Manila is founded as the eastern terminus

Assembled from 38 blocks · 1 evidence · 45 related

1. Story
2. Miguel López de Legazpi established a Spanish city at Manila on Luzon, on the site of an existing settlement, and the transpacific trade acquired its permanent Asian terminus. Flynn and Giráldez have argued that this date rather than 1492 or 1498 marks the true beginning of world trade, on the ground that it is the moment all the populated continents became linked by continuous exchange in a single commodity — silver — with a single global price forming across the whole system.
3. Knowledge
4. Silver
5. The Manila galleon (Nao de China)
6. Manila
7. Manila is founded as the eastern terminus
8. Connections
9. Manila
10. The Manila galleon (Nao de China)
11. Silver
12. Silver
13. The Manila galleon (Nao de China)
14. Manila is founded as the eastern terminus
15. The last Manila galleon sails
16. Acapulco
17. Manila
18. The Atlantic wind and current system
19. Celestial navigation (latitude sailing)
20. Ferdinand Magellan (Fernão de Magalhães)
21. Urdaneta finds the return route across the Pacific
22. Manila is founded as the eastern terminus
23. The last Manila galleon sails
24. Tea
25. The Columbian Exchange
26. Manila
27. Canton (historical) — modern Guangzhou
28. Opium
29. Qing trade confined to Canton
30. Commutation Act cuts British tea duty
31. The Opium Wars
32. Treaty of Nanking
33. Potosí
34. Silver ore is registered at the Cerro Rico of Potosí
35. Manila is founded as the eastern terminus
36. Mercury amalgamation and the mita transform Potosí
37. Evidence
38. The argument that the founding of Manila in 1571, by linking the American silver supply directly to the Chinese demand for it, marks the beginning of genuinely global trade. V55 verification basis: NOT consulted in this session. The volume and year are given from the author's knowledge; pagination is omitted. The 1571 thesis is a position in an ongoing debate about the periodisation of globalisation, not a settled fact.