Author : Dave Hollett
Release : 2008
Genre : Business & Economics
Kind : eBook
Book Rating : 316/5 ( reviews)

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Book Synopsis More Precious Than Gold by : Dave Hollett

Download or read book More Precious Than Gold written by Dave Hollett. This book was released on 2008. Available in PDF, EPUB and Kindle. Book excerpt: The sixteenth-century Conquistadors, led by Pizarro, came to Peru for three reasons--God, gold, and glory, but after the initial glory of their conquest they tended to concentrate on gold, rather than God. Direct colonial rule by Spain lasted for almost three hundred years, only ending in 1826, when the last Spanish flag was hauled down from the battlements of Real Felipe Fortress. However, just a few short years after Peru had declared its independence from Spain, the attention of some people in Lima began to focus on a potential source of untold wealth that was to prove more precious than gold. This was guano which, in its greatest concentration, was found on the diminutive Chincha Islands that lie just off the Peruvian coast, some seventy miles south of Callao. This book covers the story of this international guano trade. It outlines the fate of the unfortunates recruited to cut and load the guano. It also gives full details of the hardships endured by mariners employed in this trade. The story of those who grew rich on the proceeds of this trade is also outlined. Importantly, it explains just how the Peruvian government mismanaged the trade, to the extent that Peru became burdened with debts, rather than prospering on the proceeds of their vast new guano-based income.