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Madrid and the Spanish Economy
David R. Ringrose

Chapter 13
Conclusion: Spain and the Heritage of Madrid
 

[311] Pre-industrial city life represents an economic, social, and cultural milieu different from that of the surrounding countryside and one which seems superficially familiar to investigators from an industrial and urban world. As a result, the city is often viewed as the source of change and modernity and searched for social forces, attitudes, and patterns of behavior that prefigure a modern society and economy. While this approach often identifies the beginnings of modernity, it frequently fails to explain those beginnings or why some cities are slow to produce signs of impending modernization. This is because the pre-industrial city exists not only as part of a larger system of economic and social activity, but is dependent upon the non-urban parts of that system to a degree that is hard for modern individuals to appreciate.

Many modern cities dominate the systems within which they are imbedded; but in an era when over 80% of the people and two-thirds of the gross national product were rural, the autonomy of the city was far less real. The countryside was not devoted to the needs of the city; the city existed to provide goods and services useful to the economically productive countryside. This does not mean that the city did not have a dynamic of its own, nor that it did not affect the rural world around it. It simply means that what took place within the city cannot be understood unless we also understand the complex interconnections between urban and rural components in a basically agricultural civilization.

This study has relied heavily on the concept that urban centers perform a number of economic and social functions for society, and that those functions vary in the distance across which they can be provided effectively. Thus a region such as Castile is serviced by a network of urban centers. Although a few of these centers are quite large, and provide many services, most of them are small and provide only local, short-range services.

[312] Cast in these terms, the heritage of Madrid was a radical reorientation of the functions that cities performed for Spanish society. This in turn reshaped the urban system of Spain's interior in a manner which sacrificed a large part of the limited developmental potential of the Castilian economy to the maintenance of a political and social system that subsequently had great difficulty adapting to modern conditions.
 
I. Sixteenth and Seventeenth Centuries: The Hapsburg Empire
 
The active urban life of sixteenth-century Castile included a range of craft industries, local and regional markets, a relatively dense population, and long-distance trade. Later in the century, as agricultural output stagnated, food shortages and American bullion pushed up Spanish prices and labor costs, allowing foreign products to capture Spain's overseas markets and penetrate her domestic ones. At the same time, rising taxes in a static rural economy weakened domestic demand and regional exchanges. A fragile regional economy beset by disease and soil exhaustion was being stretched beyond its limits. (1)

Meanwhile, the Hapsburg state was attempting to govern a vast military and political system, and in the process developing an alliance with the landed nobility. This group of wealthy families maintained a tradition of military effectiveness and a powerful social and economic position in rural Spain. They were quite pragmatic about their sources of wealth, investing in commerce, commercial fishing, and colonization and often combining Spanish military prowess with Italian investment capital. (2) As the Hapsburg state evolved and the agricultural economy stagnated in the late sixteenth century, if noble investments shifted toward government annuities and offices, urban  real estate, and the jurisdictional authority of the Crown. 

This alliance of politics and landed class took concrete form in the development of Madrid as a permanent administrative center. Philip II named  Madrid as capital in 1561, and gradually the lawyers, clerks, officials, and nobility congregated there. Madrid's development was relatively slow under Philip II, and in forty years the city expanded from about 35,000 to 65,000 inhabitants. Madrid was primarily a political center; industry, commerce, [313] and the economic and social life of the elite continued to center around Toledo and Sevilla. (3) As late as the 1590's, the Castilian urban system had an urban hierarchy that provided complex local, regional, and long-distance markets as well as political and social integration. But Madrid had become a second primary center alongside Toledo, and many lower-order centers were suffering because of subsistence problems and changing long-distance markets. Nevertheless, the sixteenth-century system continued to function.

The next half-century, however, saw a complete reorganization of the urban network and with it a restructuring of Castilian economic life that reduced interregional exchanges and heightened dependence on subsistance agriculture throughout the interior. With the accession of Philip III, the Court became an extravagant and lively place where favors, offices, patronage, and pensions flowed freely. The movement of noble families to the capital accelerated; and after the brief sojourn in Valladolid, "the Court" and Madrid became synonymous. The population of the capital exploded from 65,000 to 175,000 between 1606 and 1630, giving impetus to a building boom.

This rapid growth posed severe supply problems for the Crown, and the solutions had serious implications for Castile. (4) Urban needs were confronted by a densely populated and inelastic agricultural hinterland in a precarious equilibrium. Each poor harvest was harder for supply officials to overcome than the last, forcing constant expansion of the area that Madrid sought to control. The embargo of more and more supply zones absorbed the sources of supply for Toledo, the principal urban center of the interior until 1608. This redirection of supplies away from Toledo created shortages and high food prices, aggravating Toledo's marketing problems by forcing up industrial wages. The array of controls included ceiling prices on grain as it left the farms, embargoes on grain shipments to destinations other than Madrid, adjustment of bread prices to draw it to Madrid, and bread delivery schedules imposed on towns up to 40 miles away. The effectiveness of price control (the notorious tasa) has long been questioned, but it apparently was taken seriously through the critical first third of the seventeenth century. (5) The effect was to preclude the small producer from benefiting from high wheat prices in bad years, when he had to buy rather than sell, while good harvests meant low prices and a modest return for his surplus. Meanwhile, those able to store surpluses in good years could wait and sell in short years on favorable [314] terms. This undermined the small farmer and encouraged consolidation of landownership. (6)

Moreover, as wheat became expensive, urban buying power shifted and per-capita use of wine declined. Consequently, while five-year average wheat prices rose 90% from 1590 to 1610, wine prices fell 25%. As a result, the wine-producing districts of New Castile declined rapidly after 1590. (7) Between 1600 and 1630, therefore, the rise of Madrid turned the normal variations in harvest yield into a spiral of recurrent food shortages and high prices, rural distress and dislocation, and migration to the capital. Each new crisis required stronger efforts to supply the city, further exacerbating the developing rural crisis. This was paralleled by the final collapse of the urban hierarchy between 1610 and 1630, leaving Madrid as the only significant market for agricultural surpluses in Old and New Castile.

