Canary Islands La Gomera taking 1000 captives to be sold as slaves. Another noteworthy attack occurred in 1797, when Santa Cruz de Tenerife was attacked by a British fleet under Horatio Nelson on 25 July. The British were repulsed, losing almost 400 men. It was during this battle that Nelson lost his right arm. The sugar-based economy of the islands faced stiff competition from Spain's American colonies. Low prices in the sugar market in the 19th century caused severe recessions on the islands. A new cash crop, cochineal ("cochinilla"), came into cultivation during this time, saving the islands' economy. During this time
Canary Islands the most famous and international festival of the archipelago. The carnival is celebrated in all the islands and all its municipalities, perhaps the two busiest are those of the two Canarian capitals; the Carnival of Santa Cruz de Tenerife and the Carnival of Las Palmas de Gran Canaria. But the rest of the islands of the archipelago have their carnivals with their own traditions among which stand out: The Festival of the Carneros of El Hierro, the Festival of the Diabletes of Teguise in Lanzarote, Los Indianos de La Palma, the Carnival of San Sebastián de La Gomera and the