Bankruptcy of Empire
Mexican Silver and the Wars Between Spain, Britain and France, 1760–1810
$39.99 (C)
Part of Cambridge Latin American Studies
- Author: Carlos Marichal, Colegio de México
- Date Published: April 2010
- availability: Available
- format: Paperback
- isbn: 9780521142359
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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.
Read more- Incorporates analysis of the Spanish empire into the debates on the end of the ancient regime
- Demonstrates the importance of Mexican silver in all the major wars of the late eighteenth century and in the Napoleonic era
- Contrasts tax and financial policies in colonial Mexico and the thirteen colonies in North America
Awards
- Awarded the A. H. Jones Prize from the Economic History Association of the United States for 'Best book on the Economic History of North America' published in 2006/2007
Reviews & endorsements
"...a major breakthrough in its genre." -Aldo Musacchio, EH.NET
See more reviews"Eight tightly focused chapters..." -Jordana Dym, Amercian Historical Review
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×Product details
- Date Published: April 2010
- format: Paperback
- isbn: 9780521142359
- length: 340 pages
- dimensions: 229 x 152 x 19 mm
- weight: 0.5kg
- availability: Available
Table of Contents
List of tables and figures
Acknowledgements
Introduction
1. Resurgence of the Spanish Empire: Bourbon Mexico as submetropolis, 1763–1800
2. An imperial state tax: the fiscal costs and benefits of colonialism
3. Imperial wars and loans from New Spain, 1780–1800
4. The royal church and the finances of the viceroyalty
5. Napoleon and Mexican silver, 1805–8
6. Between Spain and America: the royal treasury and the Gordon and Murphy Consortium, 1806–8
7. Mexican silver for the Cortes of Cádiz and the war against Napoleon, 1808–11
8. The rebellion of 1810, colonial debts, and bankruptcy of New Spain
Conclusions: the financial collapse of viceroyalty and monarchy
Appendices
Bibliography
Index.
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