As an economic center, Madrid was qualitatively different from Toledo and displaced its function as moderator of a complex exchange network. Madrid exported political services (government) in return for taxes and revenue. This attracted resources from the empire beyond the immediate hinterland. Madrid also functioned as a nexus providing the wealthy elite with social integration and access to the wealth of the state. To enjoy this amenity, such families moved to the city, bringing with them the rents from their estates. This produced a consumption-oriented market and extreme inequalities in the distribution of income that prompted the state to subsidize urban supply for the sake of public order. This provided an income for those who controlled disposable commodities in the countryside, lubricating the flow of taxes and rents back to the capital. Much of the money never left the city, being paid by urban officials and contractors to rentiers living in the city in return for the sale of landed income received as agricultural products and brought to the city.

At the same time, Madrid's narrow market locked urban crafts into quality-oriented production that further separated the city from the hinterland, which could afford few luxuries. The city increasingly attracted long-distance trade from the seaports; and as income became more concentrated, the preferences of the elite became more cosmopolitan and the city purchased an increasingly narrow range of goods from its own hinterland. Thus the city provided a kind of cash economy for the landed elites, while encouraging a more rudimentary and self-sufficient rural economy. (8) This change in the [315] nature as well as the location of urban demand helped to undermine rural economies that had specialized under demographic pressure in the sixteenth century, only to lose their markets in the seventeenth.

In one short generation, Madrid had acquired a near monopoly on the provision of higher-order political and social services for the Spanish elite. In the process, the capital coopted the resources that might have allowed other cities to provide the exchange functions needed to integrate the rural economy. Thus the only large market of the interior depended heavily on state and rentier income.

Madrid's primacy was no sooner established, however, when it suffered a serious decline in the resources that the state could provide. By the 1630's, American bullion remittances accessible to the Crown were falling dramatically. France entered the Thirty Years War in 1635, expanding Spain's military budget to colossal proportions. The situation became even bleaker when Catalonia and Portugal revolted in 1640, followed by Naples in 1646. The hard-pressed government reordered budget priorities, exploited the monetary system, and raised taxes. The new taxes in the 1630's took the same form as earlier sisas levied for public works, but were dedicated to servicing loans raised for European campaigns. Madrid had lived from a set of institutions that channeled public and private wealth to it. But the new taxes, instead of reinforcing that flow, reversed it. The impact on the city's economy was evident by the mid-1630's, when consumption of wheat, wine, meat, and olive oil began to decline. The government also sought to tax the nobility, and captured much of their income by selling them jurisdiction over hundreds of villages. The Crown thus surrendered much of its rural authority and, having made Madrid the preeminent city of the interior, caused a major contraction of the market that the city represented, furthering the withdrawal of the countryside into self-sufficiency. (9)

By the later seventeenth century, the Spanish economy had undergone sweeping reconstruction. (10) Excepting Madrid, the former cities had become large towns, and many provinces were left lightly populated and barren. Agriculture had withdrawn to the better land and emphasized cereals with local markets and lower labor requirements. (11) Intrinsically more valuable [316] and mobile products were stressed, along with an expansion of grazing. (12) Land had become concentrated in the hands of the aristocracy and Church, and sharecropping and day labor were more prevalent. Total output had declined, and the distribution of wealth favored the elite. The basic lines of Spain's rural society for the next 250 years were emerging: sharply unequal distribution of wealth, estate management and control of local jurisdiction by the señor and labrador rico, self-sufficient agriculture, and limited markets. By 1700 Madrid and Castile were locked into a rigid relationship, while the periphery continued to show varying responses to external forces.
 
II. The Eighteenth Century: Bourbon Revival
 
If in the seventeenth century Madrid had contributed to the de-urbanization and isolation of rural society in Castile, in the eighteenth it played an equally important role in turning wealthy families into the agro-commercial oligarchy that dominated Spain in the nineteenth. As the trade that supplied Madrid evolved, the political and economic elements which dominated Spain were changing their concept of a "normal" framework for economic life. The ideas of French physiocracy and English liberalism were pervasive and influential, and from the mid-eighteenth century they were cited with increasing frequency and explicitness by the highest authorities. Thus when crisis disrupted old arrangements, their replacements were well established as partial reforms and ideas familiar to the political class of the country. The commercial and financial sectors of Madrid's society were becoming larger and more sophisticated as they captured functions previously dominated by the state. Concurrently, the rentier elements controlling agricultural products were being drawn into interaction with the evolving market, its premises, and the men who operated it. The developing community of interests included not only urban middlemen and wealthy nobles of the capital, but also provincial notables, estate stewards, and the wealthy peasants who dominated many villages, thus incorporating the central elements of the Moderado state of the nineteenth century.

Once again there was a correlation between the fortunes of the Spanish empire and those of its capital. Before 1715, imperial reforms were tentative; (13) but after the War of the Spanish Succession, relations with France [317] were regularized and the higher administration was reorganized. The late 1720's saw renovation of the Spanish navy and restriction of smuggling and privateering in the Caribbean. The empire was recovering; renewed silver production provided Spain with vital foreign exchange; and by the second quarter of the eighteenth century, population and consumption began to rise in Madrid. After hovering around 120,000 inhabitants until after the War of Succession, population rose to 150,000 inhabitants in the 1750's, 180,000 in 1787, and 195,000 in 1799. (14) The growth of the capital constituted an important dynamic factor in the economy of the peninsula. The market value of imports into Madrid in 1789 was well over 400 million reales, half the estimated value of imports and exports at Cádiz and considerably more than the 250 million reales that Pierre Vilar attributes to Barcelona. (15)

In Chapter 6 we analyzed the structure of the urban market behind the estimated total value of what the city consumed, indicating that it involved a massive imbalance in trade. The overall coherence of the economic structures that supported the city can only be appreciated if we understand clearly the role of political and rentier income in maintaining them. To compensate for the goods consumed by the capital, some combination of goods and services had to be exported. Ultimately, the services that compensated for the trade deficit were government (imperial and peninsular policy-making and administration), rural management (theoretically a function of landlords resident in Madrid), and provision of a focal point for Spanish elite socialization, culture, and definition of status. Some of the exchange of goods for services was direct. The Crown owned extensive estates from which it directly mobilized revenue in kind. It also controlled two-ninths of the tithe in much of Spain. This income in kind was managed administratively to supply the military and the capital city. Similarly, many noble families and religious institutions had estates from which supplies were brought directly to urban palaces, convents, and monasteries.

