In 1728, a group of merchants from San Sebastian founded the Royal Guipuzcoa Company of Caracas with the aim of providing the province with a privileged commercial circuit. Thanks to a royal concession, the Company had a monopoly on the cocoa trade, suppressing piracy and smuggling in that part of the Caribbean. This foundation broke the monopoly of cities such as Seville and Cadiz, although competition, falling prices and Venezuelan opposition led to the search for commercial alternatives for a company that was suffering the consequences. Finally, in 1778, the Compañía Guipuzcoana de Caracas merged with that of the Philippines.

Collection: Texts

Chronology: XVIII

Scope: Baccalaureate, University

Link: https://dokuklik.euskadi.eus/badator/visor/206/01948

Resource type: Historical source

Format: 21 pages; 305x195 mm

Source: Fundación Sancho El Sabio. Familia Yrizar. Fondo: Archivo de la Casa de Yrizar. Signatura: YRIZAR, N. 1147

Language: Spanish

Date: 11/10/1749

Owner: Álvaro Chaparro Sainz (Modernalia)

Identifier: Dokuklik/644817

Copyright: © Eusko Jaurlaritza-Gobierno Vasco · Euskadiko Artxibo Historikoa * Archivo Historico de Euskadi © Fundación Sancho el Sabio

Abstract: Manifesto on the benefits produced by the establishment of the Royal Gipuzkoa Company of Caracas

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