Rise of the DutchRepublic
- CommercialRepublic
 - Northern seven provinces officially recognized independence as result of Pearce of Westphalia.
 - Southern 10 provinces of the Netherlands were known as the Spanish Netherlands.
 - Government:
 - NO MONARCH!!
 - Confederation of strong provinces (Holland as strongest –navy/wealth)
 - Power was invested in the sovereignty –the people!!
 - A National assembly –States General
 - States General
 - Based in the Hague, it was the Legislative branch
 - Deputies elected by the 7 provincial assemblies known as Provincial States
 - Provincial states were comprised of deputies elected by city governments
 - City Governments
 - Power in the city governments rested in the hands of the regents (group of middle-class merchant men)
 - Governing:
 - Issues would come before the States General----deputies vote based on what the city governments wanted—via the regents.
 - Executive branch ---Stadholder
 - The Stadholder represented the states general in each province . Very ceremonial –not much real power
 - The Stadholder traditionally was held by members from the House of Orange.
 - The Economy:
 - The republic was based on values of thrift, frugality, and religious toleration, including that for Jews.
 - Religious toleration fostered economic growth.
 - The fishing industry was the cornerstone of the Dutch economy--stimulating shipbuilding, a huge merchant marine, and other industries.
 - Buying of whole forests from Norway
 - Wine industry –Buying of vineyards from France pre-grape harvest
 - Bought Grain in bulk from Eastern Europe
 - Buying in BULK is NICE!!!!
 - The Dutch East India Company was formed in 1602; it cut heavily into Portuguese trading in East Asia.
 - The Dutch West India Company, founded in 1621, traded extensively in Latin America and Africa.
 - Wages were high for all and most people ate well.
 - Bank of Amsterdam –founded in 1609
 - Land reclamation facilitated agriculture production ---Feed the large urban populations.
 - War with France and England in the 1670s hurt the United Provinces.
 - “Anglo-Dutch wars” ----caused by the English Navigation Acts –way to go Cromwell!!
 - The “Golden Age”
 - Period between 1550-1650
 - Painters:
 - Vemeer (1632-1675)
 - Rembrandt (1606-1669)
 - Philosophers:
 - Descartes (1596-1650)
 - Spinoza (1632-1677)
 
Decline of Spain
- Absolutism achieved??
 - Habsburgs at their height under Charles V and Phillip II—all downhill from there
 - Bureaucracy:
 - Too slow
 - People did not act without Phillip’s approval---too afraid
 - Phillip did not delegate---oversaw every detail
 - Phillip signed every decree, read every report = = bureaucratic bottleneck
 - The only Bureaucrats were Castilian nobles---Jobs in govt because they paid the highest taxes.~~~~~>Breeds incompetence
 - Army:
 - Expensive
 - Citizens were forced to house soldiers
 - Religious Uniformity---Phillip was successful on this
 - Economic Problems:
 - Country as a whole profited very little from the New World
 - Rich men in small groups monopolized the profits from trade.
 - Any governmental wealth from the New World often went to paying debts from previous wars----banks in foreign countries getting rich ---not Spain.
 - Phillip II claimed bankruptcy 3X
 - No investment in infrastructure for future
 - Spain had only a tiny middle class--which had to face many obstacles to their businesses.
 - Aristocrats were extravagant and their high rents drove the peasants from the land.
 - Phillip III (r. 1598-1621)
 - 1600 + ---Silver starts to dwindle from New World (English, French, Dutch in da game now)
 - Labor shortage in the New World as more nations get involved in Slave trade. / death of natives due to disease
 - Phillip IV (r. 1621-1665)
 - Looked like Spain will rise again under Minister Count of Olivares
 - Attempted to spread the tax burden all over the Spanish Empire = = = = Anti-govt revolts
 - War of Spanish Succession puts the nail in the coffin of the Spanish Habsburgs // Phillip V is a Bourbon
 
