Asiento de Negros

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Cover of the English translation of the Asiento contract signed by Britain and Spain in 1713 as part of the Utrecht treaty that ended the War of Spanish Succession. The contract granted exclusive rights to Britain to sell slaves in the Spanish Indies.

The Asiento de Negros (lit.'agreement of blacks') was a monopoly

British Caribbean
but Spanish America.

The 1479

merchant banks
that cooperated with local or foreign traders, that specialized in shipping. Different organisations and individuals would bid for the right to hold the asiento.

The original impetus to import enslaved Africans was to relieve the indigenous inhabitants of the colonies from the labour demands of Spanish colonists.

Amerindians had been halted by the influence of Dominicans such as Bartolomé de las Casas. Spain gave individual asientos to Portuguese merchants to bring African slaves to South America.[4]

After the

Treaty of Utrecht, which ended the War of the Spanish Succession.[1] The British government passed its rights to the South Sea Company.[5] The British asiento ended with the 1750 Treaty of Madrid between Great Britain and Spain after the War of Jenkins' Ear
, known appropriately by the Spanish as the Guerra del Asiento ("War of the Asiento").

Asientos

An asiento, in the

Cadiz.[10] In particular, the asiento would result in great impact for the economy of Spanish American colonies, because the treaty secured or would secure fixed revenues for the crown and the supply of the region with certain commodities, whereas the contracting party bore the risk of the trade.[11] A new asiento was the safest means to get their money back and cash their arrears.[12]

History of the Asiento

The island of Cádiz by Blaeu in 1662.
San Juan de Ulúa, Spanish fort in Veracruz, Mexico (2008)

Background in the Spanish Americas

The general meaning of asiento (from the Spanish verb sentar, to sit, which was derived from the Latin sedere) in Spanish is "consent" or "settlement, establishment". In a commercial context, it means "contract, trading agreement". In the words of Georges Scelle, it was "a term in Spanish public law which designates every contract made for the purpose of public utility...between the Spanish government and private individuals."[13]

The Asiento system was established following Spanish settlement in the Caribbean when the indigenous population was undergoing demographic collapse and the Spanish needed another source of labour. Initially, a few Christian Africans born in Iberia were transported to the Caribbean. But as the indigenous demographic collapse was ongoing and opponents of the Spanish exploitation of indigenous labour grew, including that of

conversos, Muslims, and foreigners. African slaves were considered merchandise, and their imports were regulated by the crown.[16] The Spanish crown collected a duty on each "pieza", and not on each individual slave delivered.[17] Spain had neither direct access to the African sources of slaves nor the ability to transport them, so the asiento system was a way to ensure a legal supply of Africans to the New World, which brought revenue to the Spanish crown.[18]

Portuguese monopoly

For the Spanish crown, the asiento was a source of profit. Haring says, "The asiento remained the settled policy of the Spanish government for controlling and profiting from the slave trade."[5] In Habsburg Spain, asientos were a basic method of financing state expenditures: "Borrowing took two forms – long-term debt in the form of perpetual bonds (juros), and short-term loan contracts provided by bankers (asientos). Many asientos were eventually converted or refinanced through juros."[19]

Initially, since Portugal had unimpeded rights in West Africa via its 1494

Mandé
invasions.

San Felipe, Spanish fort in Cartagena (Colombia).

Following the establishment of the Portuguese colony of Angola in 1575, and the gradual replacement of São Tomé by Brazil as the primary producer of sugar, Angolan interests came to dominate the trade, and it was Portuguese financiers and merchants who obtained the larger-scale, comprehensive asiento that was established in 1595 during the period of the Iberian Union. The asiento was extended to the importation of African slaves to Brazil, with those holding asientos for the Brazilian slave trade often also trading slaves in Spanish America. Spanish America was a major market for African slaves, including many of whom exceeded the quota of the asiento license and were illegally sold. From the period between 1595 and 1622, approximately half of all imported slaves were destined for Mexico.[20] Most smuggled slaves were not brought by freelance traders.[21]

Angolan dominance of the trade was pronounced after 1615 when the

Vera Cruz and Cartagena show that as many as 85% of the slaves arriving in Spanish ports were from Angola, brought by Portuguese ships. In 1637 the Dutch West India Company employed Portuguese merchants in the trade.[22] The earlier asiento period came to an end in 1640 when Portugal revolted
against Spain, though even then the Portuguese continued to supply Spanish colonies.

Dutch, French and British competition

.

In 1647, the Dutch reached a provisional peace agreement with Spain, recognizing the status quo in the East and West Indies, as well as the patents of the Dutch East India and the West India Company.

Kings of France and so the asiento was granted in 1702 to the French Guinea Company
, for the importation of 48,000 African slaves over a decade. The Africans were transported to the French Caribbean colonies of Martinique and Saint Domingue.

