Catalytic protection racket

2018 ◽  
Vol 21 (6) ◽  
pp. 586-587
Author(s):  
David Bradley
Keyword(s):  
2021 ◽  
pp. 222-234
Author(s):  
James F. Hancock

Abstract Albuquerque's victory in Malacca gave Portugal a major foothold in the Far Eastern pepper trade, but the Portuguese were never able to fully dominate it. The chapter summarizes the struggles of Portugal's building of its empire. It also discusses the cartaz system, where the Portuguese claimed suzerainty over the Indian Ocean and no one else was allowed to sail unless they purchased a safe conduct pass. The cartaz obliged Asian ships to call at a Portuguese-controlled port and pay customs duties before proceeding on their voyage. Ships without this document were considered fair game and their goods could be confiscated. It was, pure and simple, a protection racket. The cartaz system, plus customs duties and outright piracy, provided most of the funds defraying the costs of the Portuguese navy and its garrisons. The chapter also outlines the importance of Indian cotton in the Spice Trade and the routes of spices into Europe. Further, the chapter provides highlights of the Portuguese profits on spices. Portuguese imports of pepper held strong over most the sixteenth century. The total weight of the spice cargoes averaged 40,000 to 50,000 quintals (1 quintal = 130 pounds or 59 kilograms) annually in the first half of the century and 60,000 to 70,000 quintals later on. Records have been left of one cargo in 1518 that totalled almost 5 million pounds (2.27 million kilograms), of which 4.7 million pounds (2.13 million kilograms) was pepper, 12,000 pounds (5443 kilograms) cloves, 3000 pounds (1360 kilograms) cinnamon and 2000 pounds (907 kilograms) mace (Krondl, 2007). Most of the pepper and other spices were purchased in Malabar on the open market. Portuguese profits on the pepper trade could run as high as 500%. Lastly, the chapter briefly discusses how other European countries looked for alternative routes to the spices.


1991 ◽  
Vol 8 (10/11) ◽  
pp. 10
Author(s):  
Susan Jeffords
Keyword(s):  

Nature ◽  
2006 ◽  
Vol 439 (7078) ◽  
pp. 802-802
Author(s):  
Helen Dell
Keyword(s):  

2011 ◽  
Vol 13 (2) ◽  
pp. 163-182 ◽  
Author(s):  
Laura Sjoberg ◽  
Jessica Peet
Keyword(s):  

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