Council of the Indies Council of the Indies The Council of the Indies; officially, the Royal and Supreme Council of the Indies (, ), was the most important administrative organ of the Spanish Empire for the Americas and the Philippines. The crown held absolute power over the Indies and the Council of the Indies was the administrative and advisory body for those overseas realms. It was established in 1524 by Charles V of Spain to administer "the Indies," Spain's name for its territories. Such an administrative entity, on the conciliar model of the Council of Castile, was created following the Spanish conquest 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