Welser concession in Venezuela

E853425

The Welser concession in Venezuela was a 16th-century colonial enterprise in which the German banking family Welser received rights from the Spanish Crown to explore, govern, and exploit parts of present-day Venezuela.

All labels observed (2)

How this entity was disambiguated

Statements (51)

Predicate Object
instanceOf German colonization of the Americas
colonial concession
historical event
administeredBy German governors
alsoKnownAs Klein-Venedig
Welser colony in Venezuela
appliesToTerritory Coriana
Lake Maracaibo basin
linked to: Maracaibo Basin

Maracaibo region
Province of Venezuela
capital Santa Ana de Coro
charterSignedBy Charles I of Spain
Charles V, Holy Roman Emperor
colonialPower Spain
conflictWith Spanish settlers
indigenous peoples
countryGrantedBy Crown of Castile
endedBecauseOf complaints about abuses
failure to meet obligations
revocation by the Spanish Crown
endTime 1546
firstGovernor Ambrosio Alfinger
Ambrosius Ehinger
governor Georg von Speyer
Nikolaus Federmann
Philipp von Hutten
grantedTo House of Welser
linked to: Welser family

Welser banking family
linked to: Welser family
historicalSignificance early attempt at German colonial presence in the New World
example of private European banking house governing American territory
legalForm capitulation (capitulación) from the Spanish Crown
locatedInPresentDay Venezuela
mainEconomicActivity mineral prospecting
pearl fishing
plantation agriculture
slave trade
mainPurpose colonization
exploitation of natural resources
exploration of northern South America
search for gold
search for the mythical city of El Dorado
obligationOfConcessionaire bring settlers
build towns and forts
finance exploration
introduce African slaves
rightGranted appoint officials
collect taxes
exploit mineral resources
trade in the province
significantSettlement Maracaibo
startTime 1528

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Philipp von Hutten associatedWith Welser concession in Venezuela
Nikolaus Federmann associatedWith Welser concession in Venezuela
Klein-Venedig colonial enterprise alsoKnownAs Welser Venezuela concession
linked to: Welser concession in Venezuela