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Middeldyk, R.A. Van

"The History of Puerto Rico From the Spanish Discovery to the American Occupation"

The authorities wasted it in an
attempt to reannex Santo Domingo and in contributions toward the
expenses of the war in Morocco. The balance was used by the Spanish
Minister of Ultramar, the Government being of opinion that surpluses
in colonial treasuries were a source of danger. To avoid a plethora of
money contributions were asked for in the name of patriotism, which
nobody dared refuse, and which were, therefore, always liberally
responded to. Of this class was a contribution of half a million pesos
toward the expenses of the war with the Carlists to secure the
succession of Isabel II, and Sunday collections for the benefit of the
Spanish soldiers in Cuba, for the sufferers by the inundations in
Murcia, the earthquakes in Andalusia, etc. From 1870 to 1876 a series
of laws and ordinances relating to finances were promulgated. February
22d, a royal decree admitted Mexican silver coin as currency. December
3, 1880, another royal decree reformed the financial administration of
the island. This was followed in 1881 by instructions for the
collection of personal contributions. In 1882 the Intendant Alcazar
published the regulations for the imposition, collection, and
administration of the land tax; from 1882 to 1892 another series of
laws, ordinances, and decrees appeared for the collection and
administration of different taxes and contributions, and October 28,
1895, another royal decree withdrew the Mexican coin from circulation.


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