Spanish treasure fleet
Encyclopedia
The Spanish treasure fleets (or West Indies Fleet from Spanish Flota de Indias) was a convoy
Convoy
A convoy is a group of vehicles, typically motor vehicles or ships, traveling together for mutual support and protection. Often, a convoy is organized with armed defensive support, though it may also be used in a non-military sense, for example when driving through remote areas.-Age of Sail:Naval...

 system adopted by the Spanish Empire
Spanish Empire
The Spanish Empire comprised territories and colonies administered directly by Spain in Europe, in America, Africa, Asia and Oceania. It originated during the Age of Exploration and was therefore one of the first global empires. At the time of Habsburgs, Spain reached the peak of its world power....

 from 1566 to 1790. The convoys were general purpose cargo fleets used for transporting a wide variety of items, including agricultural goods, lumber
Lumber
Lumber or timber is wood in any of its stages from felling through readiness for use as structural material for construction, or wood pulp for paper production....

, various metal resources, luxuries, silver
Silver
Silver is a metallic chemical element with the chemical symbol Ag and atomic number 47. A soft, white, lustrous transition metal, it has the highest electrical conductivity of any element and the highest thermal conductivity of any metal...

, gold
Gold
Gold is a chemical element with the symbol Au and an atomic number of 79. Gold is a dense, soft, shiny, malleable and ductile metal. Pure gold has a bright yellow color and luster traditionally considered attractive, which it maintains without oxidizing in air or water. Chemically, gold is a...

, gem
Gemstone
A gemstone or gem is a piece of mineral, which, in cut and polished form, is used to make jewelry or other adornments...

s, pearl
Pearl
A pearl is a hard object produced within the soft tissue of a living shelled mollusk. Just like the shell of a mollusk, a pearl is made up of calcium carbonate in minute crystalline form, which has been deposited in concentric layers. The ideal pearl is perfectly round and smooth, but many other...

s, spice
Spice
A spice is a dried seed, fruit, root, bark, or vegetative substance used in nutritionally insignificant quantities as a food additive for flavor, color, or as a preservative that kills harmful bacteria or prevents their growth. It may be used to flavour a dish or to hide other flavours...

s, sugar
Sugar
Sugar is a class of edible crystalline carbohydrates, mainly sucrose, lactose, and fructose, characterized by a sweet flavor.Sucrose in its refined form primarily comes from sugar cane and sugar beet...

, tobacco
Tobacco
Tobacco is an agricultural product processed from the leaves of plants in the genus Nicotiana. It can be consumed, used as a pesticide and, in the form of nicotine tartrate, used in some medicines...

, silk
Silk
Silk is a natural protein fiber, some forms of which can be woven into textiles. The best-known type of silk is obtained from the cocoons of the larvae of the mulberry silkworm Bombyx mori reared in captivity...

, and other exotic goods from the Spanish Empire
Spanish colonization of the Americas
Colonial expansion under the Spanish Empire was initiated by the Spanish conquistadores and developed by the Monarchy of Spain through its administrators and missionaries. The motivations for colonial expansion were trade and the spread of the Christian faith through indigenous conversions...

 in the Americas
Americas
The Americas, or America , are lands in the Western hemisphere, also known as the New World. In English, the plural form the Americas is often used to refer to the landmasses of North America and South America with their associated islands and regions, while the singular form America is primarily...

 to Spain
Spain
Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...

. Manufactures such as tools and other everyday items as well as Spanish colonisers were transported in the opposite direction.

History

Spanish ships had brought goods from the New World
New World
The New World is one of the names used for the Western Hemisphere, specifically America and sometimes Oceania . The term originated in the late 15th century, when America had been recently discovered by European explorers, expanding the geographical horizon of the people of the European middle...

 since Christopher Columbus
Christopher Columbus
Christopher Columbus was an explorer, colonizer, and navigator, born in the Republic of Genoa, in northwestern Italy. Under the auspices of the Catholic Monarchs of Spain, he completed four voyages across the Atlantic Ocean that led to general European awareness of the American continents in the...