Most of the process of paying for urban supplies involved sales and monetary transfers. The services created by the capital "earned" payments in the form of taxes, rents, and endowment income. This income passed through the internal economy of the city, then flowed outward again to pay for the goods the city required. The origin of these incomes provides an important key to the city's relationship with its hinterland and the larger political system.

By the 1780's, government outlays associated with Madrid were about 200 million reales a year, nearly a third of the Crown's net revenues. Almost half [318] of the money went to support the royal household, its palaces, hundreds of servants, and extensive stables. The remainder went to over 5,000 state employees and the 7-10,000-man garrison and royal guards. (16) The revenues brought to the city privately clearly exceeded the contributions of government: a combination of hearsay and documentation suggests that the combined income of the Alba, Berwick, Arcos, and Infantado families alone reached 20 million reales at the end of the eighteenth century. As we saw in Chapter 4, the titled nobility in Madrid had an admitted rental income of over 144 million reales in 1808, and an annual income of 880,000 reales was considered modest for a grandee at court. The census of 1797 registered 57 grandees and 68 other titled nobles in addition to over 300 owners of lesser entailed estates and several thousand nobles residing in the city. The bulk of those revenues went into salaries, legal fees, living costs, and interest payments dispersed in the capital. These señorial revenues, combined with even a modest estimate of analogous ecclesiastical ones, more than match the contributions of the state to the urban economy. (17) Thus public and private flows of revenue into Madrid easily cover the massive deficit in the balance of trade. To many observers, the pattern is a measure of how, while Spain was exploiting America, Madrid and its elites were exploiting Spain. (18)

These basic facts about Madrid's economy help us to understand the contrast between the impact of the Spanish capital and that of other cities upon their surrounding provinces. The city's rate of growth was substantial, but below that of London in the same period and less than half of the 180% increase in the population of Barcelona. (19) Madrid's moderate growth, combined with her economic structure and the government's willingness to subsidize traditional supply organization, did not stimulate much reorganization of rural economic life. The principal response was one of adjustment within the structure of production that had emerged in the seventeenth century with the breakdown of the urban hierarchy, and it is hard to separate the rural response to urban demand from adjustments to rising rural population. Movable [319] surpluses may actually have shrunk, and the city had to develop a remarkably widespread network in order to satisfy its needs. (20)

Urban-rural interaction around Madrid was further constrained by the city's connection with the maritime economies of the Spanish world. Roughly 40% of Madrid's trade consisted of goods from outside the Spanish interior that fed the city. (21) The regionally produced commodities were primarily food and fuel for the low-income portion of the population, and there was almost no interaction between the two market structures which met at the city gates. The location of the city prevented the commerce of Madrid from offering entrepot services to the interior, and it remained cheaper for rural communities to use the slack periods in the agricultural economy to trade directly with the seaports for the little merchandise they could afford. Unlike London, Madrid could not provide cheap imports to the countryside, stimulating rural production by offering improvements in the rural standard of living. (22)

Until the later eighteenth century, the rate of growth of the city's own needs was accommodated within the traditional economy. Madrid's distribution of income meant that urban prosperity brought increased emphasis on imports, and declining real income for most city-dwellers. This shifted the demand for products from the interior toward a narrow range of agricultural commodities. This is suggested both by the volume of consumption of various commodities and by the changing distribution of gross revenue within the market for Castilian staples. At the same time, the government discouraged intensification of agriculture near the city by encouraging rural grain reserves and accepting the higher costs of a wider radius of supply based on the existing rural arrangements.

These conditions did not, however, preclude the development of an urban economic elite which increasingly preferred market to administered economic decisions. This urban elite adopted many tenets of Liberal economics relative to the marketing of primary products, while remaining tied to traditional structures of production in the countryside. The logic in this is apparent when we recall the nature of the revenues that supported Madrid and its rentier elite. The result was the paradoxical situation of a growing city that encouraged stagnation in the rural economy around it.

The reduction of direct government interference in the supply trades is apparent in many ways. By the eighteenth century, there is no evidence of control of rural bread prices or of embargoes directing the movement of wheat. The ceiling (tasa) on the price of grain leaving the farm was not [320] enforced and was formally abolished in 1765. When crops were adequate, most of the grain entering the city came through market operations at prevailing prices. In the background, the wheat depot continued to monitor the market and to supplement supplies so as to dampen price movements. This entailed development of a considerable administrative mechanism that arranged contracts with suppliers in La Mancha, maintained a system of purchasing agents and depots throughout Old Castile, regulated the supply of transport services in Castile, and provided a third of Madrid's wheat by 1790. Thus the government oversaw rather than directly administered a large share of the wheat supply and, even where control was more direct, deferred to market prices in the supplying regions.

The gradual withdrawal of the state, while far from total, was apparent in other supply trades as well. (23) The wine supply had evolved into a system of government licenses for several purveyors, while most of the ostensibly monopolistic concessions contained provisions for interlopers in the market. The concessions themselves provided speculative opportunities for a variety of contractors, partnerships, and established entities like the Cinco Gremios Mayores. By 1800 the government was skeptical of the cost of supply administration, and in 1805 sold off the entire charcoal system. Thus, although the eighteenth-century state played an active role in the supply of Madrid, the drift was toward a market-driven commerce involving private entrepreneurs--an arrangement made possible by the politically and rentier-supported urban economy.

The nature of the business world behind these eighteenth-century developments has not been examined carefully and is probably obscured by the formal categories of Old Regime society. For instance, we know little about the pressures behind the reform of the grain trade in the 1760's. It is sometimes treated as an ill-conceived application of physiocratic ideas by doctrinaire reformers; (24) but given the inelasticities of supply imposed by transport and weather, a freer system clearly benefited rentiers and middlemen able to withhold grain from the market. If the nobility of eighteenth-century Toulouse could see this and espouse free trade, it should not be startling to see landed elements in Castile reacting in the same way. (25) Indeed, there are numerous other indications that the elites in Madrid were forming economic interests and attitudes that cut across traditional class and status distinctions. This was not a narrowly urban process, but reached across the countryside via agents, commodity fairs and markets, merchants, and market-oriented [321] estate management to touch estate managers and the labradores ricos who dominated village politics.

