A royal cédula established the Real Compañía Guipuzcoana de Caracas and granted it privileged trade between Spain and Venezuela. The company later helped organize the colonial export economy, including cacao production in which enslaved labor was central. Its charter was a commercial monopoly, not a slave-emancipation measure or a specific grant to traffic in enslaved people. Reading it alongside evidence on cacao and labor shows how imperial trade policy shaped the economy that depended on coerced work.
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What did the Guipuzcoan Company receive in its 1728 charter?
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Explanation
The royal cédula granted a privileged commercial relationship between Spain and Venezuela.
The 1728 company charter gave the Guipuzcoan Company privileged trade between Spain and Venezuela.
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Explanation
The Spanish archive dates the royal charter to 25 September 1728.