's first expedition of 1492. The government started a system of convoys in the 1560s in response to the sacking of Havana
Havana
Havana is the capital city, province, major port, and leading commercial centre of Cuba. The city proper has a population of 2.1 million inhabitants, and it spans a total of — making it the largest city in the Caribbean region, and the most populous...

 by French privateer
Privateer
A privateer is a private person or ship authorized by a government by letters of marque to attack foreign shipping during wartime. Privateering was a way of mobilizing armed ships and sailors without having to spend public money or commit naval officers...

s. The main procedures were established after the recommendations of Pedro Menéndez de Avilés
Pedro Menéndez de Avilés
Pedro Menéndez de Avilés was a Spanish admiral and explorer, best remembered for founding St. Augustine, Florida in 1565. This was the first successful Spanish foothold in La Florida and remained the most significant city in the region for several hundred years. St...

, an experienced admiral and personal adviser of King Philip II
Philip II of Spain
Philip II was King of Spain, Portugal, Naples, Sicily, and, while married to Mary I, King of England and Ireland. He was lord of the Seventeen Provinces from 1556 until 1581, holding various titles for the individual territories such as duke or count....

. The treasure fleets sailed along two sea lanes. The main one was the Caribbean
Caribbean
The Caribbean is a crescent-shaped group of islands more than 2,000 miles long separating the Gulf of Mexico and the Caribbean Sea, to the west and south, from the Atlantic Ocean, to the east and north...

 Spanish West Indies
Spanish West Indies
The Spanish West Indies was the contemporary name for the Spanish colonies in the Caribbean...

 fleet or Flota de Indias, which departed in two convoys from Seville
Seville
Seville is the artistic, historic, cultural, and financial capital of southern Spain. It is the capital of the autonomous community of Andalusia and of the province of Seville. It is situated on the plain of the River Guadalquivir, with an average elevation of above sea level...

, where the Casa de Contratación
Casa de Contratación
La Casa de Contratación was a government agency under the Spanish Empire, existing from the 16th to the 18th centuries, which attempted to control all Spanish exploration and colonization...

was based, bound for ports such as Veracruz, Portobelo and Cartagena
Cartagena, Colombia
Cartagena de Indias , is a large Caribbean beach resort city on the northern coast of Colombia in the Caribbean Coast Region and capital of Bolívar Department...

 before making a rendezvous at Havana
Havana
Havana is the capital city, province, major port, and leading commercial centre of Cuba. The city proper has a population of 2.1 million inhabitants, and it spans a total of — making it the largest city in the Caribbean region, and the most populous...

 in order to return together to Spain. A secondary route was that of the Manila Galleon
Manila Galleon
The Manila galleons or Manila-Acapulco galleons were Spanish trading ships that sailed once or twice per year across the Pacific Ocean between Manila in the Philippines, and Acapulco, New Spain . The name changed reflecting the city that the ship was sailing from...

s or Galeón de Manila which linked the Philippines
Philippines
The Philippines , officially known as the Republic of the Philippines , is a country in Southeast Asia in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan. West across the South China Sea sits Vietnam...

 to Acapulco
Acapulco
Acapulco is a city, municipality and major sea port in the state of Guerrero on the Pacific coast of Mexico, southwest from Mexico City. Acapulco is located on a deep, semi-circular bay and has been a port since the early colonial period of Mexico’s history...

 in Mexico
Mexico
The United Mexican States , commonly known as Mexico , is a federal constitutional republic in North America. It is bordered on the north by the United States; on the south and west by the Pacific Ocean; on the southeast by Guatemala, Belize, and the Caribbean Sea; and on the east by the Gulf of...

 across the Pacific Ocean
Pacific Ocean
The Pacific Ocean is the largest of the Earth's oceanic divisions. It extends from the Arctic in the north to the Southern Ocean in the south, bounded by Asia and Australia in the west, and the Americas in the east.At 165.2 million square kilometres in area, this largest division of the World...

. From Acapulco, the Asian goods were transhipped by mule train
Mule train
Mule train can refer to:*A connected line of mules*Mule Train, 1949 popular song written by Johnny Lange, Hy Heath, Doc Tommy Scott and Fred Glickman...

 to Veracruz to be loaded on to the Caribbean treasure fleet for shipment to Spain. Additionally, Admiral Álvaro de Bazán
Álvaro de Bazán, 1st Marquis of Santa Cruz
Álvaro de Bazán, 1st Marquis of Santa Cruz de Mudela , was a Spanish admiral.-Biography:Álvaro de Bazán was born in Granada....

 designed the definitive model of galleon
Galleon
A galleon was a large, multi-decked sailing ship used primarily by European states from the 16th to 18th centuries. Whether used for war or commerce, they were generally armed with the demi-culverin type of cannon.-Etymology:...

 in the 1550s.

