Finanzas - History Lab

File of Juan Javier de Goyeneche Indaburu Balanza e Iturburua

ad_hlab_min — Sat, 19 Feb 2022 16:32:58 +0000

File of Juan Javier de Goyeneche Indaburu Balanza e Iturburua to enter as a student at the Royal Seminary of Nobles in Madrid. He was the son of Francisco Miguel Goyeneche y Balanza, (Madrid, 1705 – 1762); I Count of Saceda and II Marquis of Belzunce, who was Treasurer of the Queen and businessman. At the same time, Juan Javier was the grandson of Juan de Goyeneche y Gastón, businessman and treasurer to the Queen, forming part of one of the most important families of Crown financiers of the 18th century.

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View of Seville from the west bank of the river

ad_hlab_min — Sat, 19 Feb 2022 16:30:33 +0000

After the conquest of Granada (1492), Andalusia was fully incorporated into the Habsburg monarchy, and the population increased throughout the 16th century. This increase in population was particularly significant in the city of Seville, which in the 16th century had more than 100,000 inhabitants thanks to the economic development brought about by trade with America. In fact, the port of Seville exercised a monopoly on American trade by establishing the Casa de Contratación (1503) in the city. As a result, it became one of the most important European cities, as it was the gateway for goods from the New World that would later be traded, via various routes, throughout Europe. The increase in Seville’s mercantile and financial activity attracted many Castilians and foreigners who flocked to the city, some to settle there and enjoy its riches, others to embark for the New World in search of new opportunities.

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The money changer and his wife

ad_hlab_min — Sat, 19 Feb 2022 16:30:26 +0000

In the new bourgeois societies, women were a fundamental support for their husbands in the task of collecting and accumulating money. They took part in the accounting of their husbands’ businesses and, in many cases, were in demand as accountants by merchant houses, accustomed as they were to the control of account books. Bourgeois women, without forgetting their role as mothers and wives, developed an economic-administrative activity acting on behalf of their husbands, but also when they were widowed or took over the inheritance of a prematurely deceased father. They handled rents and lent money in a historical phase in which money was an instrument for the accumulation of wealth.

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