As part of their strategy of maintaining a

reforms. The Spanish Crown bought out the South Sea Company's right to the asiento that year. The Spanish Crown sought another way to supply African slaves, attempting to liberalize its traffic, trying to shift to a system of the free trade in slaves by Spaniards and foreigners in particular colonial locations. These were Cuba, Santo Domingo, Puerto Rico, and Caracas, all of which used African slaves in large numbers.[28]

Holders of the Asiento

Early: 1518–1595

Portuguese: 1595–1640

Six Asientos were granted to:

Jan Valckenburgh

In 1640 the Iberian Union fell apart; the Portuguese Restoration War began. Between 1640 and 1651 there was no asiento.[39] ) Slave arrivals to the Spanish Americas declined precipitously.[40] On 12 July 1641 Portugal and the Dutch Republic signed a 'Treaty of Offensive and Defensive Alliance', otherwise known as the Treaty of The Hague. Dutch ships were allowed in any Portuguese port for ten years. Dutch merchant Jan Valckenburgh saw an opportunity but was expelled from Loango-Angola in 1648. Dutch private entrepreneurs were responsible for almost half of the total investment in slave trade against a smaller share held by the WIC.[41]

The

Company of Royal Adventurers Trading to Africa founded in 1660. Both of these slaving powers had a strong presence on the Gold Coast and the Bight of Benin; many slaves came from Cross River (Nigeria), Calabar in the Bight of Biafra and West Central Africa. The Dutch and Portuguese signed a new Treaty of The Hague (1661). Matthias Beck, who had left Dutch Brazil in 1654, was appointed by the WIC as governor of Curaçao, that, from 1662 to 1728 and intermittently thereafter, functioned as an entrepôt through which captives on Dutch transatlantic ships reached Spanish colonies. A second branch of the intra-American slave traffic originated in Barbados and the Colony of Jamaica.[43]

Genoese: 1662–1671

In 1658 Ambrogio Lomellini and Domingo Grillo were appointed as Treasurers of the Holy Crusade, waging war against "infidels". This fact allowed them to have access to a part of the treasures that came from America.[44] (From the late 1640s Grillo and his business partner Lomellini lived in Madrid.[45]) In 1662 and 1666 Spain (or the royal finances) were bankrupt.[46] Slave-contracts of the WIC with Grillo and Lomellini of Madrid, 1662 and 1667,[47][48] who were permitted to sub-contract to any nation friendly to Spain.

Dutch & Portuguese: 1671–1701

From 1657 to 1679 Sophia Trip managed the Coymans company, which financed and organized the slave trade. Portrait by Bartholomeus van der Helst (1645).
The Dutch merchant in Cadiz Joshua van Belle, involved with his brother Pedro van Belle in the slave trade, painting by Murillo in 1670, National Gallery of Ireland, Dublin.

In 1661 the Dutch and the Portuguese signed a

free port, giving it a key position in the international networks, especially the slave trade.[66]

French: 1701–1713

Jean-Baptiste du Casse, 1700

British: 1713–1750

After the introduction of the Trade with Africa Act 1697 the Royal African Company lost its monopoly and in 1708 it was insolvent.[102]

  • 1 May 1713 – May 1743: South Sea Company received the Asiento for thirty years,[103][104][105] The English contractor was required to advance 200,000 pesos (£45,000) to Philip for their share in the trade, to be paid in two equal installments, the first two months after the contract was signed, the second two months after the first. In addition, the company was allowed to send one ship of 500 tons annually to Portobello to engage in normal trade to avoid contraband.

The 1713

Vera Cruz. An extra-legal clause was added; one ship of no more than 500 tons could be sent to one of these places each year (the Navío de Permiso) with general trade goods. (Two ships were in addition to the annual ships, but were not part of the asiento contract.) One-quarter of the profits were to be reserved for the King of Spain. The Asiento was granted in the name of Queen Anne and then contracted to the company.[106]

It was provided that the same reporting procedure might take place at subsequent five-year intervals. At the end of the contract the Assentistas were permitted three years to remove their effects from the Indies, adjust their accounts and ‘‘make up a balance of the whole”.[107]

By July the South Sea Company had arranged contracts with the Royal African Company to supply the necessary African slaves to Jamaica. Ten pounds was paid for a slave aged over 16, £8 for one under 16 but over 10. Two-thirds were to be male, and 90% adult. The company trans-shipped 1,230 slaves from Jamaica to America in the first year, plus any that might have been added (against standing instructions) by the ship's captains on their own behalf. On arrival of the first cargoes, the local authorities refused to accept the asiento, which had still not been officially confirmed there by the Spanish authorities. The slaves were eventually sold at a loss in the West Indies.[108]