Spain strictly controlled the trade through the Casa de Contratación based in Seville. By law, the colonies could trade only with the one designated port in the mother country, Seville. Maritime archaeology
Maritime archaeology
Maritime archaeology is a discipline within archaeology as a whole that specifically studies human interaction with the sea, lakes and rivers through the study of associated physical remains, be they vessels, shore side facilities, port-related structures, cargoes, human remains and submerged...

 has shown that the quantity of goods transported was usually much higher than that recorded at the Archivo General de Indias
Archivo General de Indias
The Archivo General de Indias , housed in Seville, Spain, in the ancient merchants' exchange, the Casa Lonja de Mercaderes, is the document repository of extremely valuable archival documents illustrating the history of the Spanish Empire in the Americas and the Philippines...

. Spanish merchants and Spaniards acting as fronts (cargadores) for foreign merchants resorted to contraband
Contraband
The word contraband, reported in English since 1529, from Medieval French contrebande "a smuggling," denotes any item which, relating to its nature, is illegal to be possessed or sold....

 to transport their cargoes untaxed. The Crown of Spain taxed the wares and precious metals of private merchants at a rate of 20%, a tax known as the quinto real
Quinto Real
The Quinto Real or the Quinto del rey, the "King's fifth", was a 20% tax established in 1504 that Spain levied on the mining of precious metals. The tax was a major source of revenue for the Spanish monarchy. In 1723 the tax was reduced to 10%....

(royal fifth).

Spain became the richest country in Europe by the end of the 16th century, but the Habsburg
Habsburg
The House of Habsburg , also found as Hapsburg, and also known as House of Austria is one of the most important royal houses of Europe and is best known for being an origin of all of the formally elected Holy Roman Emperors between 1438 and 1740, as well as rulers of the Austrian Empire and...

s used the wealth to fight wars in the 16th and 17th centuries against the Ottoman Empire
Ottoman Empire
The Ottoman EmpireIt was usually referred to as the "Ottoman Empire", the "Turkish Empire", the "Ottoman Caliphate" or more commonly "Turkey" by its contemporaries...

 and with most of the major European powers.

Supernormal inflation in the 17th century
Price revolution
Used generally to describe a series of economic events from the second half of the 15th century to the first half of the 17th, the price revolution refers most specifically to the relatively high rate of inflation that characterized the period across Western Europe, with prices on average rising...

, caused by the flow of precious metals from the American colonies gradually damaged the Spanish economy. As a consequence, following a series of non-payments of debts, Spain lost financial support from European bankers by 1690. Nonetheless, the Spanish monopsony
Monopsony
In economics, a monopsony is a market form in which only one buyer faces many sellers. It is an example of imperfect competition, similar to a monopoly, in which only one seller faces many buyers...

 over its West Indies colonies lasted for over two centuries.

The exports' economic importance also declined with the drop of production of the American precious metals mines, such as Potosí. Numbering just 17 ships in 1550, the fleets expanded to more than 50 much larger vessels by the end of the century. By the second half of the 17th century, that number had dwindled less than half of its peak, with many of its remaining ships old and in poor repair. As economic conditions gradually recovered from the last decades of the 17th century, the fleet operations slowly expanded again, once again becoming prominent during the reign of the Bourbons in the 18th century.

The Spanish trade of goods and precious metals was threatened until the mid-18th century by Spain's colonial rivals who seized islands as bases along the Spanish Main
Spanish Main
In the days of the Spanish New World Empire, the mainland of the American continent enclosing the Caribbean Sea and the Gulf of Mexico was referred to as the Spanish Main. It included present-day Florida, the east shore of the Gulf of Mexico in Texas, Mexico, Central America and the north coast of...

 and in the Spanish West Indies
Spanish West Indies
The Spanish West Indies was the contemporary name for the Spanish colonies in the Caribbean...

