wh 10-26-07 - 26 October 2007 The Mountain that eats men...

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26 October 2007 The Mountain that eats men The mines of potosi and Zacatecas Mercury and the patio process- mercury key to process, will become very expensive because of limited amount, monopoly of Spanish crown Terms: Zacatecas Potosi Amalgamation process/ patio process Repartimiento—system of rotational labor drafts—community has quota of laborers for mines( indigenous)—several months out of the year, small wages(not sought out) Mita- II. Silver is Blood: silver and the World Trade Main route—first- Seville—shipped across atlantic in annual fleets A. Routes: From the Atlantic to china a. Through Baltic—Scandinavia-russia-south to Persia- either overland to asia or to south in Indian ocean basin b. Through middle east-- c. Around the cape Trade to manila—silver, etc. Chinese economy Japan- second major supplier
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Unformatted text preview: Eurupe—interested in trading asian products—asian doesn’t want European products---silver —trade imbalance China- shift from paper money system in china (t11h cent.) to system based on silver B. Routes: pacific to china C. C. sources of asian demand 26 October 2007 D. Outcomes E. Singlewhip ta x reform--- man y taes that each person would have to pay are consolidated into one tax payable in silver only Terms: Single-Whip tax system Tokugawa Shogunate (1603-1868) Ming dynasty (1368-1644) Qing dynasty (1644-1911) Benefits--- Spanish crown- silver coming to Iberian peninsula—Spanish is taking a cute Spanish is super power of Europe in 16 th century, not of asian – first place inflatition hits—where will hit worst Social instability in 1640s contributing to change of dynasty...
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