Spanish East Indies exception of a short period at the end of the 18th century). In 1821 the New Spanish Viceroyalty collapsed following the Mexican War of Independence, which resulted in the First Mexican Empire. All control of the Spanish East Indies government was then transferred to Madrid, until the United States annexed most Spanish territories in the Asia-Pacific region after the Spanish–American War of 1898. In 1574 the Captaincy General of the Philippines was created as a dependency of the Viceroyalty of New Spain. The Real Audiencia of Manila was created on and established in 1584 as the highest tribunal of the
Dutch East Indies The profit from the Dutch East Indies made the Netherlands one of the world's most significant colonial powers. The Koninklijke Paketvaart-Maatschappij shipping line supported the unification of the colonial economy and brought inter-island shipping through to Batavia, rather than through Singapore, thus focussing more economic activity on Java. The worldwide recession of the late 1880s and early 1890s saw the commodity prices on which the colony depended collapse. Journalists and civil servants observed that the majority of the Indies population were no better off than under the previous regulated Cultivation System economy and tens of thousands starved. Commodity prices recovered