What was Spain’s colonial policy?

SPANISH COLONIAL PoLICY.

I. THE GENERAL POLITICO-ECONOMIC POLICY OF SPAIN.

Spain, like other European nations emerging from

the mediaeval period had no distinctive economic policy,

except as it was incident to and dependent upon a defi-

nite political policy. The latter was dependent in turn

upon the processes of national development the Erst

step of which was integratioll followed by expansion and

aggrandizement. In seeking to build up national life

at home and defend national existence abroad, certain

econonlic principles were involved in the financial

operations of the Spanish nation. To no greater extent

than this could Spain claim an economic policy and so

impressed were her rulers and her people with the

methods of national aggrandizement prevailing then

that the national policy of the sixteellth century has

never been entirely relinquished.

The integratiotl whicll took place ill Spain which re-

sulted in makitlg a strollg centralized government be-

gan with the union of the parts of tlle territory; it was

followed immediately by the long struggle of the crown

against the nobility, then by the struggle of the towns

for rights and privileges and finally by the struggle

against the provinces in lJehalf of the unity of the

nation. Spain came out of tllis struggle fully amalga-

mated. a strong imperial governnlellt capable of exercis-

ing arbitrary power. Tlle internal struggle to establish

unity with a national life and character was supplemented

by an exterlzal struggle for national existence, in de-

fense against encroacllments of other 1lations. This in-

volved new financial conditions and tlew financial operations.

Explanation:

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