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Updated: May 12, 2025
This differed from Garrevod's in that it required a payment of 20,000 ducats to the crown and restricted the price at which the slaves were to be sold in the islands to forty ducats each.
The result was that when slaves finally reached the islands under Garrevod's grant the prices demanded for them were so exorbitant that the purposes of the original petitioners were in large measure defeated. Meanwhile the king, in spite of the nominally exclusive character of the Garrevod grant, issued various other licenses on a scale ranging from ten to four hundred slaves each.
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