Rentier concern for profitable investment is also apparent in the flurry of interest in joint-stock trading companies, and a wide variety of noble families participated as stockholders in the Zaragoza, Toledo, Granada, and Extremadura companies. (26) Most of the companies foundered, but at least one, the Caracas Company, was successful for 60 years. (27) Noble participation in commercial activity, obviously not an alien concept for the second estate, intersected with the activity of the Cinco Gremios Mayores. An agency of the commercial patriciate of Madrid, the Cinco Gremios dominated wholesale and retail trade in manufactures in the capital and were involved in the same joint-stock companies. Their Compañía General de Comercio, founded in the 1760's, managed royal factories, farmed important taxes, traded with America and the Philippines, and at times supplied both the army and the capital. By 1790 the company had accumulated over 300 million reales in deposits, which were used to extend credit to public and private customers. (28) These activities suggest numerous points of contact between the various wealthy elements of the interior.

By the 1780's, the Banco de San Carlos, predecessor of the Bank of Spain, was functioning, with a long list of stockholders from a variety of social groups. (29)The bank in turn launched the grandiose Real Compañía de Filipinas, which absorbed the Caracas Company and was to undertake overseas trade, supply credit to the Crown, and construct interior canals. (30) This is further evidence of the mutual concerns of commercial and landed elements for mobilizing the products of the interior, as well as participating in the Atlantic trade. These common concerns were proclaimed through the Economic Societies, an amalgam of landed and urban interests espousing modernization and improved interior commerce and transport. (31)

The economic modernity of Madrid's elites had important limits, however. [322] Commercialization of commodities accumulated as rents and tithes does not necessarily stimulate change in the rural society producing them. In Castile, it led to competition for control of traditional rents and tithes within the pattern established in the seventeenth century. The dependence of commerce on Madrid and the wool trade reflected the stagnation of the other cities in the interior and the one-sided nature of the countryside's trade with the capital. Lacking convenient urban markets and services, and without adequate transportation, the response of the rural population was shaped more by rural conditions than by demand from Madrid.

Moderate population growth produced some signs of rural prosperity in the middle decades of the eighteenth century, but the interior cities were little affected. Toledo, Albacete, León, Ávila, Benavente, and Segovia appear virtually stagnant until 1770, with at best moderate and temporary expansion thereafter. A certain amount of enclosure went on, and there are indications of some concentration of enclosures near Madrid, but signs of increased large-scale farming or intensive techniques are scarce. The volume of movable agricultural commodities rose primarily because enclosure of land for farming created new tenants who added to the flow of traditional rents and tithes. Evidence of diminishing returns suggests the extension of traditional farming onto less fertile land. (32) Consequently, the sale of larger quantities of produce at Madrid had little effect on rural buying power, and hence the stagnation of local centers. Indeed, most of the rewards from the supply trades ended up in the pockets of absentee landlords, tax collectors, tithe collectors, and supply agents often resident in the capital.

This perception of the rural economy is reinforced by the history of consumption in Madrid once the seventeenth-century reorganization of the urban hierarchy was complete. The rapid increase in olive oil consumption was possible because the seventeenth-century response to declining population and demand was a shift to such low-labor, high-value commodities, and meshed with the concentration of buying power in the city which created a relatively stable market for items of elite consumption. The parallel shift to grazing similarly explains how, by 1800, Madrid was able to consume more meat per-capita than any other large city in Europe.

The seventeenth-century loss of markets and labor dismantled the commercial wine industry of New Castile. As a consequence, wine became relatively expensive, total urban consumption rose slowly, and per capita use fell below half the early seventeenth-century level. Moreover, to provide for a much smaller annual consumption it proved necessary to extend the supply region far south into La Mancha, an area only marginally important before [323] 1650. The districts that had once produced wine for Toledo and Madrid did not respond to renewed demand. Nor did New Castile respond to stronger demand for cereals. Important amounts continued to come from all over New Castile, but far less than in the sixteenth century, and the scanty evidence shows declining production in many areas around Madrid and Toledo between the 1730's and the 1780's. Occasional recourse to Old Castile and Andalucía for wheat gave way to an elaborate procurement system in Old Castile in order to meet the city's regular needs.

Logically, renewed urban demand should have shifted the region back toward cereals and vines. The failure of New Castile to respond in this manner is associated with structures that separated the actual farmer from market forces outside the immediate locale and enforced a very uneven distribution of rural wealth. As population rose, plots got smaller and smaller, and peasants were caught short in subsistence crises--and pushed into wage labor--which encouraged them either to emigrate from the villages or to develop extremely marginal farming patterns. (33) Yet this organization of production was so much bound up with rural power that the risks to the elite inherent in changing the organization and providing direct incentives to the peasant outweighed the long-term collective benefits of increased total production. (34) Thus the controlling elites, while behaving in an increasingly "modern" fashion in dealing with the wealth extracted from rural society, continued to maintain traditional arrangements within that society. In Castile, commercialization of necessity focused on Madrid, creating a community of interests between rural and urban elites. This pattern helps explain the apparent ambivalence of eighteenth-century domestic reforms in Spain. "Enlightened" elites often supported "liberal" reforms, such as free internal grain trade, better roads, rural industry, credit facilities, and modernization of maritime commerce and imperial administration. At the same time, they resisted serious land reforms and maintained policies of social control that made it pointless for the peasant to improve yields, because the results would quickly be lost as rent. (35)

[324] Thus the largest single center of commercial and industrial activity in eighteenth-century Spain was entirely dependent upon the political structure of the empire and the landed wealth of the peninsula. The counterfactual implications of this are intriguing, given that in less isolated areas such as England, or even Spain's own Basque provinces, landed elements did respond to new investment opportunities. One of the reasons offered for the prominence of conspicuous consumption and swollen staffs of retainers in the Spanish aristocracy was the lack of more profitable investments. In eighteenth-century Madrid, the most common high-security investment other than land was apparently "loans" (actually savings deposits) to the Five Greater Guilds, which paid only 2.5% until after 1780. (36) Had the potential market and investable capital of Madrid been concentrated in a city such as Lisbon or Sevilla, with much greater potential for commercial and industrial enterprise, the pattern of economic development in Spain would have been significantly different. 

