The Economic Condition of Spain in the Sixteenth Century volume 6 No 11
The Economic Condition of Spain in the Sixteenth Century volume 6 No 11
Bernard Moses
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129 lost their importance in the seventeenth century ; while in the other view there never existed in the country any remarkable industrial development. The historical fact, however, lies nearer the first view than the second, but at the same time there is no doubt that tradition has somewhat exaggerated the degree of industrial prosperity which had been attained at the beginning of the sixteenth century. There is no doubt, moreover, that the course of the century was marked by a con spicuous d...ecline in Spanish industry, but it is not now possi ble to date the several steps of that decline. Among the first symptoms were the complaints made in 1537 that the cloth of Segovia had risen in price in the four preceding years. With these complaints of high prices appeared also denunciations of fraud employed in the processes of manufacturing. On account of these high prices, the common people were unable to use the cloth made in their own country and were granted the privilege of purchasing foreign goods.
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