Conflict With Pizarro
After splitting the treasure of Inca emperor Atahualpa, both Pizarro and Almagro left towards Cuzco and took the city in 1533. However, Almagro's friendship with Pizarro showed signs of deterioration in 1526 when Pizarro, in the name of the rest of the conquistadors, called forth the "Capitulacion de Toledo" law in which King Charles I of Spain had laid out his authorization for the conquest of Peru and the awards every conquistador would receive from it. Long before, however, each conquistador had promised to equally split the benefits. Pizarro managed to have a larger stake and awards for himself. Despite this, Almagro still obtained an important fortune for his services, and the King awarded him in November 1532 the noble title of "Don" and he was assigned a personal coat of arms.
Although by this time Diego de Almagro had already acquired sufficient wealth in the conquest of Peru and was living a luxurious life in Cuzco, the prospect of conquering the lands further south was very attractive to him. Given that the dispute with Pizarro over Cuzco had kept intensifying, Almagro spent a great deal of time and money equipping a company of 500 men for a new exploration south of Peru.
By 1534 the Spanish crown had determined to split the region in two parallel lines, forming the governorship of "Nueva Castilla" (from the 1° to the 14° latitude, close to Pisco), and that of "Nueva Toledo" (from the 14° to the 25° latitude, in Taltal, Chile), assigning the first to Francisco Pizarro and the second to Diego de Almagro. The crown had previously assigned Almagro the governorship of Cuzco, and as such Almagro was heading there when Charles V divided the territory between Nueva Castilla and Nueva Toledo. This might have been the reason why Almagro did not immediately confront Pizarro for Cuzco, and promptly decided to embark on his new quest for the discovery of the riches of Chile.
Read more about this topic: Diego De Almagro
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