Consulado de mercaderes

In the mid-16th century, all American trade from Spain was mandated to go through the city of Seville, and later, the nearby port of Cádiz. The Casa de Contratación, ("House of Trade"), registered ships and passengers bound for Spain's overseas territories, kept sea charts, collected taxes, and in general controlled the Indies trade. In order to survive and maintain an effective business, the Casa de Contratación worked in conjunction with the merchant guild (Consulado), which in turn controlled goods shipped to America and was paid vast amounts of silver in return for its cooperation. == Effects of the ''Consulado's'' control ==

Since it controlled most of the trade in the Spanish colonies, and since the Consulado was linked to the branches in Mexico City and Lima (and in the 18th century, other ports as well), it was able to maintain its monopoly of Spanish trade and keep prices high in all the colonies, and even played a hand in royal politics. The Consulado effectively manipulated the government and the citizenry of both Spain and the Indies colonies, and grew richer and more powerful every day because of it. == Statistics ==

• In 1520, twenty-three years before the Merchant Guild was founded in 1543, the total silver export of Spanish America was valued at around 500,000 pesos, with the royal family getting 400,000 pesos of the silver profit. • In 1550, the total silver export was valued at around 1,000,000 pesos, with the royal family receiving 500,000 pesos of profit, while the rest went to the Consulado and the Casa de Contratación. • In 1596, the peak year of silver production in Spanish America, the total silver export was valued at around 7,000,000 pesos, of which the royal family gained only 1,550,000, the rest going to the Casa de Contratación and the Consulado. ==See also==