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Historical Marker for the Abolition of Tobacco Monopoly Laoag City, Ilocos Norte. In 1780, the tobacco monopoly was established, and the Filipinos, especially in the Ilocos and Cagayan Valley were forced to plant tobaccos and were given a specific quota to produce. Initially, tobacco farmers were treated fairly, but in the end, they abhorred ...
The tobacco monopoly made the colony self-sustaining and profit-earning. [10] In 1808, the government realized a net profit of P500,000.00. These profits increased in subsequent years, reaching $3,000,000 in 1881. As a consequence of the monopoly, the Philippines became the biggest tobacco-producing country in Asia.
The government also extended military support to Alfonso Lim, with one of his companies enlisting 150 soldiers and 50 security guards. The Philippine Military trained draftees, and Lim paid for their salaries and provided their weapons. [2] Herminio Disini, a Marcos crony known for his tobacco monopoly, also had dealings with agriculture and ...
Ilocos Norte was one of the provinces Spanish colonial Governor-General, José Basco y Vargas placed under the Tobacco monopoly on 1 March 1782. [6] The policy, which effectively forced farmers in Cagayan Valley, the Ilocos provinces, Nueva Ecija and Marinduque to produce only tobacco in order to meet government quotas, [7] stayed in place until 1882. [8]
The tobacco company was founded on 26 November 1881 by Antonio López y López from Comillas, Cantabria and Santiago de Cuba, and Don Guillermo Rubio born in Santander, Cantabria. [ 3 ] In 1780, the popularity of cigars in the Philippines prompted Spanish authorities to impose a tobacco monopoly , such that the only ones able to plant ...
The Compañía General de Tabacos de Filipinas, S.A. (General Tobacco Company of the Philippines, abbreviated CdF), [1] also known as the Compañía Española de Tabacos de Filipinas, [2] was a Spanish multinational joint-stock company, one of the world's most important enterprises in the late 19th and early 20th century, and the Philippines' first private tobacco company.
The economic history of the Philippines is shaped by its colonial past, evolving governance, and integration into the global economy. Prior to Spanish colonization in the 16th century, the islands had a flourishing economy centered around agriculture, fisheries, and trade with neighboring countries like China, Japan, and Southeast Asia.
Beyond Tobacco presents the rich economic history of the Philippines and its deep relationship with Spain during and after the Tobacco Monopoly in the 19th century by its large collection of artifacts, memorabilia, maps, and photographs of the Compañia General de Tobacos de Filipinas (also known as Tabacalera).