Empire. * February 4 – Tuscarora War: The Carolina militia under Colonel James Moore leaves Fort Reading, to continue the campaign against the Tuscarora. * February 25 – Frederick William I of Prussia begins his reign. * March 1 – Tuscarora War: Colonel James Moore's Carolina militia lays siege to the Tuscaroran stronghold of Fort Neoheroka, located a few miles up Contentnea Creek from Fort Hancock. * March 20 – Tuscarora War: Colonel James Moore's Carolina militia launches a major offensive against Fort Neoheroka. * March 23 – Tuscarora War: Fort Neoheroka falls to th ...
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Republic Of Genoa
The Republic of Genoa ( lij, Repúbrica de Zêna ; it, Repubblica di Genova; la, Res Publica Ianuensis) was a medieval and early modern maritime republic from the 11th century to 1797 in Liguria on the northwestern Italian coast. During the Late Middle Ages, it was a major commercial power in both the Mediterranean Sea and the Black Sea. Between the 16th and 17th centuries it was one of the major financial centers in Europe. Throughout its history, the Genoese Republic established numerous colonies throughout the Mediterranean and the Black Sea, including Corsica from 1347 to 1768, Monaco, Southern Crimea from 1266 to 1475 and the islands of Lesbos and Chios from the 14th century to 1462 and 1566 respectively. With the arrival of the early modern period, the Republic had lost many of its colonies, and had to shift its interests and focus on banking. This decision would prove successful for Genoa, which remained as one of the hubs of capitalism, with highly developed banks ...
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