=213. Weakness in resources; bad effects of Spanish rule,
1580-1640.=—Portugal was not only small but industrially undeveloped,
and from the very first depended on other countries for the wares which
she exported to the East. Her explorations and her distant commerce
were due to the energy of the dynasty rather than that of the people,
and it was the misfortune of the country, in the critical period 1580
to 1640, to fall under the rule of Spanish kings whose influence on her
commercial interests was entirely for the bad. Of the 806 vessels which
Portugal sent to India, 1497-1612, only 186 sailed after 1580, and not
only the number but the quality declined in a period which should have
been marked by growth. Countries like England and Holland, which were
far stronger economically than Portugal, refused longer to allow her
the profits of trade while they did the work of production, and the
English broke the power of the Portuguese in India, while the Dutch
drove them from the eastern islands.
=214. Failure of Portugal to recover her position by commerce with
Brazil.=—After the recovery of her independence in 1640, Portugal
could look only to her American possession, Brazil, for the means of
developing her commerce. The Dutch were expelled from that possession,
and the discovery of gold there stimulated the growth of trade.
Comparing the latter part of the eighteenth century with the earlier
part of the seventeenth, the commerce between Portugal and Brazil is
said to have increased twenty-fold. In place of a dozen ships a hundred
sailed every year for America, returning with sugar, tobacco, hides,
brazil-wood, gold, and diamonds.
The profits of this commerce, however, went for the most part to
foreigners. Conditions at home had gone from bad to worse. The slight
advance which the country had achieved in agriculture and manufactures
before the discoveries had been lost by the attraction of all energetic
spirits into commerce and navigation. African slaves took the place of
free men in the fields. Portugal staked everything in the sixteenth
century on the chance of commercial greatness, and when she lost, lost
all.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account