Bankruptcy of Empire: Mexican Silver and the Wars Between Spain, Britain and France, 1760–1810 (Cambridge Latin American Studies, Series Number 91)

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Bankruptcy of Empire: Mexican Silver and the Wars Between Spain, Britain and France, 1760–1810 (Cambridge Latin American Studies, Series Number 91) image
ISBN-10:

0521142350

ISBN-13:

9780521142359

Author(s): Marichal, Carlos
Released: Apr 01, 2010
Format: Paperback, 340 pages
Related ISBN: 9780521879644

Description:

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.

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