History of Central America, Volume 2, 1530-1800: The Works of Hubert Howe Bancroft, Volume 7Bancroft, Hubert Howe
History
History of Central America, Volume 2, 1530-1800: The Works of Hubert Howe Bancroft, Volume 7
Bancroft, Hubert Howe
Central America -- History
During the closing years of the sixteenth century it was the policy of
the cabildo in their reports to the king to represent the industrial
condition of Guatemala in as unfavorable a light as possible.
Nevertheless there is sufficient evidence that trade was restricted,
mining almost neglected, and that agriculture received little attention.
Rich mines were discovered in various places, but Indians could not
be procured to work them, and mine-owners becoming every day poorer,
threatened altogether to abandon the field, thus causing the cabildo to
petition for the importation of slaves for the purpose of developing
them. So great was the falling-off in receipts at the smelting-works
that the royal officials resolved to exact only one tenth instead of
the fifth of the proceeds which had before been collected as the king's
dues.
The possibility of extending the commerce of the province by the
opening of the port of Iztapa, ten or twelve leagues from Santiago, and
the point where it will be remembered Alvarado's vessels were built
and equipped for his promised expedition to the Spice Islands, was
the subject of many petitions to the king. It seemed to present many
facilities for an extensive traffic on the South Sea, and its contiguity
to Guatemala would afford merchants and speculators an opportunity of
dealing in the products of the country. Ship-building especially might
become an important industry. Woods of finest quality and in limitless
quantity could be had in the district. Large cedars were abundant;
while cordage could be had in inexhaustible quantity. The pita, which
furnished excellent material for ropes and cables, grew profusely all
over the coast. Pitch and tar could also be procured in the valley
of Inmais, only a short distance from the port. So far, however,
little success had attended the various attempts made to utilize these
advantages, but in after years further efforts were made. In 1591,
measures were also taken for opening another port named Estero del
Salto, seven leagues from Iztapa and capable of accommodating vessels
of a hundred tons.[XXI‑60]
While thus struggling for new avenues of trade, the members of the
cabildo were tenacious of those already in their possession. Neither the
importation of slaves nor a reduction of the royal dues would satisfy
them, while cacao, the only product which really did pay and thus
preserved the balance of trade, was improperly taxed. Writing in 1575,
they alleged that for two years past this once highly profitable trade
had been nearly destroyed by excessive taxation and that in consequence
the prosperity of Santiago had been greatly diminished.[XXI‑61]
* * * * *
[Sidenote: VOLCANIC ERUPTIONS.]
Public-domain text, read in full here on John Shaqi.
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