Vietnam or Thailand ? Vote for the TOP Country of the Week !
Updated: May 26, 2025
Christopher's, which had hitherto been divided between the two nations, that he had also consented to restore the whole bay and straits of Hudson; to deliver the island of Newfoundland, with Placentia; to cede Annapolis, with the rest of Arcadia or Nova Scotia; to demolish the fortifications of Dunkirk; to leave England in possession of Gibraltar, Port-Mahon, and the whole island of Minorca; to let the trade of Spain in the West Indies be settled as it was in the reign of his late catholic majesty; she signified that she had obtained for her subjects the assiento, or contract, for furnishing the Spanish West Indies with negroes for the term of thirty years, in the same manner as it had been enjoyed by the French.
The adherents to the ministry endeavoured to evade his curiosity in this particular, by general assertions; but he insisted on his suspicion with such perseverance, that at length the ministry produced the copy of a declaration made by the king of Spain before he ratified the convention, signifying that his catholic majesty reserved to himself, in its full force, the right of being able to suspend the assiento of negroes, in case the company should not pay within a short time the sum of sixty-eight thousand pounds sterling, owing to Spain on the duty of negroes, or on the profit of the ship Caroline; that under the validity and force of this protest, the signing of the said convention might be proceeded on, and in no other manner.
The monopoly of Spanish trade in South America was partially surrendered by the treaty of Utrecht, signed in 1713, at the close of the War of the Spanish Succession. By this treaty England agreed to recognize Philip V as king of Spain and the Indies, and in turn was granted the assiento, or contract for supplying the Spanish colonies with African slaves.
The Assiento of negroes was at this time held by two Genoese named Grillo and Lomelin, and with them the English ambassadors several times entered into negotiation for the privilege of supplying blacks from the English islands. By the treaty of 1670 the English colonies in America were for the first time formally recognised by the Spanish Crown.
"That the Assiento should be granted to Britain for thirty years, with the same advantage as to France; with an extent of ground on the river of Plata, for keeping and refreshing the negroes. "That Spain should grant to the subjects of Britain as large privileges as to any other nation whatsoever; as likewise an exemption of duties, amounting to an advantage of at least fifteen per cent.
She knew all about Lady Masham's quarrel with her cousin, Lord Oxford, in 1713, over the 100,000l. in ten per cents which Lady Masham had expected to make out of the Quebec expedition and Assiento contract, had not his lordship so 'disobliged her. Anne acted as intermediary, hunting up her friend the Duke of Ormond, with whom her mother had great influence, and fetching him to meet Lady Masham at Kensington who told him how ill the Queen was, and how uneasy at nothing being done for her brother, the Chevalier.
At length a treaty was concluded on these conditions the king of Spain engaged to pay, in three months, to the South-sea company of England, one hundred thousand pounds sterling, as an indemnification for all claims upon his crown, by virtue of the assiento. In other respects, the trade and navigation of the English to the ports of Spain were regulated by former treaties.
Buys took a journey to Amsterdam, on purpose to stir up that city, where he was pensionary, against yielding the Assiento to Britain; but was unsuccessful in his negotiation; the point being yielded up there, and in most other towns in Holland.
She desired the trade of her kingdoms to the Netherlands, and to the towns of their barrier, might be upon as good a foot as it was before the war began: That the Dutch would not insist to have share in the Assiento, to which they had not the least pretensions, and that they would no longer encourage the intrigues of a faction against her government.
Buys, who usually spoke for his colleagues, was full of opposition, began to expostulate upon the advantages Britain had stipulated with France; and to insist, that his masters ought to share equally in them all, but especially the Assiento contract: so that no progress was made in fixing a previous good correspondence between Britain and the States, which Her Majesty had so earnestly recommended.
Word Of The Day
Others Looking