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This book is primarily a history of the Real Compahia Guipuscoana de Caracas, commonly known as the Caracas Company, which possessed a monopoly of the Venezuelan overseas trade. Roland Hussey has set his story into a broad background. About one-third of his book is devoted to an exposition of Spanish economic theory before and during the eighteenth century; to the many companies projected after 1624; to the Havana, Catalan, Philippine, and domestic Spanish companies formed after that of Caracas; and to the development of Spanish colonial trade in the eighteenth century. Since the study is based upon previously unused manuscript material, it will be indispensable to students of Spanish-American history and of economic history in general.