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The Galleon Trade (1565-1815).(Opinion & Editorial)
From:
Manila Bulletin
| Date:
September 14, 2007
| COPYRIGHT 2007 Manila Bulletin Publishing Corp. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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ON September 14, 1813, the Spanish Cortes decreed the end of the world-famous Galleon Trade or Manila-Acapulco Trade. Two years later, on April 23, 1815, Ferdinand VII decreed its final abolition. With these two measures, the Galleon Trade, the world's longest shipping line in history, ended. It began in 1565 and ended in 1815. Free trade took its place and the Philippines was officially opened to world trade in 1834.
Historians regard the Galleon Trade as most injurious...
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