At times, our affiliate partners reach out to the Editors at Target Line News with special opportunities for our readers. The message below is one we think you should take a close, serious look at.
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Dear Reader,
If you use any of these 110 banks, your money could be in trouble.
You see, these banks have enrolled in a controversial pilot program that could have drastic implications for your money |
Magellan therefore went to Spain, reaching Sevilla (Seville) on October 20, 1517. He was joined in December by the Portuguese cosmographer Rui Faleiro and possibly by Rui's brother Francisco Faleiro. Magellan and Rui Faleiro journeyed to the court at Valladolid, where they offered their services to King Charles I (later, Holy Roman emperor Charles V). Magellan, until this point bearing the Portuguese name Fernão de Magalhães, henceforward became known by the Spanish version of his name—Fernando de Magallanes.By the Treaty of Tordesillas (1494), all newly discovered and undiscovered territories east of a line of demarcation (370 leagues west of the Cape Verde Islands) were assigned to Portugal; all that lay west belonged to Spain. Magellan and Faleiro now proposed to sail west to give practical proof of their claim that the Spice Islands lay west of the line of demarcation—that is, within the Spanish, not the Portuguese, hemisphere. Magellan was convinced that he would lead his ships from the Atlantic to the "Sea of the South" by discovering a strait through Tierra Firme (the South American mainland). This idea did not originate with him; others had sought a passage by which vessels sailing continuously westward would reach the East and thus avoid the African Cape of Good Hope, which was controlled by the Portuguese. On March 22, 1518, their proposal received royal assent. Magellan and Faleiro were appointed joint captains general of an expedition directed to seek an all-Spanish route to the Moluccas. In the royal agreement, Magellan and Faleiro were directed to find "the" strait, referring to the hypothetical passage through Tierra Firme. The government of any lands discovered was to be vested in them and their heirs, and they were to receive a one-twentieth share of the net profits from the venture. Both also were invested with the Order of Santiago, a Spanish military-religious knighthood. The Spanish seafaring community reacted strongly against the king's acceptance of the Portuguese-led expedition. The influence of Juan Rodríguez de Fonseca, the bishop of Burgos and head of the powerful Casa de Contratación (House of Commerce), an administrative entity that oversaw all Spanish explorations, hindered the proper organization of the expedition, which was delayed more than once. Agents of the Portuguese crown, outraged by Magellan's transfer of allegiance, also made an unsuccessful attempt to wreck the project. Ultimately, the number of Portuguese sailors assigned to the expedition was strictly limited, Fonseca managed to install a Spanish officer as a sort of cocommander of the fleet, and Magellan lost his Portuguese cocaptain, Faleiro, whose mental instability prevented him from sailing. Conflicts between the Portuguese and Spanish officers on board would lead to severe discipline problems. |
Click here to see the details because I'm talking about banks like Chase, US Bank, Wells Fargo and Citigroup, just to mention a few.
If your bank is on this list, you'll need to move your cash before September 20. |
Regards,
Andrew Packer
Analyst, Palm Beach Letter |
Magellan therefore went to Spain, reaching Sevilla (Seville) on October 20, 1517. He was joined in December by the Portuguese cosmographer Rui Faleiro and possibly by Rui's brother Francisco Faleiro. Magellan and Rui Faleiro journeyed to the court at Valladolid, where they offered their services to King Charles I (later, Holy Roman emperor Charles V). Magellan, until this point bearing the Portuguese name Fernão de Magalhães, henceforward became known by the Spanish version of his name—Fernando de Magallanes.By the Treaty of Tordesillas (1494), all newly discovered and undiscovered territories east of a line of demarcation (370 leagues west of the Cape Verde Islands) were assigned to Portugal; all that lay west belonged to Spain. Magellan and Faleiro now proposed to sail west to give practical proof of their claim that the Spice Islands lay west of the line of demarcation—that is, within the Spanish, not the Portuguese, hemisphere. Magellan was convinced that he would lead his ships from the Atlantic to the "Sea of the South" by discovering a strait through Tierra Firme (the South American mainland). This idea did not originate with him; others had sought a passage by which vessels sailing continuously westward would reach the East and thus avoid the African Cape of Good Hope, which was controlled by the Portuguese. On March 22, 1518, their proposal received royal assent. Magellan and Faleiro were appointed joint captains general of an expedition directed to seek an all-Spanish route to the Moluccas. In the royal agreement, Magellan and Faleiro were directed to find "the" strait, referring to the hypothetical passage through Tierra Firme. The government of any lands discovered was to be vested in them and their heirs, and they were to receive a one-twentieth share of the net profits from the venture. Both also were invested with the Order of Santiago, a Spanish military-religious knighthood. The Spanish seafaring community reacted strongly against the king's acceptance of the Portuguese-led expedition. The influence of Juan Rodríguez de Fonseca, the bishop of Burgos and head of the powerful Casa de Contratación (House of Commerce), an administrative entity that oversaw all Spanish explorations, hindered the proper organization of the expedition, which was delayed more than once. Agents of the Portuguese crown, outraged by Magellan's transfer of allegiance, also made an unsuccessful attempt to wreck the project. Ultimately, the number of Portuguese sailors assigned to the expedition was strictly limited, Fonseca managed to install a Spanish officer as a sort of cocommander of the fleet, and Magellan lost his Portuguese cocaptain, Faleiro, whose mental instability prevented him from sailing. Conflicts between the Portuguese and Spanish officers on board would lead to severe discipline problems. |
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