Madrid's economy can now be fitted into the larger perspectives suggested earlier. The capital depended on the Spanish interior for over half of its income and for its basic supplies. Through the state and the señorial system, taxes and rents were collected in the countryside. These flowed to the city, financed one-way flows of commodities to Madrid, and thus returned to the countryside, completing the circular flow of a largely autonomous and essentially static economy. The weakness of the impact on rural society is heightened by the fact that in practice the payment for rural products often passed directly to rentiers within the city. The actual city-country relationship in that case was a one-way shipment of rural products to the urban market. Any purchasing power thus created was retained within the consumption-oriented economy of the capital city. At the same time, the capital was dependent upon the imperial system as the source of much of the revenue that subsidized the costs inherent in the city's location, thus providing a focal point for wealth captured by the landed elite. In its turn, this dependence on distant sources of wealth financed much of the trade between Spain and Europe, discouraging the diversification of the interior by directing urban demand elsewhere. (37)
 
III. The Nineteenth Century: An Era of Retrenchment
 
Our perception of Madrid and Castile in the eighteenth century provides valuable perspective on the agro-commercial oligarchy that became the basis of the dominant Moderado party after 1833. This oligarchy is conventionally [325] described as consisting of landed nobility, "bourgeois" owners of disentailed Church and municipal lands, speculators in railroads and urban real estate, the army officer corps, and wealthy commercial families. This elite and its political opposition are often depicted as part of a structure of horizontal and national classes, (38) but that perception of Spanish society is anachronistic. Only for the twentieth century can a case be made for class conflicts that have national coherence. In the nineteenth century, the basic cleavages reflected well-defined geo-economic patterns. Certain coastal areas persistently opposed the policies of the dominant oligarchy, and only in those areas did industrial working and middle classes develop. Interior and coast still confronted different economic realities that offered little room for compromise. This is not to deny that coastal areas like Galicia and Asturias maintained traditional economic and social structures, but they did not have to cope with the extremes of subsistence crisis common in the interior. Nor does it deny that as an urban center, Madrid imported many elements of modernity and developed social groups accordingly.

Nevertheless, the elite of Madrid and the interior strove to reinforce the structures of the traditional interior. They backed protective agricultural tariffs, free trade in non-agricultural imports, control of colonial markets for agricultural exports, a strong Church, limited franchise, and limited education. The "liberal" elements of the coasts sought free entry of foodstuffs, tariffs to protect industry, control of colonial markets for manufactures, extensive and secular education, and a broader franchise. The structural bases of these differences meant that issues could easily become polarized along sectional lines and create serious disruption in the form of revolution and civil war.

Inevitably Madrid was a central feature of the structures that typified the interior, although other factors were also at work. Castilian agriculture expanded considerably in the 1840's, and it is an open question whether it was due to sale of entailed lands, to gradual penetration of market forces, or simply to better documentation of the effects of increased rural population. (39) In any case, export surpluses appeared, and the problem of bread that governed the budgets of Madrid's poor was eased. In the wake of this stabilization of its bread supply, the capital city renewed its demand for other agricultural commodities. Thus meat, wine, and olive oil consumption increased, despite rising prices for the last two. The nineteenth-century capital not only contributed to the long-term expansion of olive culture in the south, [326] but absorbed a growing volume of meat and, more significantly, began to recover as a domestic market for viticulture.

The disentailing of Church lands may have stimulated agricultural production in Castile, (40) but it can be argued that this reflected more basic politico-economic developments. In addition to long-term rural population growth, the 1840's saw reestablishment of an effective state controlled from Madrid by Madrid-based interests. This produced tax reforms and an increase in the budget dispensed from the capital. At the same time, economic policy created captive markets in Cuba and in the peninsular seaports. Paying for Castilian products with colonial goods or manufactures, these markets provided a pale reincarnation of eighteenth-century patterns. Once again, empire meant commerce and a prosperous capital city. This was the context for land sales, and for a few years the response allowed a grain trade to Cuba and stable bread prices in the capital. This meant that Madrid's renewed prosperity could turn into demand for other products of Castilian agriculture. This was a brief phase broken by serious shortages in 1857-58, a crisis in the remnants of the empire, renewed instability of urban supply, and another breakdown in the centralist structure of power. By the mid-nineteenth century, little had happened to solve the long-standing problem of low rural productivity--an indication of the marginal impact of land reform, restoration of an imperial subsidy for domestic commerce, and the coming of the railroads. Structural contrasts remained to complicate Spanish politics well into the twentieth century. (41)

Basic economic realities included an endowment of resources that dictated a dispersed, low-yield agriculture or livestock-raising in the interior. (42) Transportation was caught in a technological deadlock that left the transport system of 1850 little better than that of 1790, and maintained regional isolation. (43) Prices reveal recurrent crises and sharp regional contrasts as late as 1880. In 1865-68, for example, wheat prices rose up to 190% in the interior but only 60% in the coastal provinces. This illustrates a profound lack of economic integration long after the period during which the nineteenth-century oligarchy was supposedly forming. (44) Consequently, the commercial activity of the interior remained restricted to import of a small volume of manufactures, mostly for Madrid, and sale of agricultural products to controlled markets in Cuba, the coastal towns, and Madrid.

