By M. Vicente
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Extra info for Clothing the Spanish Empire
Commercial agents also cashed letters of exchange and remitted payments and valuable information back to the company’s home office. Commercial agents had long allowed Catalans and merchants from other peripheral Spanish regions to participate in the American trade. Since the sixteenth century, Catalan agents settled in Seville, the port from which all Spanish shipments sailed to America. 70 During the 1740s, changes in Spanish commercial policies made those agents especially important to the rapidly growing calico industry centered on Barcelona.
33 The economic impact of the dowry in the business world has been less studied than its social importance. And yet, the dowry 30 C l o t h i n g t h e S pa n i s h E m p i r e appears to be crucial when applied to the practical case of the formation of commercial houses of the Spanish world, because it sometimes provided entrepreneurs with the initial financial capital to establish their enterprises. ”34 Under some inheritance systems, the dowry became equally important to or even more important than the family inheritance.
His thirty-nine-year-old son Josep, himself a husband with three daughters, became the new patriarch of the casa Glòria. 66 Josep and Onofre established their own company in 1776, which they renewed in 1781, a year before Josep’s death. As the new head of the family, Onofre appointed Tomàs Serrallach, his son-in-law and a former worker in the Glòria factory, to the duties previously held by Josep Glòria. Under Onofre’s leadership, the Glòria factory lasted until 1793, when its bankruptcy ended the long life of the casa Glòria.