The History of Cuba, vol. 2Johnson, Willis Fletcher
History
The History of Cuba, vol. 2
Johnson, Willis Fletcher
Cuba -- Economic conditions; Cuba -- History
The colonial government was then in charge of D. Jose del Campillo, an
official of great knowledge and sagacity and of wide experience in
economic and financial affairs. Many of the improvements that had been
introduced in Spain by Minister Ori were through D. Campillo's efforts
now applied to the colonies in America. Among these valuable innovations
were the regulation of the revenues, the reduction of import and export
duties, and the distribution of the realenzes or royal patrimonies. But
equally important was the creation of royal commissions to inquire into
the state, the resources and needs of the provinces, and to organize
industry and commerce upon a sound and equitable basis.
On the other hand it cannot be denied that powerful influences were at
work to secure privileges for private corporations, which in a measure
threatened to undo what those commissions attained. The organization
which came into being in Havana in the year 1740 under the name Real
Compania de Comercio under the patronage of the Virgin del Rosario, was
such a corporation and it seems doubtful whether the privileges it
enjoyed and the profits that accrued from them did not outweigh the
advantages which were promised to the colony. The company was given a
general monopoly, including the exclusive right of exportation of
tobacco and sugar; it had the right of importation of articles of
consumption in the island without paying custom on goods imported into
the interior. Of course, it pledged itself on its part to render the
community certain services which should not be underestimated. It was to
build in its dockyards vessels of war and of trade; to supply the
warships anchored in the harbor with provisions for their crews; to
furnish ten armed vessels for the persecution of contraband; and for the
transportation of the country's products to the port of Cadiz; to bring
from Spain the ammunition needed in Cuba; to provision the garrison of
Florida; and to furnish articles of equipment to the weather-side fleet.
Public-domain text, read in full here on John Shaqi.
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