[327] None of this represents a significant structural change since the eighteenth century. Regional price differences in 1867 were virtually identical to those of 1790. (45) Except for the decline of wool exports, the pattern of commerce in the Castilian interior was basically that of the eighteenth century, with limited exports and manufactures and luxuries supplied to Madrid from Barcelona, Bilbao, and Europe. Agricultural commodities were more uniformly accumulated as rents rather than tithes, or through direct management, as in the cases of livestock or charcoal, before they moved into supply systems focused on Madrid. The changes of a century seem modest. By the 1860's Madrid was perhaps 50% larger than in 1800, but was still under 300,000 inhabitants. Its demographic structure was unchanged, income distribution had worsened, and urban function was more narrowly political and residential. More and more of the goods demanded by the affluent of the city were produced outside the Castilian interior. Traditional industry in central Spain and in Madrid declined, forcing the countryside into heavier reliance on basic agriculture. (46)

Such changes in the economic framework of the interior seem an inadequate explanation for the agro-commercial oligarchy of nineteenth-century Spain. Unquestionably, Spain saw rapid changes in the formal definitions of society and economy and their institutions after 1833. The sanctions behind the state were secularized, and the monarchy became constitutional. Traditional law codes were replaced by modern "liberal" ones, and the old estates with prescriptive rights were officially dismantled. The legal context of commerce was modernized, removing obstacles to the free movement of goods. Land became a commodity in the classical Liberal sense, as entail was abolished, Church and municipal lands were sold at auction, and resources were freed for optimal use, as defined by Adam Smith's invisible hand. (47)

Given the permanence of underlying economic conditions, however, we must be careful about seeing in this a "revolution" by a "conquering bourgeoisie" such as Morazé depicts for France, and we must not make too much of the mobility into the elite that appears in the mid-nineteenth century. (48) If the protagonists are "bourgeois," it is within a socio-economic context more reminiscent of eighteenth-century Madrid than nineteenth-century France or England. Since land and status were still connected, it would be remarkable if the great land sales had not produced candidates for noble title. It is worth noting that the number of entries into the nobility in the seventeenth and [328] eighteenth centuries was also not inconsiderable. (49) Most of the legal and commercial reforms formalized in the nineteenth century had been discussed and even begun in the eighteenth. The sale of religious endowments was started by the Old Regime, and it never brought a significant land reform. Rather, the nonclerical segments of the agro-commercial oligarchy got less ambiguous control of more land at the expense of religious institutions. This meant that more land was in "bourgeois" hands, but the beneficiaries were already part of a network of interior commerce and estate management that had common interests with older landed elements. The lawyers, professionals, and speculators who are cited as the vanguard of bourgeois capitalism by some writers were really part of an urban-rural continuum in which most economic life was closely tied to land and agriculture.

Life in the countryside saw even less change. The amount of land under wheat expanded, as did total output, but yields per acre declined, indicating that traditional methods of production were being applied to lower-quality land. (50) Whoever the landlord may have been, and whatever his relationship to the market, relationships between landlord and tenant or laborer changed little, and production was not significantly capitalized. Market-oriented rentier class and self-sufficient peasantry persisted together through the nineteenth century in a balance that depended on the Madrid market. (51)

Thus nineteenth-century Madrid remained fundamentally elitist, dominated by a small, wealthy upper class and populated by rural and urban masses no better off than 100 or 200 years before. If one looks at sources and distribution of wealth in Spain, the structure of the nineteenth century looks very like that of the eighteenth. (52) The process follows closely the model discussed by Robert Brenner for the impact of a city/market on a "serf-society." Despite an air of modernity, maximizing attitudes can freeze or restrict change in rural production, limiting city-country interaction because of the shape assumed by the overall market. The result is a city limited by the rural product that can be "captured." (53) The unique thing about Madrid was its access to a transregional power base that made possible a widespread regional system of "capture."

[329] This suggests that the origins of the agro-commercial oligarchy of the nineteenth century are to be found in the association between Madrid and its hinterland that was stimulated by the growth of the city in the eighteenth century. The changes of the nineteenth century reflect shifts in alliances and land control within the elite, and a recasting in Liberal terms of the rationales by which the rentier elite justified its preeminent position. Through land purchases, intermarriage, and the political alliances made possible by the Moderado state, barriers between título, hidalgo, rentista, and labrador rico were blurred, bringing greater coherence to the landed elites. (54) The Moderado state and its constitution of 1845 have justifiably been characterized as the codification of an elitist liberalism in the service of the evolving oligarchy. (55)

The alliance of state and oligarchy was reinforced by yet another factor, which also served to attract resources to the state and its capital. Beginning in the 1790's, Spain drifted into recurrent balance-of-payments deficits and massive government debt. This diverted large quantities of capital to state finances in support of a power structure that perpetuated the dominance of Spain by Madrid and Castile. The great land sales were inseparably linked to the problem of public debt; and the perception of land and the state as secure, if low-yield, investments reflects traditional attitudes. For all of its involvement with capitalism, railroads, gas lighting, and Church expropriation, the elite of middle and late nineteenth-century Madrid were not so much something new as the end product of over two centuries of economic, social, and institutional evolution in the interior of the country. (56)

What did change in nineteenth-century Spain was the structural relationship between capital city, country, and empire--a change that pushed to the center of the political stage those economic and social elements of the eighteenth century whose fortunes best survived the catastrophe of imperial collapse between 1800 and 1825. It is hardly surprising that the elements that had long been coalescing around the one-way commerce between the Castiles and Madrid came to dominate the Spanish state. Already in the seventeenth century, Madrid had become the dominant city of the country--a city in [330] which most commercial life consisted of final distribution rather than the transformation of goods or creation of value-adding commercial services, and a city in which most incoming wealth belonged to an agricultural elite and those who serviced that elite. In the nineteenth century, the loss of empire crippled maritime commerce and government finance, leaving the complex of Madrid rentiers, suppliers, and middlemen relatively more important in the national political and economic framework. A greater share of government revenue had to come from interior sources, while the agricultural sector replaced the Indies trade as the preeminent source of wealth. (57) The collapse of imperial and foreign trade, which fell 75% between 1792 and 1827, (58) drastically weakened the port cities, leaving Madrid in a position of relatively greater importance. Despite the midcentury land sales and some response to market pressures, little occurred to alter the basic interactions between capital and country. Madrid emerged politically and economically dominant within Spain, shaping events to meet its own needs.
 