. The English acquired small islands like St Kitts
Saint Kitts and Nevis
The Federation of Saint Kitts and Nevis , located in the Leeward Islands, is a federal two-island nation in the West Indies. It is the smallest sovereign state in the Americas, in both area and population....

 in 1624, expelled in 1629 they returned in 1639 and seized Jamaica
Jamaica
Jamaica is an island nation of the Greater Antilles, in length, up to in width and 10,990 square kilometres in area. It is situated in the Caribbean Sea, about south of Cuba, and west of Hispaniola, the island harbouring the nation-states Haiti and the Dominican Republic...

 in 1655. French pirates established themselves in Saint-Domingue
Saint-Domingue
The labour for these plantations was provided by an estimated 790,000 African slaves . Between 1764 and 1771, the average annual importation of slaves varied between 10,000-15,000; by 1786 it was about 28,000, and from 1787 onward, the colony received more than 40,000 slaves a year...

 in 1625, were expelled only to return later and the Dutch seized Curaçao
Curaçao
Curaçao is an island in the southern Caribbean Sea, off the Venezuelan coast. The Country of Curaçao , which includes the main island plus the small, uninhabited island of Klein Curaçao , is a constituent country of the Kingdom of the Netherlands...

 in 1634. In 1739, British Admiral Edward Vernon
Edward Vernon
Edward Vernon was an English naval officer. Vernon was born in Westminster, England and went to Westminster School. He joined the Navy in 1700 and was promoted to Lieutenant in 1702 and served on several different ships for the next five years...

 raided Portobello, but in 1741 his massive campaign against Cartagena de Indias
Battle of Cartagena de Indias
The Battle of Cartagena de Indias was an amphibious military engagement between the forces of Britain under Vice-Admiral Edward Vernon and those of Spain under Admiral Blas de Lezo. It took place at the city of Cartagena de Indias in March 1741, in present-day Colombia...

 ended in defeat with heavy losses of men and ships. Temporary British seizures of Havana
Havana
Havana is the capital city, province, major port, and leading commercial centre of Cuba. The city proper has a population of 2.1 million inhabitants, and it spans a total of — making it the largest city in the Caribbean region, and the most populous...

 and Manila
Manila
Manila is the capital of the Philippines. It is one of the sixteen cities forming Metro Manila.Manila is located on the eastern shores of Manila Bay and is bordered by Navotas and Caloocan to the north, Quezon City to the northeast, San Juan and Mandaluyong to the east, Makati on the southeast,...

 (1762-4), during the Seven Years' War
Seven Years' War
The Seven Years' War was a global military war between 1756 and 1763, involving most of the great powers of the time and affecting Europe, North America, Central America, the West African coast, India, and the Philippines...

, were dealt with by using more, smaller fleets visiting a greater variety of ports.
Charles III
Charles III of Spain
Charles III was the King of Spain and the Spanish Indies from 1759 to 1788. He was the eldest son of Philip V of Spain and his second wife, the Princess Elisabeth Farnese...

 began loosening the system in 1765. In the 1780s Spain opened its colonies to free trade. In 1790, the Casa de Contratación was abolished. The last regular treasure fleet sailed that year. Thereafter small groups of naval frigates were assigned to transferring bullion as required.

Despite the general perception that many Spanish galleons were captured by English or Dutch privateers, few fleets were actually lost to enemies in the course of the flota's long career. Only Piet Hein managed to capture the fleet
Battle in the Bay of Matanzas
The Battle in the Bay of Matanzas was a naval battle during the Eighty Years' War in which a Dutch squadron was able to defeat and capture a Spanish treasure fleet....

 in 1628 and bring the whole cargo safely to the Dutch Republic
Dutch Republic
The Dutch Republic — officially known as the Republic of the Seven United Netherlands , the Republic of the United Netherlands, or the Republic of the Seven United Provinces — was a republic in Europe existing from 1581 to 1795, preceding the Batavian Republic and ultimately...

. In 1656 and 1657 Robert Blake
Robert Blake (admiral)
Robert Blake was one of the most important military commanders of the Commonwealth of England and one of the most famous English admirals of the 17th century. Blake is recognised as the chief founder of England's naval supremacy, a dominance subsequently inherited by the British Royal Navy into...

 destroyed the fleet
Battle of Cádiz (1656)
The Battle of Cádiz was an operation in the Anglo–Spanish War in which an English fleet destroyed and captured a Spanish treasure fleet off Cádiz....

, but the Spaniards saved most of the silver on board and the English admiral only managed to capture a galleon. The 1702 treasure fleet was destroyed in the Battle of Vigo Bay
Battle of Vigo Bay
The Battle of Vigo Bay, also known as the Battle of Rande , was a naval engagement fought on 23 October 1702 during the opening years of the War of the Spanish Succession. The engagement followed an Anglo-Dutch attempt to capture the Spanish port of Cádiz in September in an effort to secure a naval...

 during the War of the Spanish Succession
War of the Spanish Succession
The War of the Spanish Succession was fought among several European powers, including a divided Spain, over the possible unification of the Kingdoms of Spain and France under one Bourbon monarch. As France and Spain were among the most powerful states of Europe, such a unification would have...

