François Le Clerc has caused a great …
Years: 1560 - 1560
François Le Clerc has caused a great deal of damage to settlements along the coast of Panama while awaiting a Spanish treasure fleet carrying a cargo of bullion in 1560.
Such attacks have persuaded the Spanish Crown to fund the construction of the first fortresses in the main cities—not only to counteract the pirates and corsairs, but also to exert more control over commerce with the West Indies, and to limit the extensive contrabando (black market) that has arisen due to the trade restrictions imposed by the Casa de Contratación of Seville (the crown-controlled trading house that holds a monopoly on New World trade).
