Gastos - History Lab

Royal Decree of Charles III authorising the creation of a National Bank called the Bank of San Carlos

ad_hlab_min — Sat, 19 Feb 2022 16:32:51 +0000

The 18th century, even in a European context, saw the beginning of a period of marked economic protectionism. This period was marked by the need to impose heavy taxes on imports and to free the movement of goods within the country from these economic obstacles. In 1782, the Spanish monarchy created the Banco de San Carlos, the first national bank in Spain, to deal with this situation, although its activity did not alleviate the problems of the Treasury.

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Queen Margaret’s livery expenses (1600-1611)

ad_hlab_min — Sat, 19 Feb 2022 16:29:56 +0000

From the time of Isabella of Valois, the stables acquired an important place in the royal households, as it was the section responsible for the public representation of the monarch or queen. It became their representative vehicle, and its organisational model evolved from the chivalric and medieval court to the courtly court. In 1599 Margaret of Austria-Styria married Philip III, son of Philip II. From then on, the stables of the new queen played a prominent role within the royal household with a large and specialised department, although less so than that of her royal husband. The resource deals with the expenses of Queen Margaret’s stable between 1600 and 1611, the year of her death. With an approximate expenditure of 17,625,000 maravedies in 1601, the main items were for dresses, carriages, provisions, salaries and ordinary and extraordinary expenses. After this first year, both the budget and expenditure increased, reaching its highest point in 1607. The growth of ordinary expenditure was exponential, while that for medicines and horseshoes remained constant throughout his reign. Salaries also increased in direct proportion to the number of courtiers and servants who staffed the queen’s stables. Extraordinary expenditure was, by its very nature, the one that showed the most ups and downs, decreasing when all the others were increasing.

The post Queen Margaret’s livery expenses (1600-1611) first appeared on History Lab.

Expenditure of the provincial revenue of the city of León in 1757

ad_hlab_min — Sat, 19 Feb 2022 16:29:13 +0000

The provincial revenues, a set of independent aggregates such as the alcabalas, millones, tercias and cientos, were one of the main sources of revenue for the administration. In the case of the provincial revenues of the city of León, the income was accompanied by the corresponding expenses. In 1757 these expenses amounted to a total of 484,715 reales out of a revenue of 491,886 reales. Most of the expenditure, 71% (344,535 reales) went to the Treasury General of Revenues. The remaining 29% of expenditure was mainly divided between employees’ salaries (15.3%), loans to individuals (6.7%), and repairs (1.7%). The employees constituted a socio-professional category of their own, being the persons directly employed by the administrators of the revenues and the officials who were responsible for the management of the revenues. Also included are the intendant, with an allocation of 3,000 reales, and the four deputies elected by the parish residents, with 500 reales each. As a whole, the expenses were oriented towards the support of the supra-provincial administration, both in terms of destination and in terms of management and collection.

The post Expenditure of the provincial revenue of the city of León in 1757 first appeared on History Lab.

Expenditure of the Royal Household of Philip III in 1601

ad_hlab_min — Sat, 19 Feb 2022 16:29:13 +0000

On 13 September 1598 Philip III, son of Philip II, acceded to the throne of the Hispanic Monarchy. As an institution within the monarchy, the Royal House had an economic allocation, more or less variable due to the lack of stable sources of funding. And where there is funding there is expenditure. The resource deals with what and how much the Royal House of Philip III spent in 1601; expenditure controlled and agreed with the Cortes of Castile. The data, reflected in maravedíes, show that the main item was ordinary and extraordinary expenditure, ranging from maintaining part of the troops to promoting the Crusade. 40,500,000 maravedis were used to pay the expenses (salaries) of the chapel and guard, plus a further 24,500,000 maravedis for the expenses of the royal houses. The sum of the items shows that the greatest economic expenditure was for the payment of troops, guards, stewards and servants, leaving 36,000 ducats a year for carriages; 13,500,000 maravedis.

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