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Finally, the authentic documents extracted from the archives of the Casa de contratacion make it evident that Vespucius was entrusted with the preparation of the vessels destined for the third voyage of Columbus at Seville and at San Lucar from the middle of August, 1497, till the departure of Columbus on the 30th of May, 1498.

The carrying out of this commercial system in all its details was entrusted to the Casa de Contratacion, or House of Trade, which was located at Seville until 1717, when it was transferred to Cadiz. The India House, as it was called, was established by warrant of Queen Joanna in 1503.

Thus, it was entitled to make its own laws, and it was specially enacted by Royal Decree that these were to be obeyed by all Spanish subjects as implicitly as any others of the nation. So far as the commercial world was concerned, the powers of the Casa de Contratacion were sheerly autocratic. The institution, in fact, held the fortunes of all the colonials in its hand.

Immediately a sort of board of trade, or bureau of discovery, was organized, with the capable Bishop Fonseca at its head. This was called the Casa de Contratacion and its headquarters were at Sevilla; for Sevilla, though fifty miles up the Guadalquivir River, is practically a seaport. Cadiz was appointed the official harbor for vessels plying between Spain and the Indies.

Linage, "Norte de la Contratacion," pp. 191-193. Hall's "Journal," Vol. I, pp. 253-254. "The Assiento; or Contract for Allowing to the Subjects of Great Britain the Liberty of Importing Negroes into the Spanish America." Printed by John Baskett, London, 1713. "The Assiento; or Contract for Allowing to the Subjects of Great Britain the Liberty of Importing Negroes into the Spanish America."

These ships, called "azogues," carried from 2000 to 2500 quintals of silver, and sometimes convoyed six or seven merchant vessels. From time to time an isolated ship was also allowed to sail from Spain to Caracas with licence from the Council of the Indies and the Contratacion, paying the king a duty of five ducats on the ton.

VERY HIGH AND VERY POWERFUL CATHOLIC LORD KING: Captain Domingo Alonso, who was commander of the three caravels that sailed as guard on the coast of Andalusia, gave a cedula to Antonio Quinones and myself at the Island of Azores, in which Your Majesty was pleased to state to us that, from the news of our fear of the French who were said to run the coast, we had remained at the island of Santa Maria until your Highness should direct what might be for the royal service, in so doing we had acted well; that to secure the gold and articles we had brought, the three caravels were sent to us under that captain; and we were enjoined to embark in them at once and come with every thing to the city of Seville, to the House of Contratacion, and the officers who by the royal command reside there, for which favor we kiss your feet and hands.

The maritime towns of Galicia and Asturia, inhabited by better seamen and stronger races, often protested, and sometimes succeeded in obtaining a small share of the lucrative trade. But Seville retained its primacy until 1717, in which year the Contratacion was transferred to Cadiz.

Here, since my arrival, besides a perpetual court of company and entertainments of the best above stairs, and ranks of soldiers, with multitudes of others below, upon my account, in this famous palace of the King, where I am lodging in his Majesty's own bedchamber, as royally furnished as when himself was in it, visits I have received in form from their Excellency the City, by their Representatives; from their Senoria the Audiencia, by their Regente; from their Senoria the Contratacion House, by their Presidente; and from his Illustrissima the Archbishop, being at present sick, by message; all which I have repaid respectively; and tomorrow, God willing, set forth towards Cordova; perceiving beforehand that my salida will be proportionable to my entrada.