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Spain confiscated all of the Caribbean situados for war in Europe
Source: Situado and Sabana #82
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The Crown itself, under the financial stress of the wars that the Spanish Hapsburgs waged in Europe between 1621 and 1659, was apt to cancel all or part of the Caribbean situados or to sequester them en route to the presidios, as General Carlos de Ibarra was ordered to do in 1638. (Bushnell SS)
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