However, 1,500 African slaves entered
here at different times during those seventeen years, without
reckoning the large numbers that were introduced as contraband.
Philip II tried to reduce the exorbitant prices exacted by the German
monopolists of the West Indian slave-trade, but, finding that his
efforts to do so diminished the importation, he revoked his
ordinances.
A Genoese banking-house, having made him large advances to help equip
the great Armada for the invasion of England, obtained the next
monopoly (1580).
During the course of the seventeenth century the privilege of
introducing African slaves into the Antilles was sold successively to
Genoese, Portuguese, Holland, French, and Spanish companies. The
traffic was an exceedingly profitable one, not so much on account of
the high prices obtained for the negroes as on account of the
contraband trade in all kinds of merchandise that accompanied it. From
1613 to 1621 during the government of Felipe de Beaumont, 11
ship-loads of slaves entered San Juan harbor.
During the eighteenth century the traffic expanded still more. To
induce England to abandon the cause of the House of Austria, for which
that nation was fighting, Philip V offered it the exclusive privilege
of introducing 140,000 negro slaves into the Spanish-American colonies
within a period of thirty years; the monopolists to pay 33-13 silver
crowns for each negro introduced, to the Spanish Government.
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