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Spain sequestered the Caribbean situados
Source: The King?s Coffer #83
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In 1638 the king, in desperate straits, ordered General Carlos de Ibarra to sequester the situados bound for Caribbean garrisons, and followed this with an order for the situadores of the Windward Isles to report to Accountant Pedro Beltran de Santa Crus in Havana each year on their way back to their respective presidios, telling him what payments they had made and what cash they carried. To give him magisterial authority over them, Santa Cruz was named a judge of accounts. [Note 44: Pedro Beltran de Santa Cruz, Havana 11/28/1645 and 5/25/1657]
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