agriculture felt the blight of national degeneracy. The great emigration to the colonies drained off the energetic element of the population and the immense riches which the colonies showered upon Spain intoxicated the people and led them to desert the accustomed paths of industry. Nineteen-twentieths of the commodities exported to the Spanish colonies were foreign fabrics, paid for by the products of the mines, so that the gold and silver no sooner entered Spain than they passed away into the hands of foreigners, and the country was left without sufficient of the precious metals for a circulating medium.
Although wholly unable to supply the wants of her colonies Spain did not relax in the smallest degree the rigor of her colonial system, the controlling principle of which was that the whole commerce of the colonies should be a monopoly in the hands of the crown. The regulation of this commerce was entrusted to the Board of Trade, established at Seville.
This board granted a license to any vessel bound to America, and inspected its cargo. The entire commerce with the colonies centred in Seville, and continued there until 1720. It was carried on in a uniform manner for more than two centuries. A fleet with a strong convoy sailed annually for America. The fleet consisted of two divisions, one destined for Carthagena and Porto Bello, the other for Vera Cruz. At those points all the trade and treasure of Spanish America from California to the Straits of Magellan, was concentrated, the products of Peru and Chili being conveyed annually by sea to Panama, and from thence across the isthmus to Porto Bello, part of the way on mules, and part of the way down the Chagres river. The storehouses of Porto Bello, now a decayed and miserable town, retaining no shadow of former greatness, were filled with merchandise, and its streets thronged with opulent merchants drawn from distant provinces. Upon the arrival of the fleet a fair was opened, continuing for forty days, during which the most extensive commercial transactions took place, and the rich cargoes of the galleons were all marketed, and the specie and staples of the colonies received in payment to be conveyed to Spain. The same exchange occurred at Vera Cruz, and both squadrons having taken in their return cargoes, rendezvoused at Havana, and sailed from thence to Europe. Such was the stinted, fettered and restricted commerce which subsisted between Spain and her possessions in America for more than two centuries and a half, and such were the swaddling clothes which bound the youthful limbs of the Spanish colonies, retarding their growth and keeping them in a condition of abject dependence. The effect was most injurious to Spain as well as to the colonies. The naval superiority of the English and Dutch enabled them in time of war to cut off intercourse between Spain and America, and thereby deprive Spanish-Americans of the necessaries as well as the luxuries for which they depended upon Spain, and an extensive smuggling trade grew up which no efforts on the part of the authorities could repress. Monopoly was starved out through the very rigor exerted to make it exclusive, and the markets were so glutted with contraband goods that the galleons could scarcely dispose of their cargoes.
The restrictions upon the domestic intercourse and commerce of the Spanish colonies were, if possible, more grievous and pernicious in their consequences than those upon traffic with Europe. Inter-colonial commerce was prohibited under the severest penalties, the crown insisting that all trade should be carried on through Spain and made tributary to the oppressive duties exacted by the government. While Spain received a considerable revenue from her colonies, notwithstanding the contraband trade, the expenses of the system were very great, and absorbed much of the revenue. Corruption was widespread, and colonial officers looked upon their positions chiefly with a view to their own enrichment. They had no patriotic interest in the welfare of the colonies, and conducted themselves like a garrison quartered upon the inhabitants. Although salaries were high the expenses of living were great, and the salaries were usually but a small part of the income. Viceroys who had been in office a few years, went back to Spain with princely fortunes.
* * *
Such was the condition of affairs in Spain's vast American empire when England, France and the United Provinces started on a career of colonization in North America. It seems to have been providential that the same generation which witnessed the discovery of America witnessed the birth of Luther. In the century which followed the Theses of Wittenberg the eyes of sufferers for conscience' sake turned eagerly and hopefully toward the New World as a refuge from the oppression, the scandal and the persecution of the old. The first to seek what is
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