Publication Date: April 16, 2015
Binding: Kobo eBook
THE discovery of an ocean route to India, in 1497-98, marks an epoch in the history of geographical exploration no less than in that of commerce. It confirmed the hypothesis of a circumambient ocean, first put forward by Hecataeus, but rejected by Ptolemy and his numerous followers; and, at the same time diverted into a new channel the profitable spice trade with the East which for ages had passed through Syria and Alexandria. In consequence of this diversion Venice lost her monopoly, and Lisbon became for a time the great spice-market of Europe.