In 1714 the government announced that a quarter of profits would be reserved for

ducats or Spanish escudos? to finance the operations.[111] Anne had secretly negotiated with France to get its approval regarding the asiento.[112] She boasted to Parliament of her success in taking the asiento away from France and London celebrated her economic coup.[113]

According to Nelson (1945, p. 55) the SSC’s smuggling ‘‘threatened to destroy the entire commercial framework of the Spanish Empire”. Contraband trade became a constant concern of the Spanish who invested heavily in naval protection. While this effectively diminished the profitability of the Asiento, the Spanish enhanced monitoring activity succeeded in detecting an increasing amount of smuggling (Bernal, 2001).[105]

Dutch merchant with a Slave. Rijksmuseum Amsterdam

In 1714 2,680 slaves were carried, and for 1716–17, 13,000 more, but the trade continued to be unprofitable. As the French previously discovered, high costs meant the real profits from the slave trade asiento were in smuggling contraband goods, which evaded import duties and deprived the authorities of much-needed revenue. An import duty of 33 pieces of eight was charged on each slave (although for this purpose two children were counted as one adult slave). In 1718 a declaration of war between England and Spain halted operations under the Asiento until 1721. The company's assets in South America were seized, at a cost claimed by the company to be £300,000. Any prospect of profit from trade, for which the company had purchased ships and had been planning its next ventures, disappeared.[114] Similar conflicts interrupted the contract from 1727 to 1729 and 1739 to 1748. Increasing knowledge of illicit trading by the SSC resulted in the Spanish tightening on-site monitoring in the Americas during the 1730s.[115] The Spanish then proceeded to seek recompense for clandestine trade carried on by the SSC and others under the veil of the supply of Negroes and the annual ship. Thus a key feature of the depredations crisis was the ongoing failure by the SSC to account and report transparently.[116] Spain having raised objections to the asiento clauses, the Treaty of Aix-la-Chapelle was supplemented by the Treaty of Madrid (5 October 1750). The matter of the asiento was not even mentioned in the treaty, as it had lessened in importance to both nations, although both parties had agreed to resolve outstanding concerns at a "proper time and place".[117] The issue was finally settled in 1750 when Britain agreed to renounce its claim to the asiento in exchange for a payment of £100,000 and British trade with Spanish America under favourable conditions.[118] In 1752 the African Company of Merchants was founded.

It has been estimated that the company transported over 34,000 slaves with deaths comparable to its competitors, which was taken as competence in this area of work at the time.

privately owned enterprises; the Dutch West India Company began to outsource the slave trade since 1730s? In 1740 a Havana company paid Spain for the Asiento to import slaves to Cuba.[120]

Spanish: 1765–1779

The asiento was given to a group of Basques from 1765 to 1779.

The Spanish Amaro Pargo, who was one of the most famous privateers of the Golden Age of Piracy, participated in the African slave trade in Hispanic America

Spain's connection to the slave trade with Africa was minor, smaller than that of the Portuguese, the English, the French and Dutch, estimated at only 185 voyages and 276,885 slaves who embarked from 1500 to 1800. This compares to almost 25,000 voyages and over 7,331,831 slaves who disembarked in total by those nations from 1500 to 1800.[128] Of the total number of slaves, nearly half went to the Caribbean islands and the Guianas, almost 40 per cent to Brazil, and some 6 per cent to mainland Spanish America. Most of them arrived between 1601 and 1625, but the number dropped to its lowest between 1676 and 1700.[128] Surprisingly enough, under 5 per cent of the slaves went to North America. These figures may change as authors of "Atlantic History and the Slave Trade to Spanish America" suggest half of them went to Brazil and a quarter to the Caribbean.[129]

The Spanish privateer and merchant Amaro Pargo (1678-1747) managed to transport slaves to the Caribbean, although, it is estimated, to a lesser extent than other captains and figures of the time dedicated to this activity.[130] In 1710, the privateer was involved in a complaint by the priest Alonso García Ximénez, who accused him of freeing an African slave named Sebastián, who was transported to Venezuela on one of Amaro's ships. The aforementioned Alonso García granted a power of attorney on July 18, 1715 to Teodoro Garcés de Salazar so that he could demand his return in Caracas. Despite this fact, Amaro Pargo himself also owned slaves in his domestic service.[130]

See also

Notes

  1. ^ Similar patents in the British system were the Virginia Company, the Levant Company and the Merchant Adventurers' patent of trade with the United Provinces (essentially concurrent with the modern-day Netherlands). An overview of the British system from a Marxist perspective is given by Robert Brenner, on the editorial board of the New Left Review, in "Merchants and Revolution".
  2. ^ Reinel introduced 25,000 slaves to Brazil in the following six years. This agreement introduced well-defined characteristics in this type of contract. According to its clauses, Reynel was obliged to introduce 4,250 African slaves annually into the Indies; he could grant "licences" to anyone who wanted them and he would be in charge of completing the required total if necessary.

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