The Spanish Charter of Autonomy
After four hundred years of colonial domination under the Spanish Empire, Puerto Rico finally received its sovereignty in 1897 through a Carta de AutonomÃa (Charter of Autonomy). This Charter of Autonomy was signed by Spanish Prime Minister Práxedes Mateo Sagasta and ratified by the Spanish Cortes.
Despite this, just a few months later, the United States claimed ownership of the island as part of the Treaty of Paris which concluded the Spanish-American War. This gave rise to the Puerto Rican Nationalist Party which maintained that, as a matter of international law, the Treaty of Paris could not empower the Spanish to "give" what was no longer theirs.
The Nationalist movement was intensified by the Ponce Massacre and the Rio Piedras Massacre, which showed the violence which the United States was prepared to use, in order to maintain its colonial regime in Puerto Rico.The profits generated by this one-sided arrangement were enormous.
In 1901, the first civilian U.S. governor of Puerto Rico, Charles Herbert Allen, installed himself as president of the largest sugar-refining company in the world, the American Sugar Refining Company,which was later renamed as the Domino Sugar company. In effect, Charles Allen leveraged his governorship of Puerto Rico into a controlling interest over the entire Puerto Rican economy.
By 1930, over 40 percent of all the arable land in Puerto Rico had been converted into sugar plantations owned by Charles Allen and U.S. banking interests. These bank syndicates also owned the insular postal system, the coastal railroad, and the San Juan international seaport.
Read more about this topic: Independence Movement In Puerto Rico
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