 


Notes for Conclusion

1. Bartolomé Bennassar, Recherches sur les grandes épidémies dans le nord de l'Espagne a la fin du XVIe siécle; Domínguez Ortiz, Siglo XVII, vol. I, pp. 53-160; Gentil da Silva, En Espagne, pp. 97-189; Noel Salomón, La campagne de Nouvelle Castille á la fin du XVIe siécle, pp. 303-304; Vicens Vives, Manual, pp. 373-393. Aspects of this are discussed in Chapters 8, 9, and 10.

2. Ruth Pike, Enterprise and Adventure: The Genoese in Seville and the Opening of the New World (1966), and Aristocrats and Traders; Sevillian Society of the Sixteenth Century (1972); Charles Verlinden, "Italian Influence in Iberian Colonization" (1953), pp. 199-211, and The Beginnings of Modern Colonization (1970), pp. 113-157.

3. Domínguez Orúz, Siglo XVII, pp. 129-139; Weisser, "Les Marchands de Toléde."

4. Aspects of this are inferred in Weisser's "Crime and Subsistence: The Peasants of the Tierra of Toledo, 1550-1700." The specific problems are documented in Chapter 11 above.

5. Earl Hamilton, in both American Treasure and War and Prices in Spain, 1651-1800, p. 98, maintains they had little effect. Carmelo Viñas y Mey, in El problema de la tierra en la España de los siglos XVI-XVII, assumes considerable impact. If Segovia was typical, the tasa governed large sales well into the seventeenth century: Anes and LeFlem, "Las crises del siglo XVII," pp. 22-23.

6. See Chapters 3 and 6. The pattern follows Ernest Labrousse's formulation, in Fluctuaciones económicas e historia social (1962), pp. 371-379, regarding the prerevolutionary decades in France.

7. Weisser, The Peasants of the Montes, ch. 4.

8. Of 800 commodity transfers documented for the later eighteenth century in Castile, half involved Madrid as destination, and only two implied that Madrid was acting as a center of distribution or production. See Ringrose, Transportation, maps 3-13 (additional detail in the Spanish edition, Los transportes y el estancamiento económico de España, 1750-1850 (1972), Appendix. In 1789, only 13 of over 300 commodities used in the city were exported or re-exported, and they amounted to only about 3% of imports; see Chapter 6 for analysis of this market.

9. Domínguez Ortiz, "Ventas y exenciones de lugares durante el reinado de Felipe IV"; Charles J. Jago, "Aristocracy, War, and Finance in Castile, 1621-1665: The Titled Nobility and the House of Bejar During the Reign of Philip IV" (Ph.D diss., 1969), pp. 150-151.

10. Gentil da Silva, En Espagne, pp. 161-179; Domínguez Ortiz, Siglo XVII, pp. 115-160; Vicens Vives, Manual, pp. 375-393.

11. Anes and LeFlem, "Las crises," pp. 16-17.

12. While olive oil was an important crop in the eighteenth century, there is little evidence of it in the sixteenth. See Salomon, La campagne de Nouvelle Castille, pp. 86-87; and Carmelo Viñas y Mey and Ramón Paz, Relaciones de los pueblos de España ordenadas por Felipe II, Provincia de Madrid (1949) and Provincia de Toledo (1951, 1963). Helen Nader finds evidence of it in local commerce in Guadalajara in the late sixteenth century (seminar, 1979) .

13. There were some attempts at stimulating commerce, and the center of the Indies trade was shifted to Cádiz. The monetary system remained relatively stable after 1680 according to Hamilton, War and Prices, pp. 53-54.

14. See Chapter 2 and Canga Arguelles, Diccionario de hacienda, vol. 1, "Madrid," for census of 1797; RAH, leg. 9-6235 (census of 1787); AVM, Secretaria, sig. 4-4-37 (census of 1804); Malilla Tascón, "El primer Catastro de la villa de Madrid" (census of 1757); and Biblioteca Nacional, ms. 2274 (census of 1720).

15. Vilar, Catalunya, vol. 4, p. 129.

16. This is partly offset by taxes which the government collected in Madrid, but these did not amount to 5% of total revenue: Canga Arguelles, Diccionario, vol. 2, pp. 402-403; Vilar, "Estructures," p. 31; Malilla Tascón, "El primer Catastro de la villa de Madrid," pp. 524-525; AVM, Secretaria, sig. 4-4-37; Joseph Townsend, A Journey Through Spain in the Years 1786 and 1787(1792), vol. 2, p. 187.

17. Townsend, Journey, vol. 2, pp. 135-138; AHN, Osuna, leg. 4339; Canga Arguelles, Diccionario, vol. 2, p. 68; AVM, Secretaría, sig. 4-4-37; Domínguez Ortiz, Siglo XVIII, p. 90. Also see Chapter 4 above.

18. For the perspective on this from colonial Spanish America, see Stanley and Barbara Stein, The Colonial Heritage of Latin American.

19. George Rude, The Crowd in the French Revolution (1959), pp. 10-13; E. A. Wrigley, "A Simple Model"; Iglesias, ed., El cens de Comte de Floridablanca, pp. 51-52.

20. See Chapter 7. The most coherent regional case study illustrating this is García Sanz, Desarollo y crisis.

21. See Chapters 4, 5, and 6 on income distribution and the evolution of urban demand.

22. Wrigley, "A Simple Model."

23. See the detailed discussion of supply arrangements in Chapter 7.

24. Vicens Vives, Manual, pp. 467-470.

25. Robert Forster, The Nobility of Toulouse in the Eighteenth Century (1971), pp. 70-72.

26. For an account of the Toledo Company, with some references to others, see Larruga, Memorias políticas y económicas, vol. 7, pp. 59-418, and vol. 8, pp. 1-94. See also William J. Callarían, "Crown, Nobility, and Industry in Eighteenth-Century Spain" (1966).

27. Roland Dennis Hussey, The Caracas Company, 1728-1784(1934).

28. In 1775, the operating capital of the five participating guilds was estimated at 209 million reales. Capella Martínez and Malilla Tascón comment, in Los Cinco Gremios, pp. 17, 124, 315-316, on the growing sophistication of their business activities. By the end of the century, the Compañía de los Cinco Gremios had accepted deposits (technically loans) amounting to 397,994,401 reales. See also Vicens Vives, Manual, pp. 522-524.

