Bankruptcy of empire
mexican silver and the wars between Spain, Britain and France, 1760-1810
- ISBN: 9780521879644
- Editorial: Cambridge University Press
- Fecha de la edición: 2007
- Lugar de la edición: Cambridge. Reino Unido
- Colección: Cambridge Latin American Studies
- Encuadernación: Cartoné
- Medidas: 24 cm
- Nº Pág.: 318
- Idiomas: Inglés
Marichal 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. # 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