, when surprised at port, but the Spanish sailors had already unloaded most of its cargo. None of these attacks took place in open seas. In the case of the Manila galleons, only four were ever captured by British warships: The Santa Anna by Thomas Cavendish
Thomas Cavendish
Sir Thomas Cavendish was an English explorer and a privateer known as "The Navigator" because he was the first who deliberately tried to emulate Sir Francis Drake and raid the Spanish towns and ships in the Pacific and return by circumnavigating the globe...

 in 1589, the Encarnación in 1710, the Covadonga by George Anson
George Anson, 1st Baron Anson
Admiral of the Fleet George Anson, 1st Baron Anson PC, FRS, RN was a British admiral and a wealthy aristocrat, noted for his circumnavigation of the globe and his role overseeing the Royal Navy during the Seven Years' War...

 in 1743, and the Santísima Trinidad in 1762. Two other British attempts were foiled by the Rosario in 1704 and the Begonia in 1710. These losses and those due to hurricanes were important economic blows to trade when they occurred. The treasure fleets, however, must be counted as among the most successful naval operations in history. Moreover, from a commercial point of view, some key components of today's world economic system were made possible by the success of the Spanish treasure fleets.

Wreck
Wreck
Wreck may refer to:* Wreck, a ceremony of initiation into the 40 et 8 club* Wreck , an American indie rock band* A collision of an automobile, aircraft or other vehicle* Shipwreck, the remains of a ship after a crisis at sea...

s of Spanish treasure ships, whether sunk in naval combat
Naval tactics in the Age of Sail
Naval tactics in the Age of Sail were used from the early 17th century onward when sailing ships replaced oared galleys. These were used until the 1860s when steam-powered ironclad warships rendered sailing line of battle ships obsolete.-Early history:...

 or by storms (those of 1622, 1715 (1715 Treasure Fleet) and 1733 being among the worst), are a prime target for modern treasure hunters
Treasure hunting
Treasure hunting is the physical search for treasure which has been a notable human activity for millennia. -In modern times:In recent times, the early stages of the development of archaeology included a significant aspect of treasure hunt; Heinrich Schliemann's excavations at Troy, and later at...

. Many, such as the Nuestra Señora de Atocha
Nuestra Señora de Atocha
Nuestra Señora de Atocha was the most famous of a fleet of Spanish ships that sank in 1622 off the Florida Keys while carrying copper, silver, gold, tobacco, gems, jewels, jewelry and indigo from Spanish ports at Cartagena, Colombia, Porto Bello in New Granada and Havana bound for Spain...

, have been salvaged
Marine salvage
Marine salvage is the process of rescuing a ship, its cargo, or other property from peril. Salvage encompasses rescue towing, refloating a sunken or grounded vessel, or patching or repairing a ship...

.

See also

  • Nuestra Señora de Atocha
    Nuestra Señora de Atocha
    Nuestra Señora de Atocha was the most famous of a fleet of Spanish ships that sank in 1622 off the Florida Keys while carrying copper, silver, gold, tobacco, gems, jewels, jewelry and indigo from Spanish ports at Cartagena, Colombia, Porto Bello in New Granada and Havana bound for Spain...

    , a famous galleon wrecked in 1622 and found off Florida in 1985
  • 1715 Treasure Fleet, which sank off Cuba/Florida and was partly salvaged in the 1960s
  • Álvaro de Bazán
  • The Asiento
    Asiento
    The Asiento in the history of slavery refers to the permission given by the Spanish government to other countries to sell people as slaves to the Spanish colonies, between the years 1543 and 1834...

    , a monopoly on the trade of African slaves to Spanish America, held by the English after the War of the Spanish Succession
    War of the Spanish Succession
    The War of the Spanish Succession was fought among several European powers, including a divided Spain, over the possible unification of the Kingdoms of Spain and France under one Bourbon monarch. As France and Spain were among the most powerful states of Europe, such a unification would have...

  • Piracy in the Caribbean
    Piracy in the Caribbean
    ] The era of piracy in the Caribbean began in the 16th century and died out in the 1830s after the navies of the nations of Western Europe and North America with colonies in the Caribbean began combating pirates. The period during which pirates were most successful was from the 1690s until the 1720s...

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