29. Earl Hamilton, "Plans for a National Bank in Spain, 1701-1783" (1949), "Foundation of the Bank of Spain," parts 1 and 2 (1945 and 1946), and "El Banco Nacional de San Carlos, 1782-1829" (1970).

30. María Lourdes Díaz-Trechuelo Spinola, La Real Compañía de Filipinas (1965).

31. Robert Jones Shafer, The Economic Societies in the Spanish World, 1763-1821 (1958).

32. See Chapter 9. The carters' associations complained of enclosure of their reserved pastures for sheep and tree-planting, but only occasionally for agriculture.

33. Ester Boserup, in The Conditions of Agricultural Growth: The Economics of Agrarian Change Under Population Pressure, chs. 4 and 5, discusses some of the "low-income" traps possible under such circumstances.

34. The situation may have resembled that discussed by Alfred Cobban for France, where feudal dues and rent collections, rather than the actual exploitation of the land, were commercialized. Relative to Spain, Fontana Lázaro cites as causes of low productivity the lack of an internal market and the inefficient management of a large share of the land by the clergy; he explicitly rejects Cobban's type of analysis. See Cobban, The Social Interpretation of the French Revolution (1965), pp. 25-35; Fontana Lázaro, La quiebra de la monarquía absoluta, pp. 39, 48, 52.

35. Vicens Vives, Manual, pp. 472-474. On the resistance to reduction of the nobility's jurisdictional powers in the late eighteenth century, see Manuel García Pelayo, "El estamento de la nobleza en el despotismo Ilustrado español" (1946), pp. 45-49, 59.

36. Domínguez Ortiz, Siglo XVIII, p. 90; Capella Martínez and Malilla Tascón, Los Cinco Gremios, pp. 262-263.

37. These preferences were strongly oriented toward French customs and luxuries. See J. F. Bourgoing, The Modern State of Spain, vol. 2, pp. 308-309.

38. On regional polarization, see C. A. M. Hennessy, The Federal Republic in Spain: Pi y Margal and the Federal Republican Movement, 1868-74 (1962).

39. Miguel Arlóla, La burguesía revolucionaria, 1808-1869, pp. 58-78, 107-112; Richard Herr, An Historical Essay on Modern Spain, pp. 93-94; Pedro Voltes Bou, Historia de la economía española en los siglos XIX y XX (1974), vol. l, pp. 117-138.

40. Raymond Carr, Spain, pp. 275-276.

41. Ibid., pp. 280, 290-300, 547-557; Vicens Vives, Manual, p. 311, Sánchez-Albornoz, España hace un siglo, chs. 1, 2, 3, and 5.

42. Carmelo Viñas y Mey, "Apuntes sobre historia social y económica de España," pp. 35-38.

43. Ringrose, Transportation, pp. 135-136.

44. Sánchez-Albornoz, España hace un siglo, pp. 46-56, and a paper, "Mercado nacional, dualismo y ruptura: Los precios del trigo de España durante la segunda mitad del siglo XIX."

45. Anes, Economía e "Ilustración" en la España del siglo XVIII. pp. 43-70.

46. Carr, Spain, pp. 264-277; Fernández García, El abastecimiento de Madrid, chs. 3,4,5; Pascual Madoz, Madrid: Audiencia, Provincia, Intendencia, Vicaría, Partido y Villa (1848), pp. 434-468.

47. José Luis Cornelias Garcia-Llera, Los Moderados en el poder, 1844-1854 (1970), ch. 1.

48. Ibid., pp. 66-69; Fontana Lázaro, La quiebra, chs. 1 and 2; Charles Morazé, The Triumph of the Middle Classes (1968), ch. 5.

49. Comellas, Los Moderados, pp. 66-67; Domínguez Ortiz, Siglo XVII, pp. 209-210.

50. It can be argued that the disamortization lasted most of the nineteenth century, having begun in 1798, while discussion of the topic began long before. See Francisco Tomás y Valiente, El marco político de la desamortización en España (1971), passim; Vicens Vives, Manual, p. 585; Richard Herr, "Hacía el derrumbe del Antiguo Régimen: Crisis fiscal y desamortización bajo Carlos IV" (1970), pp. 45-50.

51. García Sanz, Desarrollo y crisis, pp. 376-388.

52. This is a conceptual approach easier to accept for Spain than for England--as presented by Peter Laslett in The World We Have Lost (1965), chs. 1, 2, and 9, in his discussion of change in English society.

53. See Robert Brenner, "The Origins of Capitalist Development," pp. 45-47.

54. Richard Herr, "Spain," pp. 103-115; see also Miguel Artola, Antiguo Régimen y revolución liberal, pp. 115-118, 299-300.

55. José Luis Arangurén, Moral y sociedad: La moral social española en el siglo XIX, pp. 91-96.

56. Gabriel Tortella's study of mid-nineteenth-century Spain--Los origines del capitalismo en España: Banca, industria y ferrocarriles en el siglo XIX (1973), chs. 2, 3, 5, and 6--shows that as late as the 1850's and 1860's, Spanish capital was readily diverted to overinvestment in railroads, to the detriment of industrial production. Speculative aspects aside, the commercial possibilities inherent in breaking the transport bottleneck in the interior represented opportunities of a type more easily appreciated by the economic elite than did investment in industrial capacity.

57. Jordi Nadal Oller, in El fracaso de la revolución industrial en España, p. 27, shows that while in the 1790's 22% of government revenue came directly from customs duties, by the 1830's this had fallen to only 8% and as late as the 1850's was only 11 %. These figures ignore the secondary effects of commerce in augmenting ostensibly domestic revenue sources.

58. Josep Fontana Lázaro, in "Colapso y transformación del comercio exterior español entre 1792 y 1827" and La quiebra, pp. 49-50 and 210-218, effectively outlines the collapse of agriculture and commerce in the periphery, but refuses to admit any degree of commercialization oriented to Madrid that would have been insulated from the empire.