By Dr Carlos Marichal
This ebook emphasizes that the Spanish empire remained the 3rd most vital ecu kingdom when it comes to monetary source of revenue and naval strength, and primary in dimension of territorial empire, relatively as a result of its colonies in Spanish the USA. The Spanish crown was once thinking about 4 wars with nice Britain and wars with France throughout the many years 1760-1810. Colonial Mexico financed every one of these wars by means of remitting silver within the type of taxes and loans. The expenses of the imperial wars have been so nice that they ultimately prompted the financial ruin of either the Spanish American colonies and of the monarchy itself.
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Extra info for Bankruptcy of Empire: Mexican Silver and the Wars Between Spain, Britain and France, 1760-1810
75–76. 43 The statistical series of the real hacienda of New Spain (and especially that of the real caja of Veracruz) published by Herbert Klein and John TePaske make possible a year-by-year reconstruction and analysis of the financial transfers from the viceroyalty to the metropolis and to different parts of the American empire. We have complemented this data with additional archival information on the “Situados” from New Spain, among the most important of which were financial remittances established from the end of sixteenth century for the support of military and administrative bastions in the Caribbean.
36 These ranged from funding shipbuilding or tobacco purchases in Cuba, to the support of religious missions or colonisation ventures in other islands, to stipends for clergy and civil officials”: Alexandra Irigoin, “Bargaining for Absolutism: A Spanish Path to Nation State and Empire Building,” unpublished manuscript, October 2005, p. 16. , Soldados del Rey. El ej´ercito borb´onico en Am´erica colonial en v´ısperas de la Independencia (Castellon: Universitat Jaume I, Colecci´on Am´erica, 2005).
Glete, Navies and Nations, vol. 2. 32 The essential study on building of warships in Spain is Jos´e Patricio Merino Navarro, La armada ˜ espa˜nola en el siglo XVIII (Madrid: Fundaci´on Universitaria Espanola, 1981) but, unfortunately, this work provides no information on the Havana naval arsenal. 33 The detailed notes by J. S. Thrasher provide the information on each of the ships built in Havana. These notes are found in Alejandro von Humboldt, Ensayo pol´ıtico sobre la isla de Cuba (Havana: Archivo Nacional de Cuba, 1960), pp.
Bankruptcy of Empire: Mexican Silver and the Wars Between Spain, Britain and France, 1760-1810 by Dr Carlos Marichal