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Hayes, Carlton J. H., 1882-1964

"A Political and Social History of Modern Europe V.1."

" After the Turkish conquest of Egypt in 1517 the
bulk of commerce was carried on by way of the Cape of Good Hope, for it
was cheaper to transport goods by sea than to pay taxes to the Turks in
addition to caravan cartage. Lisbon rapidly gained prominence as a
market for Eastern wares.
The Portuguese triumph was short-lived. Dominion over half the world--
for Portugal claimed all Africa, southern Asia, and Brazil as hers by
right of discovery--had been acquired by the wise policy of the
Portuguese royal house, but Portugal had neither products of her own to
ship to Asia, nor the might to defend her exclusive right to the
carrying trade with the Indies. The annexation of Portugal to Spain
(1580) by Philip II precipitated disaster. The port of Lisbon was
closed to the French, English, and Dutch, with whom Philip was at war,
and much of the colonial empire of Portugal was conquered speedily by
the Dutch.
[Sidenote: Spain]
On the first voyage of Columbus Spain based her claim to share the
world with Portugal.


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