Treasasury

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Title: Treasasury

Essay Details:

Subject: Science

Author:

Date: March 20, 2015

Level: University

Grade: A

Length: 6 / 1753

Essay text:

An overseer of barter and trade (veedor de rescates y contrataciones) saw to commercial contacts with the natives and in case of war claimed the king's share of booty. An accountant (contador) recorded income and outgo and was the guardian and interpreter of royal instructions. A treasurer (tesorero) was entrusted with monies and made payments in the king's name. If the expedition resulted in a permanent settlement these officials continued their duties there, protecting the interests of the crown in a new colony. There was a strongly commercial side to these earliest treasuries, supervised after 1503 by the House of Trade (Casa de Contratacion) in Seville...

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