Immense warehouses were constructed at the different ports, and advances of money without interest were made to the cultivators. Flourishing villages arose in every direction, and the land was converted from immense marshes and forests to smiling plantations. In 1735, 65,000 quintals of cacao were only exported, whilst in 1763, the amount of this article increased to 110,650 quintals. Cattle multiplied rapidly in the vast plains on the south, and hides were added to the other objects of the export trade. From this time the duties paid at the various custom houses, was so great, that Caraccas was no longer supplied with remittances from Mexico, to defray the expences of its government. But with all these advantages, which lasted only a short time, the directors of the company assumed powers foreign to the intentions under which their grant was conferred, they became corrupt; and such was the state of the trade from the abuses they daily committed, that, in 1778, the court of Madrid opened the ports of Venezuela and Spain reciprocally to each other. New regulations were adopted, and the trade of the colony gradually increased till 1796, when it experienced a check from the operations of the maritime warfare so vigorously carried on by Great Britain at that period. At present it is not in a very flourishing state, owing to the dreadful struggle which has existed between the mother country and her colonies. _Capital._--The capital of Venezuela is _Caraccas_, which is also the metropolis of the captain-generalship, and has already been described. _Coro_ is the principal place of the province of that name, and is situated in 11° north-latitude, and 72° 30' west-longitude, on an isthmus which divides the gulf of Venezuela or Maracaybo, from the Caribbean sea: it was founded in 1527, and was the second settlement made by Europeans on this coast. Coro was considered, for a long while, the capital of Venezuela, till in 1576, when the governor transferred his residence to Leon de Caraccas, since which time no person of high rank, excepting the bishop, remains at Coro. This city is placed on a dry sandy plain, covered with Indian figs or plants of the cactus family; it is supplied with fruit and vegetables from some fertile plains three leagues distant. The inhabitants, who amount to 10,000, are in general not rich, possessing little activity or enterprise; many of them pride themselves, on account of being descended from the conquerors of the country. Some trade is carried on among them with the West India islands in mules, hides, goats, coarse pottery ware, cheese, &c. which are all brought from the interior. Their chief commercial relations are with Curaçoa, from which island, they are distant only a day's sail.