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Author Marichal, Carlos.

Title Bankruptcy of empire : Mexican silver and the wars between Spain, Britain, and France, 1760-1810 / Carlos Marichal.

Imprint New York : Cambridge University Press, 2007.

Item Status

Description 1 online resource (xiv, 318 pages) : illustrations.
Series Cambridge Latin American studies ; 91
Cambridge Latin American studies ; 91.
Bibliography Includes bibliographical references (pages 289-312) and index.
Contents Introduction -- Resurgence of the Spanish empire: Bourbon Mexico as submetropolis, 1763-1800 -- An imperial tax state: the fiscal rigors of colonialism -- Imperial wars and loans from new Spain, 1780-1800 -- The royal church and the finances of the viceroyalty -- Napoleon and Mexican silver, 1805-1808 -- Between Spain and America: the royal treasury and the Gordon & Murphy consortium, 1806-1808 -- Mexican silver for the Cortes of Cádiz and the war against Napoleon, 1808-1811 -- The rebellion of 1810, colonial debts, and bankruptcy of New Spain -- Conclusions: the financial collapse of viceroyalty and monarchy.
Summary This book emphasizes that the Spanish empire remained the third most important European state in terms of fiscal income and naval power, and first in size of territorial empire, particularly because of its colonies in Spanish America. The Spanish crown was involved in four wars with Great Britain and two wars with France during the decades 1760-1810. Colonial Mexico financed most of these wars by remitting silver in the form of taxes and loans. The expenditures of the imperial wars were so great that they eventually caused the bankruptcy of both the Spanish American colonies and of the monarchy itself.
Local Note eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America
Subject Spain -- History, Military -- 18th century.
New Spain -- Economic conditions -- 18th century.
Finance, Public -- New Spain -- History -- 18th century.
Chronological Term 1700-1799
Genre/Form Electronic books.
Military history.
Other Form: Print version: Marichal, Carlos. Bankruptcy of empire. New York : Cambridge University Press, 2007 9780521879644 0521879647 (DLC) 2007017750 (OCoLC)123968535
ISBN 9780511508080 (electronic bk.)
0511508085 (electronic bk.)
9780521879644 (hardback)
0521879647 (hardback)