Trade And Navigation Between Spain And the Indies in the Time of the Hapsburgs
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The prior and consuls of 1554, while approving the new measure as promising greater security, and therefore incentive, to trade, objected to the size of the armadas, chiefly on the score of expense. Each armed ship, they calculated, would cost 20, 000 ducats, making 160, 000 in all, without coimting interest on money borrowed. Such a sum they pretended to be at a loss to know where to find. The averia alone could not furnish it, and since the Emperor had sequestered so much of the bullion remit...ted to * Colecc. De doc, 2d ser. , vi, pp. 339, 347.
204 TRADE AND NAVIGATION Spanish merchants, the latter were unable or unwilling to lend. The Consulado suggested instead a modification of the plan of 1552 : that two squadrons be maintained by the king to cruise for pirates about the coasts of Spain and the West Indies, and that only two ships of war and a small, armed dispatch boat or patache accompany the fleets to America, one convoying the merchantmen to Tierra Firme, and the other with the patache the ships for Vera Cruz.^ Vessels for Hispaniola or Honduras should follow the Mexican contingent till in the vicinity of their respective ports, trade with these regions being too slight to war- rant a separate convoy.
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To quickly assess the difficulty of the text, read a short excerpt:
The prior and consuls of 1554, while approving the new measure as promising greater security, and therefore incentive, to trade, objected to the size of the armadas, chiefly on the score of expense. Each armed ship, they calculated, would cost 20, 000 ducats, making 160, 000 in all, without coimting interest on money borrowed. Such a sum they pretended to be at a loss to know where to find. The averia alone could not furnish it, and since the Emperor had sequestered so much of the bullion remit...ted to * Colecc. De doc, 2d ser. , vi, pp. 339, 347.
204 TRADE AND NAVIGATION Spanish merchants, the latter were unable or unwilling to lend. The Consulado suggested instead a modification of the plan of 1552 : that two squadrons be maintained by the king to cruise for pirates about the coasts of Spain and the West Indies, and that only two ships of war and a small, armed dispatch boat or patache accompany the fleets to America, one convoying the merchantmen to Tierra Firme, and the other with the patache the ships for Vera Cruz.^ Vessels for Hispaniola or Honduras should follow the Mexican contingent till in the vicinity of their respective ports, trade with these regions being too slight to war- rant a separate convoy.
What to read after Trade And Navigation Between Spain And the Indies in the Time of the Hapsburgs?
You can find similar books in the "Read Also" column, or choose other free books by Haring Clarence Henry to read onlineMoreLess
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